# Phoenix Wallet — user reviews

> 70 indexed App Store user reviews of Phoenix Wallet by ACINQ, rated 4.20/5 from 75 ratings.

- Source: https://appshunter.io/ios/app/phoenix-wallet/id1544097028/reviews
- App overview in markdown: https://appshunter.io/ios/app/phoenix-wallet/id1544097028.md
- Rating breakdown: 5★ 54 · 4★ 1 · 3★ 4 · 2★ 2 · 1★ 11

## What do users think of Phoenix Wallet?

Overall sentiment: mixed

**Pros**

- 👍 Easy to use
- 🚀 Fast transactions
- 💡 Innovative features (splicing, client-side keys)
- 🔒 Non-custodial
- ✅ Reliable performance
- ✨ Great UX/UI
- 💬 Helpful support team
- ⚡️ Good for Lightning Network
- 👍 Smooth operation
- 💯 Highly recommended

**Cons**

- 💸 High fees
- 🐛 Funds stuck/not received
- ⚠️ Scam accusations
- 🤷‍♂️ Confusing for new users
- ❌ App not opening/crashing
- 📉 Poor on-chain interaction
- 🤔 Unclear transaction details
- ⏳ Long waiting times for funds
- 🚫 Not working for some users
- 📱 iOS version requirement

**Commonly reported bugs**

- Money not reflecting in account
- Crypto locked in wallet
- Bitcoin sent without user action
- App not opening on iOS
- Funds never arrived after transaction
- UI display incorrect for amounts
- Transaction pending for over 30 hours
- Seed backup to iCloud not resolved
- Funds stuck for months
- App deleted wallet after upgrade
- Restoring connections indefinitely
- Sat incoming message with 3 z
- Ghost notification badge
- V2 broken, 'restoring connections'
- Receiving not working for days
- Transactions not going through
- App offline, no internet message
- Malware activity warnings

**Most requested features**

- Add LN Address
- Show preimage in detail
- Add Portuguese language
- Add CZK fiat currency
- Option to connect via TOR on iOS
- Ability to open own channels
- QR code receiving for bleskomat

## Newest reviews (11 of 70)

### 4/5 — Not received payment

*2026-03-29, version 2.7.5*

Someone sent me money into my wallet, I got the notification but yet to see the money reflect on my account. Please do something

### 4/5 — Expensive ⚡️ but great

*2025-09-10, version 2.6.4*

Do your homework before you use this app. Most of the bad reviews are from cranked users that don’t understand lightning channels, or how Phoenix works. Read their docs on their website. 0.4% on lightning is STEEP, but they gotta fund their business, so take it or leave it 🤷‍♂️

### 2/5 — How long does the bolt 11 wallet take to expire I need a reply before I download it

*2025-06-12, version 2.6.2*

How long does the bolt 11 wallet take to expire I need a reply before I download it

### 2/5 — Bad feedback from support

*2025-01-16, version 2.4.3*

After some years, my channel for suddenly force closed. Even support communicated with me, I haven’t got transparent answer why it happen. I am not going to use this app anymore.

### 3/5 — Good but not for interacting with onchain

*2025-01-06, version 2.4.3*

LN part is great. But onchain part is crazy - inbound transactions increase liquidity, but outbound transactions decrease, so you loose you expensive channel when you send your stacked sats to the Trezor and have to buy it again.

### 4/5 — LN address

*2024-11-03*

When LN Address on phoenix wallet?

### 4/5 — Works great with small amount

*2024-06-12, version 2.2.5*

But with amount more than 100$ you can stuck. You cannot withdraw original bitcoin back seems as soon as 4 month. And not a 1 word about it in description. In the end LN is not bitcoin at all, you just sending btc to another protocol to LN, with good enough commission, than sending LN. I think no need to try, I’ve stuck 600$ cause wallet cannot convert btc and I cannot get it back. It not a scam, but it just not work at all.

Update: after 5 month waiting, funds was unlocked by network, app gets update and gets function to get funds back. Thanks for a great support

### 4/5 — Jetzt noch eigene Channels

*2024-05-12, version 2.2.4*

Die Innovation von custodial Nodes mit client side keys ist eine brillante Innovation. Leider ist man Kostentechnisch noch diesem einem Channel ausgesetzt und es kommt leider doch sehr oft zu onchain fees. Dem würde Abhilfe geschaffen, wenn man selbst noch Channels zu anderen Nodes eröffnen könnte.

### 2/5 — 20% fees?

*2024-03-29, version 2.2.0*

While making transactions to a Phoenix wallet from Strike, even the second transaction took 19.4% fee on the receiving end.. How does this make sense?

Details:

- 1st transaction was 20k satoshi and around 2k fee

- 2nd transaction was 18k satoshi and 3.3k fee (19.4%) ! This is not good

### 1/5 — Just keeps spinning

*2024-03-16, version 2.2.0*

It upgraded itself and deleted my wallet. I had to restore from seed. Then when I go to receive it just says ‘restoring connections’ and spins forever. I hate Phoenix. Looking for replacement.

