Phantom is a non-custodial wallet, which means users have full control over their private keys and funds. Unlike custodial wallets or exchanges, which hold users' funds on their behalf, non-custodial wallets like Phantom ensure that users are the sole owners of their assets.
One of Phantom's key strengths is its user-friendly interface. It is designed to be intuitive and easy to use, making it accessible to both Phantom Wallet beginners and experienced cryptocurrency users. This user-centric design aims to reduce the barrier to entry for Solana users.