How to start in 4 steps
Install Phantom on your phone from phantom.com (referral codes only work in mobile sign-up)
Create a new wallet; a referral code can only be entered on the sign-up screen
Write the recovery phrase down offline and set a strong password
Fund the wallet with SOL, then make a small first swap and read the fee line
Plain link to the official site: we earn nothing from it. Check the address before you log in.
Quick picks
| Wallet | Chains | Built-in swap fee | Best for |
|---|---|---|---|
| Phantom | Solana + Ethereum, Base, BNB Chain, Robinhood Chain and more | 0.85% | One app for Solana and the main EVM memecoin chains |
| Solflare | Solana | Not a fixed % (shown in quote) | Solana-only users |
| Backpack | 14 networks incl. Solana and Ethereum | 0% per a Mar 2026 blog; terms say 0.85% (unverified) | Backpack exchange users |
| MetaMask | EVM + Solana and Bitcoin accounts | 0.875% + gas | EVM coins (Base, BNB Chain) |
| Rabby | 100+ EVM networks, no Solana | 0.25% | EVM traders who want pre-sign simulation |
Wallet or trading app?
A wallet is for holding and occasional swaps. If you trade often, a memecoin app or terminal is usually cheaper and faster: the pump.fun app charges 1.70% on bonding-curve trades (1.25% curve + 0.45% Platform Fee, 0.40% with code cozyoctopus9356), Axiom starts at 0.95% net. Compare them on best memecoin trading apps.
Where to keep what you don't trade
Move long-term holdings to a hardware wallet or at least a separate wallet that never connects to new sites. See Ledger vs Trezor vs Tangem and Tangem.
Safety rules for any wallet
- Use a separate hot wallet for new coins, with only what you can lose.
- Never sign a transaction you don't understand; revoke old approvals on EVM chains.
- Bookmark official sites and ignore DMs offering help.
Related
Sources
Updated 2026-10-12. How we test
Frequently asked questions
What is the best wallet for Solana memecoins?
Phantom or Solflare. Phantom also covers EVM chains such as Base and BNB Chain; Solflare is Solana-only.
Which wallet has the lowest swap fee?
Among those listed, Rabby publishes 0.25% (EVM only). Phantom charges 0.85% on most swaps and MetaMask 0.875% plus gas.
Should I keep memecoins on a hardware wallet?
For holdings you don't trade, yes; for active trading, use a separate hot wallet with a small balance.
Signed up but waiting on first deposit?
Nothing is paid until your first purchase through the Deposit button in the pump.fun app (card, Apple Pay, Google Pay, PayPal or another method the app shows). SOL or other crypto sent from an exchange or wallet does not count. The 10-day window starts when that deposit is confirmed: trade on 5 different days (UTC) inside it, and keep the purchased funds in the wallet until the last payout.
Independent guide, not affiliated with pump.fun. Affiliate link: we may earn a share of fees.