Does Phantom wallet require KYC?
Only for buying crypto with cash. Phantom asks for KYC at the fiat on-ramp, not for trading itself.
Checked 2026-10-17 · 3 sources- Self-custodial: keys are held by the user via a recovery phrase or Google/Apple sign-in recovery. Perps balances sit on Hyperliquid tied to the user's Ethereum address.
- Requirements can vary by country and by withdrawal or deposit limits.
- Wallet and Cash account are worldwide. Perps are unavailable in the US, UK and sanctioned regions. Tokenized stocks are unavailable in France, Germany, the Netherlands, the UK and the US. Prediction markets vary by region.
Sources: Supported networks (chains) in Phantom · Ending support for Monad in Phantom · Ending support for Sui in Phantom. The venue's own page wins if it disagrees with ours.
Phantom
Wallet · 1.7% round trip. Phantom is a self-custodial multi-chain wallet (Solana, Ethereum, Base, Polygon, BNB Chain, Bitcoin, HyperEVM and others) with built-in swaps, cross-chain swaps, Hyperliquid-powered perps, prediction markets and a Cash stablecoin account. It charges a 0.85% Phantom fee on most swaps.
Full Phantom sheet: fees, custody, incidents →