Phantom Wallet Extension

September 21, 2024 1 Min read Views 17 BUSINESS

The Solana blockchain’s most widely used cryptocurrency wallet is Phantom Extension, a non-custodial Web3 wallet. Web3 seeks to fuse the contemporary features of Web2 with the decentralized structure of Web1 (where individuals and companies own their websites).

With the help of Phantom Extension, web3 will be enabled, enabling users to move cryptocurrency assets between Solana wallets and Solana DApps without restriction. For example, players can play blockchain games and get their in-game tokens using the Phantom Wallet. They can then exchange those tokens for fiat money or SOL by connecting to decentralized exchanges like Raydium using the same wallet.

Tags: Phantom Extension, Phantom Wallet Extension

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