Phoenix vs Proton Wallet
Phoenix has the higher grade on both axes: Safety 8.5 against 6.9, and Privacy 8.6 against 6.4.
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 →
Proton Wallet
Open-source self-custodial Bitcoin wallet tied to a Proton account, from Swiss Proton Financial AG
Privacy
6.4/ 10
Fair
Safety
6.9/ 10
Fair
No ID mentioned KYC 1 Docs reviewed Full review →
Side by side
| Phoenix | Proton Wallet | |
|---|---|---|
| Category | Wallets | Wallets |
| KYC policy | ID never required | No ID mentioned |
| Custody | Non Custodial | Non Custodial |
| Sign-up | No account needed | Email required |
| Open source | Yes | Yes |
| Tor onion address | No | No |
| Coins | BTC | BTC |
| Pay with | Not published | Crypto, Card, Bank transfer |
| Fees | 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. | Not published |
| Limits | By default incoming payments are rejected if the fee exceeds 5,000 sat or 50% of the amount (adjustable). | Not published |
| Founded | 2019 | Not published |
| Jurisdiction | France | Switzerland |
| Not available in | Not published | Territories under comprehensive sanctions, including Iran, North Korea, Cuba, Syria and certain Ukrainian regions |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Phoenix
No registrationNo email neededNo phone neededAccepts Lightning5+ years operating
Both
Open sourceNon-custodialLegal entity disclosed
Only Proton Wallet
Third-party liquidity
Where they sit among wallets
Questions
Is Phoenix or Proton Wallet safer?
Phoenix has the higher Safety grade: Phoenix 8.5, Proton Wallet 6.9, out of 10.
Does Phoenix or Proton Wallet require KYC?
Phoenix is KYC level 0 (ID never required). Proton Wallet is KYC level 1 (no ID mentioned).
Which has more incidents on record?
Phoenix has 0 and Proton Wallet has 0 documented incidents in the registry.