Phantom is a digital wallet. It is a cryptocurrency wallet designed specifically for the Solana blockchain ecosystem. The Phantom Wallet allows users to store, manage, and interact with digital assets on Solana, including cryptocurrencies and non-fungible tokens (NFTs). Its features include easy access to decentralized applications (dApps), in-wallet trading of tokens, and a user-friendly interface, making it popular among users of the Solana network. Unlike a cryptocurrency exchange, which is a platform for buying and selling crypto assets, Phantom is focused on secure storage and management of digital assets.

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