How to install Phantom Wallet
On mobile
You can install Phantom Wallet on your Apple or Android smartphone via the App Store or Play Store. Simply search your app store for "Phantom wallet" and download.
Once it has been installed, you can then import your existing crypto wallet or create a new one.
On desktop
You can download the Phantom Wallet extension on the Chrome, Brave, Edge or Firefox browsers.
Head to the Phantom website, select your browser and install it via the link. Like on mobile, you can choose to import your existing wallet or create a new one.
Important: When creating a new wallet, it is extremely important that you record your recovery phrase and put it somewhere secure. Never share your wallet password or recovery phrase with anyone.
How to add cryptocurrency to Phantom
- Select "Receive"
- Choose the network you want to send tokens on
- Copy the wallet address
- Use this wallet address to send tokens from an exchange or other wallet
Make sure you're using the correct network for the tokens you're looking to send so you don't lose them.
Which networks does Phantom support?
Phantom now supports many of the most popular cryptocurrency networks:
What fees does Phantom charge?
Whenever you submit a transaction, you'll need to pay a network transaction fee (also known as a gas fee). This fee will vary based on the network you're using and how busty the network is at the time of the transaction.
However, this fee does not go to Phantom but the validators of the network (such as Bitcoin miners).
Phantom lets you set limits on the maximum gas fees you're happy to pay, but please note if you set these limits too low your transaction may not be processed.
If you use the Phantom Wallet to swap between tokens directly, Phantom will charge a 0.85% fee on top of any network fees.
Is Phantom safe?
Phantom includes a number of security features to better protect users and their funds.
It has been independently audited and does not track any personal information or balances.
Phantom will automatically flag suspicious transactions and keep you up-to-date on potential phishing sites via its open source blocklist. You can also report, hide and burn spam NFTs.
Like with any self-custodial wallet, it's ultimately up to you to keep your funds secure by never giving out your password or recovery phrase. You should also never interact with a dApp without first confirming that it's legitimate.
Phantom customer support
Phantom offers 24/7 support via its online chat bot.
Phantom alternatives
Prices are subject to change and should be used as a general guide only
Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
