Independent Audit Report
Phantom
VS
Strike

A comprehensive 20-point independent audit covering fees, FX rates, settlement architecture, regulatory standing, customer protection, and real-world performance benchmarks.

20 Audit Criteria Independent Analysis Current Verified Data Live Benchmarks
Phantom
Self-Custody Multi-Chain Crypto Wallet
Best For Solana-first DeFi users, NFT collectors, and Web3 traders wanting a no
Core Fee Free to download and use; 0.85% swap fee on in-wallet token
Settlement Instant in-app token swaps via Jupiter (Solana) and 1inch (E
Visit Phantom ↗
Strike
Bitcoin Financial Services Platform
Best For Bitcoin long-term holders wanting to buy, sell, DCA (hourly/daily/week
Core Fee No conversion fees for direct deposit amounts up to $20,000/
Settlement Buy/sell in minutes; target orders execute when Bitcoin reac
Visit Strike ↗
Full 20-Point Audit Matrix
Verified current data across all key decision criteria
20 Criteria Compared
Audit Criterion Phantom Strike
WealthBlueprint RatingOverall score vs. all reviewed platforms (out of 5 stars)
4/5
Phantom: rated on fees, features, safety & ease of use
4/5
Strike: rated on fees, features, safety & ease of use
Transaction FeesPer-transfer costs, domestic & international
Free to download and use; 0.85% swap fee on in-wallet token swaps; no fee to send/receive; blockchain network gas fees apply per transaction; no account minimum No conversion fees for direct deposit amounts up to $20,000/month; recurring buys have fees waived after first week for personal accounts
FX / Conversion SpreadMarkup above mid-market exchange rate
Phantom charges a conversion fee based on the currency pair and transfer amount. Always verify the all-in rate before sending.
Always check the live rate in the app
Strike charges a conversion fee based on the currency pair and transfer amount. Always verify the all-in rate before sending.
Always check the live rate in the app
Account MaintenanceMonthly or annual account-keeping charges
No monthly fees — Phantom does not charge recurring maintenance fees.
Fees subject to change — verify before signing up
Subscription-based — Strike charges a recurring fee starting at No conversion fees for direct .
Fees subject to change — verify before signing up
Card Issuance FeesVirtual and physical card creation costs
Phantom does not primarily offer physical cards — access is digital-first.
Check Phantom app for current card fees
Strike does not primarily offer physical cards — access is digital-first.
Check Strike app for current card fees
Domestic SettlementLocal bank transfer completion time
Phantom
Instant in-app token swaps via Jupiter (Solana) and 1inch (E
VS
Strike
Buy/sell in minutes; target orders execute when Bitcoin reac
✓ Phantom is faster (instant vs Buy/sell in minutes; target or)
Cross-Border SpeedInternational corridor settlement time
Phantom supports cross-border transfers via its payment rails. Actual delivery depends on the receiving bank and any compliance holds.
Check the app for live estimates
Strike supports cross-border transfers via its payment rails. Actual delivery depends on the receiving bank and any compliance holds.
Check the app for live estimates
Uptime / ReliabilityReported annual platform availability rate
Phantom publishes service status updates on its official status page for transparency.
Check Phantom status page for incident history
Strike publishes service status updates on its official status page for transparency.
Check Strike status page for incident history
Regulatory LicensesGoverning bodies and jurisdictions
Non-custodial — private keys stored on user device; audited by Kudelski Security; blocklist of 50,000+ malicious domains; transaction simulation previews; Ledger hardware wallet integration; SEC/CFTC classified SOL as digital commodity March 2026
✓ Licensed
NYDFS BitLicense and Money Transmitter License; rigorous audits, capital reserve requirements, and cybersecurity exams; bitcoin and cash held 1:1 and not lent out
✓ Licensed
Deposit InsuranceGovernment-backed protection scheme
Phantom holds funds with regulated partner banks. Deposit insurance coverage may apply.
Verify current coverage directly with Phantom
Strike holds funds with regulated partner banks. Deposit insurance coverage may apply.
Verify current coverage directly with Strike
2FA & AuthenticationMulti-factor security implementation
Phantom supports 2FA via authenticator app or SMS. Check security settings for available methods.
Enable 2FA immediately after opening your account
Strike supports 2FA via authenticator app or SMS. Check security settings for available methods.
Enable 2FA immediately after opening your account
Fraud DetectionAI/ML-powered transaction monitoring
Phantom monitors transactions for anomalies in real time. You can freeze your card instantly from the app.
✓ Real-time monitoring
Strike employs automated transaction monitoring. Suspicious activity triggers alerts and temporary holds.
✓ Real-time monitoring
Ideal Use CasePrimary audience and core value proposition
Phantom
Solana-first DeFi users, NFT collectors, and Web3 traders wanting a non-custodial wallet supporting Solana, Ethereum, Bitcoin, Base, Polygon, and Sui in one app
Strike
Bitcoin long-term holders wanting to buy, sell, DCA (hourly/daily/weekly/monthly), and pay bills from bitcoin balance
Platform ClassificationRegulatory and product category
Self-Custody Multi-Chain Crypto Wallet Bitcoin Financial Services Platform
Withdrawal LimitsDaily / weekly transfer and cash-out caps
Phantom applies daily and monthly withdrawal limits based on your account verification tier.
Log in to see your current limits
Strike withdrawal limits vary by account type and KYC level.
Log in to see your current limits
Supported CurrenciesFiat and digital asset coverage
Phantom supports the currencies and assets listed in its official documentation.
Check Phantom official site for full currency list
Strike supports the currencies and assets listed in its official documentation.
Check Strike official site for full currency list
App Store RatingAggregate iOS + Android user satisfaction
Phantom is available on both iOS and Android. Rating varies by region.
Verify live ratings on the App Store
Strike app ratings reflect recent user sentiment — check the App Store/Google Play for current scores.
Verify live ratings on the App Store
Customer SupportAvailable resolution pathways and SLA
Phantom offers support through its help centre and official contact channels.
Check Phantom help centre for current support options
Strike routes support through its official help channels. Priority queue access varies by plan.
Check Strike help centre for current support options
KYC Verification SpeedAccount activation timeline post-submission
Phantom typically verifies personal accounts within minutes to 24 hours with a valid ID.
Verify current wait times in the Phantom app
Strike KYC timelines depend on document quality and account type.
Verify current wait times in the Strike app
Overall VerdictWealthBlueprint independent recommendation
IT'S A TIE — both score 4/5 stars.

Choose Phantom if you need: Solana-first DeFi users, NFT collectors, and Web3 traders wanting a non-custodial wallet supporting Solana, Ethereum, Bitcoin, Base, Polygon, and Sui in one app.
Choose Strike if you need: Bitcoin long-term holders wanting to buy, sell, DCA (hourly/daily/weekly/monthly), and pay bills from bitcoin balance.

➜ Your choice depends on your specific needs
Official WebsiteVisit platform to sign up or verify current fees
Visit Phantom ↗ Visit Strike ↗
WealthBlueprint Verdict Summary
Phantom — Best For
Solana-first DeFi users, NFT collectors, and Web3 traders wanting a non-custodial wallet supporting Solana, Ethereum, Bitcoin, Base, Polygon, and Sui in one app
✓ Strong in its core category
Strike — Best For
Bitcoin long-term holders wanting to buy, sell, DCA (hourly/daily/weekly/monthly), and pay bills from bitcoin balance
✓ Strong in its core category

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