Phantom® Wallet

Phantom wallet can hold up to 10 cards at once, and includes a space for cash. The Phantom Wallet is the worlds first discreet and innovative wallet.

This is a decentralized Web 3.0 self-custodial wallet that stores your private keys on your device thus giving you complete control of your funds. Phantom is compatible with several browsers including Chrome, Firefox, Edge, and the Brave browser.

Simply put, Phantom is the MetaMask equivalent of the Solana ecosystem as it is mainly designed to make the process of managing private keys for DeFi projects in the Solana network much easier. Already, Phantom has raised $9 million from renowned venture capitalists such as A16z. The funds are set to be used for the development of its platform.

Phantom Pros & Cons

Pros

• Available on several browsers with an intuitive and beginner-friendly interface

• Benefits from Solana’s extremely low fees

• Features a built-in token swap feature with Ethereum support coming in the future

• Supports linking hardware wallets such as Ledger for increased security

• Non-custodial wallet, which means you still hold your private keys

Cons

• Relatively new wallet that’s not as tested as some of the competing products

• The mobile app is still in development so right now Phantom is only available in browser form

• Limited to the SOL ecosystem so that means no support for crypto heavyweights like Ethereum and Bitcoin