Phantom review
Last reviewed:
🏆 2026 Overall Top Rated 🏆 2026 Best Hot Wallets
FlixoCrypt rating
Key facts
| Type | wallet-hot (Hot Wallets) |
|---|---|
| Trading fees | Maker n/a · Taker In-app swap fee + low Solana gas |
| Withdrawal | Network gas only |
| Free to use | Yes |
| KYC required | No |
| Regulated | No / limited |
| Supported assets | any major token via custom networks (no fixed asset list) |
| Country availability | Global |
| Restricted regions | None listed |
| Affiliate commission | CPA · None (self-custody) |
| FlixoCrypt rating | 4.4 / 5 |
| Best for | Solana users (and now multi-chain) wanting a polished wallet |
| Last verified | 2026-06-29 |
Last verified — Fees are set on-chain or by the protocol and can vary by route, pool, token or network; we did not find a single fee schedule we could read automatically. Fees may have changed, so confirm on the official site. How we verify fees
Overview
Phantom is a self-custody wallet that began as the leading Solana wallet and has expanded to support Ethereum, Polygon and Bitcoin. It is known for a clean, beginner-friendly interface with built-in swaps and NFT support. It is free and non-custodial, so security depends on the user safeguarding the recovery phrase. It remains the default choice for the Solana ecosystem.
Availability
Phantom is available in: Global. Always confirm availability for your country on the official site, as regional support changes. Availability, regulation and tax treatment vary by country. Check your local laws before trading, and confirm current details on the official site. Regional note — India: Indian residents face 30% tax on crypto gains and 1% TDS on transactions above ₹50,000 per the Finance Act 2022. India availability (checked 2026-11-09): Its terms do not list India as restricted. This is not a statement that use is legal. Source: 1
Pros
- Best-in-class Solana experience (now multi-chain)
- Clean, beginner-friendly UI
- Built-in swaps and NFT support
Cons
- Strongest on Solana
- Self-custody risk model
- Swap fees apply
Who it is for
- Best for: Solana users (and now multi-chain) wanting a polished wallet.
- Avoid if: You need deep, mature support across many non-Solana chains.
Verdict
The most polished Solana wallet, increasingly multi-chain; self-custody care still applies.
User reviews
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Phantom FAQ
What is Phantom? +
Phantom is a self-custody wallet that began as the leading Solana wallet and has expanded to support Ethereum, Polygon and Bitcoin. It is known for a clean, beginner-friendly interface with built-in swaps and NFT support. It is free and non-custodial, so security depends on the user safeguarding the recovery phrase. It remains the default choice for the Solana ecosystem.
Is Phantom safe? +
Phantom is lightly regulated or non-custodial. No protocol breach; user risk is phishing and malicious approvals. As with any platform, use strong security and only hold what you need on it.
Does Phantom require KYC? +
No — KYC is not required (non-custodial or minimal verification), which shifts custody and compliance responsibility to you.
What are Phantom's fees? +
Phantom fees: maker n/a, taker In-app swap fee + low Solana gas; withdrawals: Network gas only. Always confirm current fees on the official site, as crypto fees change often.
Is Phantom available in my country? +
Available globally, with some regional restrictions. Availability, regulation and tax treatment vary by country. Check your local laws before trading, and confirm current details on the official site. Regional note — India: Indian residents face 30% tax on crypto gains and 1% TDS on transactions above ₹50,000 per the Finance Act 2022.
What is Phantom best for? +
Solana users (and now multi-chain) wanting a polished wallet.
When should you avoid Phantom? +
Avoid Phantom if: You need deep, mature support across many non-Solana chains.
What are the main pros and cons of Phantom? +
Pros: Best-in-class Solana experience (now multi-chain); Clean, beginner-friendly UI; Built-in swaps and NFT support. Cons: Strongest on Solana; Self-custody risk model; Swap fees apply.
Is Phantom regulated? +
No / limited. Self-custody software
When was this Phantom review last verified? +
This review was last verified on 2026-06-29 against the official site.
Published by Binary Tech Stay Solutions
Researched and drafted with AI from official sources, then checked by automated tests. Pages are not individually reviewed by a named human editor.
Last verified:
Sources
- Phantom — official site — verified
Insights for Phantom
Facts computed from our catalogue, refreshed daily (2026-11-13). How these are calculated. Informational only, not financial advice.
- Rating position
- #1 of 11 in Hot Wallets (rated 4.4/5; category median 3.8). Higher than 100% of the other listings in the category.
- Alternatives
- 10 other listings in Hot Wallets. Browse the category.
- Visits and outbound clicks (last 5 days)
- 0 visits to this page and 0 clicks on its Visit links. First-party counts since 2026-11-09; known bots and Do Not Track visitors excluded.
- India availability
- Yes. 27.3% of Hot Wallets listings are available in India.
- KYC and regulation
- KYC required: No (9.1% of the category). Listed as regulated: No (9.1% of the category).
- Reach
- Global availability stated ; 1000000 assets supported.
- Where it appears
- 0 best-of guides ; 0 head-to-head comparisons.
- Freshness
- Review last verified 2026-06-29 (137 days ago). Fee page is not fetched automatically yet.