Phantom

Choose the recovery method before creating a Phantom wallet. Google or Apple sign-in is one route. The phrase-based route generates twelve words that Phantom cannot replace or recover for you.

On mobile, More Options and Create Recovery Phrase begin the phrase route. Save the words offline, confirm the backup and choose a Phantom username. In the extension, Create a New Wallet leads to Create a Recovery Phrase Wallet. Its local password needs at least eight characters with a capital letter, number and special character. That password unlocks this browser; it is not a substitute for the saved phrase.

The app is free to download on iOS, Android and supported browsers. Most swaps carry a 0.85% Phantom charge, plus applicable network and bridge costs. Certain Cash conversions and deposits into a perpetual-trading balance have different fee treatment, so use the quoted breakdown for the specific action.

The mobile Trade view offers a clear way to compare a swap: tap the lower-right plus button, choose Trade, then select You Pay and You Receive. Enter the amount and review both tokens, the expected receipt and price impact, meaning how much the trade itself moves the price. Swap settings let you adjust slippage and select a bridge provider where relevant. Confirmed tokens appear in the portfolio.

Cross-network swaps can take longer because several blockchain confirmations are involved. Small orders can be disproportionately expensive; some routes require at least USD 2 in value. Sponsored network charges do not remove every other charge.

Phantom also offers a separately provided card and additional markets. The card requires an adult applicant and its own agreement; Phantom identifies itself as a financial technology provider rather than a bank. Check the specific market's access conditions before funding it. Wallet controls do not prevent losses from adverse prices or a malicious application.