In Brief:
- Phantom is getting ready to release a mobile version of its wallet.
- The mobile app will provide Solana DeFi traders with a much-needed resource.
The leading browser-based wallet, Phantom, is planning to release its mobile app. Phantom is a non-custodial crypto wallet designed specifically for the Solana ecosystem.
The Phantom wallet is only available on desktop for now and the firm will also broaden its reach once it reaches 1 million weekly active users.
The wallet enables traders to send, receive, and exchange tokens within the Solana ecosystem. It also allows you to buy, sell, and even create NFTs.
Phantom mobile app will give Solana DeFi traders resources in a market with limited choices. Most other wallets don’t support staking for example.
Phantom CEO and co-founder Brandon Millman stated that “This means they can mint NFTs, stake tokens, and more while not being tied to their computers, which carries considerable weight considering how fast the Solana ecosystem currently moves.”
Recently peer-to-peer Bitcoin platform, LocalBitcoins, announced the launch of its new application to gain more users on the platform. The app is also going to offer over 100 payment methods for users.
