How to Swap BTC or ETH to SOL Using Phantom (Step-by-Step Guide)

Swapping Bitcoin (BTC) or Ethereum (ETH) to Solana (SOL) is one of the most common ways users enter the Solana ecosystem.

Phantom now supports Bitcoin network integration, meaning BTC ↔ SOL swaps can be performed directly inside the wallet. Ethereum swaps are also supported. For setup and funding, see the Phantom Wallet Guide.

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Can You Swap BTC to SOL Inside Phantom?

Yes.

According to Phantom’s official documentation, users can enable the Bitcoin network and swap BTC directly to SOL or USDC inside Phantom.

Supported routes include:

From	To	Pairs
Bitcoin	Solana	BTC → SOL, USDC
Solana	Bitcoin	SOL → BTC
Ethereum	Solana	ETH → SOL
Solana	Ethereum	SOL → ETH

You can swap BTC or ETH to SOL directly in Phantom. If you already use Phantom and have a little SOL for fees, this is often the most convenient route: one wallet, one flow, no extra setup.

Bear in mind that these are cross-chain swaps, so you still wait for confirmations on the source chain (Bitcoin or Ethereum), and you pay both swap fees and network fees.

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Fees and Confirmation Times

Cross-chain swaps combine multiple fee layers. When swapping BTC or ETH to SOL inside Phantom, your total cost typically includes:

Swap & Routing Fees

Fee type	Typical rate	Notes
Phantom in-app swap fee	0.85%	Applied on eligible cross-chain pairs.
Bridge / liquidity provider	~0.3% (varies)	Depends on route and liquidity; not fixed.
Gasless routing (when available)	Up to 1.5% all-in	Includes Phantom’s 0.85% plus routing premium.

When routing or bridge fees apply, your total swap cost can exceed 0.85%. These fees are usually bundled into the quoted output amount.

Confirmation Times

Timing depends on the source chain:

• BTC → SOL: Slower due to Bitcoin confirmations and miner fee variability.
• ETH → SOL: Usually faster than BTC, but delays occur during gas spikes.
• Solana-side receipt: Once routed, SOL appears quickly in Phantom.

If a quoted rate looks expensive, it is usually bundling:

Phantom fee + routing fee + network fee into the final output.

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Step-by-Step — Swap BTC or ETH to SOL in Phantom

If you already hold BTC or ETH or other assets inside Phantom:

• Open Phantom.
• Select the asset you want to swap (BTC or ETH).
• Tap Swap and choose SOL as the destination.
• Review the quoted rate and total fees.
• Confirm and wait for network confirmation to complete the transaction.
• Receive SOL in your Phantom Wallet.

Important: When swapping from Bitcoin or Ethereum, you must have a small amount of the source network’s native token to cover network fees (BTC for Bitcoin transactions, ETH for Ethereum gas).

If you already keep a small amount of SOL and use Phantom regularly, swapping inside the wallet can be convenient since everything happens in one interface.

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Phantom vs Allblu: Cross-Chain Swap Comparison

Instead of swapping inside Phantom, you can use Allblu for a direct cross-chain swap.

With Allblu, you can:

• Send BTC or ETH from any wallet
• Receive native SOL directly to any valid Solana address
• See the full quoted rate upfront (0.75% all-in fee)
• Avoid enabling additional networks inside your wallet

Network confirmations on Bitcoin or Ethereum are still required, but routing and pricing are handled externally.

This approach is often preferred when:

• You are not using Phantom as your primary wallet
• You want to send directly to another Solana address
• You want a simple cross-chain quote without in-app routing layers

Explore supported routes or get a quote for BTC to SOL and ETH to SOL.

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Phantom vs Allblu (Quick Comparison)

Feature	Phantom In-App Swap	Allblu
Wallet Required	Phantom	Any wallet
Base Fee	0.85% + routing fees	0.75% all-in
Network Fees	BTC / ETH gas required	BTC / ETH gas required
Destination Flexibility	Limited to supported routes	Any valid SOL address
Setup Required	Enable BTC / ETH network in Phantom	No wallet configuration needed
Best For	Existing Phantom users	Direct cross-chain swaps

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Common Mistakes to Avoid

Sending BTC directly to a Solana address

Bitcoin and Solana use completely different address formats. Sending BTC to a Solana address can result in loss of funds. Always use the correct deposit address for each network.

Ignoring the total fee stack

Swap fee, network fee, and routing premium can significantly impact total cost. Check the quoted rate and breakdown before confirming.

Not double-checking the destination address

Always copy your SOL receive address directly from Phantom and verify it matches before sending. A wrong address can mean permanent loss.

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Frequently Asked Questions

Does Phantom support native Bitcoin?

Yes. Phantom supports the Bitcoin network and allows BTC swaps to supported networks including Solana. You can also swap Ethereum to SOL inside Phantom.

What fees should I expect when swapping BTC or ETH to SOL in Phantom?

You pay Phantom’s in-app fee, any routing or bridge fees, and source-chain network fees (BTC or ETH). Total cost can be higher than same-chain swaps because of confirmations and routing. Always check the quoted rate before confirming.

Is bridging the same as swapping?

No. Bridging locks assets and mints wrapped tokens on another chain. Swapping converts one asset for another and can settle in native form. See Understanding Wrapped Tokens for how they differ.

Can I get SOL in Phantom without using Phantom’s in-app swap?

Yes. You can use a native cross-chain swap to send BTC or ETH and receive SOL at any Solana address, including your Phantom wallet. Compare quotes to choose the best option.

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Final Thoughts

You can swap BTC or ETH to SOL inside Phantom once the right networks are enabled, and for many users that single-wallet flow is the simplest. Cross-chain swaps still involve routing, confirmations on the source chain, and multiple fee layers, so the total cost and wait time are usually higher than a same-chain swap.

Knowing how Phantom’s in-wallet swap compares to a direct native cross-chain route helps you pick the most efficient path. Get a quote for your preferred route before sending funds.