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Ledger Wallet (formerly Ledger Live) vs Phoenix

Phoenix has the higher grade on both axes: Safety 8.5 against 6.9, and Privacy 8.6 against 8.2.

Ledger Wallet (formerly Ledger Live)

Open-source companion app for Ledger hardware wallets, renamed from Ledger Live

Privacy

8.2/ 10

Strong

Safety

6.9/ 10

Fair

ID never required KYC 0 Docs reviewed Full review →

Phoenix

Self-custodial mobile Lightning wallet from ACINQ with automatic channels and swaps

Privacy

8.6/ 10

Excellent

Safety

8.5/ 10

Excellent

ID never required KYC 0 Docs reviewed Full review →

Side by side

Ledger Wallet (formerly Ledger Live)Phoenix
Category Wallets Wallets
KYC policy ID never required ID never required
Custody Non Custodial Non Custodial
Sign-up No account needed No account needed
Open source Yes Yes
Tor onion address No No
Coins BTC, ETH, SOL, XRP, USDT, USDC BTC
Pay with Crypto, Card, Bank transfer Not published
Fees Not published Sending via Lightning 0.4% + 4 sat; receiving with existing liquidity free; receiving with insufficient liquidity or requesting liquidity 1% + mining fees; channel creation 1,000 sat; on-chain sends pay user-chosen mining fees.
Limits Not published By default incoming payments are rejected if the fee exceeds 5,000 sat or 50% of the amount (adjustable).
Founded Not published 2019
Jurisdiction France France
Not available in Ledger may restrict access in certain countries; users must not be on sanctions lists Not published
Incidents on record 0 0
Published tests (180 days) 0 0

Only Ledger Wallet (formerly Ledger Live)

Third-party liquidity

Both

No registrationNo email neededNo phone neededOpen sourceNon-custodialLegal entity disclosed

Only Phoenix

Accepts Lightning5+ years operating

Where they sit among wallets

2 2 4 4 6 6 8 8 10 10 PRIVATE AND SAFE SAFE, ASKS MORE PRIVATE, LESS PROVEN PRIVACY GRADE → SAFETY GRADE → Electrum Privacy 8.6 · Safety 8.5 Phoenix Privacy 8.6 · Safety 8.5 Wasabi Wallet Privacy 8.9 · Safety 8.0 ZEUS Privacy 8.6 · Safety 8.0 Bitkey Privacy 6.8 · Safety 7.5 Muun Privacy 6.8 · Safety 7.5 Cake Wallet Privacy 8.6 · Safety 7.4 Monerujo Privacy 8.6 · Safety 7.4 Feather Wallet Privacy 9.4 · Safety 7.0 Monero GUI and CLI W Privacy 9.3 · Safety 7.0 Monfluo Privacy 8.9 · Safety 7.0 BlueWallet Privacy 8.6 · Safety 7.0 Envoy Privacy 8.5 · Safety 7.0 Sparrow Wallet Privacy 8.5 · Safety 7.0 Blixt Wallet Privacy 7.6 · Safety 7.0 Breez (Glow) Privacy 7.6 · Safety 7.0 Nunchuk Privacy 7.5 · Safety 7.0 Stack Wallet Privacy 8.6 · Safety 6.9 AQUA Wallet Privacy 8.3 · Safety 6.9 Ledger Wallet (forme Privacy 8.2 · Safety 6.9 Trezor Suite Privacy 8.2 · Safety 6.9 Proton Wallet Privacy 6.4 · Safety 6.9 Exodus Privacy 7.0 · Safety 6.8 Ashigaru Privacy 8.9 · Safety 6.6 Blockstream app (Gre Privacy 8.3 · Safety 6.4 Unstoppable Wallet Privacy 8.2 · Safety 6.4 Edge Privacy 7.2 · Safety 6.4 Zodl (formerly Zashi Privacy 7.2 · Safety 6.4 Atomic Wallet Privacy 7.4 · Safety 5.3 Trust Wallet Privacy 7.0 · Safety 5.3 Guarda Privacy 3.7 · Safety 5.4
Trade Spend Infrastructure Identity 31 services. Hover or tap a point.

Questions

Is Ledger Wallet (formerly Ledger Live) or Phoenix safer?

Phoenix has the higher Safety grade: Ledger Wallet (formerly Ledger Live) 6.9, Phoenix 8.5, out of 10.

Does Ledger Wallet (formerly Ledger Live) or Phoenix require KYC?

Ledger Wallet (formerly Ledger Live) is KYC level 0 (ID never required). Phoenix is KYC level 0 (ID never required).

Which has more incidents on record?

Ledger Wallet (formerly Ledger Live) has 0 and Phoenix has 0 documented incidents in the registry.

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