The Phantom Wallet is a hot wallet that functions as a negotiator between Solana blockchain and crypto users. The Phantom wallet operates as a website extension, and it launched in 2021. The Phantom wallet allows users to send, receive and exchange cryptocurrency. The Phantom wallet extension works in various types of browsers such as chrome or Firefox, and the mobile application of Phantom wallet is available on ios devices. You will need to set up your account through the Phantom Wallet Extension to start a transaction.