### 1/5 — Não consigo liberar os satoshis

*2024-03-14, version 2.2.0*

Fiz uma transferência e está apresentando essa mensagem “sat incoming” com 3 z na esquerda.

## Most critical reviews (10 lowest-rated)

### 1/5 — Avoid this wallet and company

*2026-08-19, version 2.8.1*

I was very excited to use this app with its non custodial, set up
And ease of use. I made my first deposit successfully with no issues whatsoever as a test. I then made my second deposit to the same address and the funds did not arrive. I contacted the support documenting the error fully with all the details. In have spent countless hours trying to recover the funds that are successfully logged on the blockchain but never arrived on the phoenix app. The support continues to be short, dissmissive and even coming across rude, of clear evidence, of what I’m sure is a technical error on their side. I will never use this app again and will be seeking further advise on how to recover the funds that have ‘disappeared’

### 1/5 — Scam Wallet-British scam

*2026-02-21, version 2.7.4*

This is not a lightning node wallet where you can make money off of transfers. The are locking your crypto in so they can make money.

### 1/5 — Am ripped off

*2025-11-24, version 2.7.3*

I use a single wallet and not reusable and before I could enter my app it changed and my bitcoin was sent 🤬🤬🤬 I need you to reply fast please

### 1/5 — iOS 26

*2025-09-25, version 2.6.5*

Lässt sich nicht mehr öffnen!!🤷🏼‍♂️🤷🏼‍♂️🤷🏼‍♂️

### 1/5 — ⚠️attention⚠️

*2025-08-31, version 2.6.4*

**********SCAM***********
J’ai fais une transaction sur la blockchain btc pour approvisionner ce wallet phœnix, je n’ai jamais reçu mes BTC GROSSE ARNAQUE

### 1/5 — Do not use

*2025-08-30, version 2.6.4*

Initiated a transaction…..still waiting to receive.  30 plus hours…..worst wallet ever. AVOID!!!

Update:  funds never arrived. Look for a different wallet or risk your funds.

### 1/5 — Fix display UI correctly

*2025-08-27, version 2.6.4*

I love the app but the ui is trash incorrectly displayed one milli bitcoin is 113$ currently or 100,000 sats but why in the world would you display it incorrectly it's not 1.00 000 wrong wrong wrong it's 1.000 00 it's 1000 ƀ not 100 the last 2 digits are sats why's there a bit next to sats how am I supposed to price in Millie's if your misplacing the decimal just makes it harder to read

### 1/5 — Do not use

*2025-08-24*

Initiated a transaction…..still waiting to receive.  30 plus hours…..worst wallet ever. AVOID!!!

### 1/5 — Seed backup to iCloud?

*2024-09-03, version 2.3.3*

Noticed some folks on GitHub opened a ticket for the same exact issue but developers/ just assigned it to some other developers and call it a day!

Still not resolved!

Thankfully, there are many similar but working wallets out there.

### 1/5 — They are leaving the appstore

*2024-04-27, version 2.2.4*

Dont download they are fleeing the country

## Most praised reviews (10 highest-rated)

### 5/5 — The best hands down

*2025-12-30, version 2.7.3*

This is the best mobile lightning wallet available hands down.

### 5/5 — Great wallet

*2025-11-07, version 2.7.3*

No fuss, lightning and normal wallet operations

Smooth, low complexity, love this wallet

Keep it up lads!

### 5/5 — Excellet

*2025-10-27, version 2.6.6*

I can’t understand how this wallet has so few reviews. I tested several, and after using this one for almost a year, I’ve had no issues and no complaints. Channel management is easy, and it supports bolt12. The visuals and UX are amazing — highly recommended.

### 5/5 — Best experience for lightning self custody

*2025-06-13, version 2.6.2*

Polishes almost all of the rough spot of lightning self custody

### 5/5 — Reliable and easy to use

*2024-11-25, version 2.4.3*

Phoenix is such a great product, I get to hold my own keys yet make fast and cheap Lightning payments. The app connects fast and always works.

### 5/5 — The best Lightning wallet

*2024-10-10, version 2.4.0*

The best lightning wallet out there in my opinion.

### 5/5 — Great lightning wallet

*2024-02-29, version 2.2.0*

Very straight forward and easy to use as a non custodial wallet.

### 5/5 — Best Self-Custodial Lightning wallet

*2024-02-16, version 2.1.1*

Phoenix is the easiest to use and set-up “self custodial” Lightning wallet currently available, of-course in my opinion.

If you’ve only used a custodial one before, then the experience here is pretty similar, with fees and “what’s going on under the hood” explained well enough that I don’t feel caught out or uncertain, without it being an overly-technical explainer. I’ve used Breez before and found Phoenix works better for me.

If you’ve never used Lightning before, then Phoenix is still going to work well for you - it’s well built for a general audience not ‘pros’ only.

(Other good options are Breez, Mutiny Wallet (web based) and Zeus)

### 5/5 — Best non-custodial wallet IMHO

*2024-02-12, version 2.1.1*

Channel splicing is a step towards hiding lightning mechanics from end users, and ability to rent channel liquidity mitigates online fees to some extent. Still can’t beat the ease of a custodial wallet experience, but some great additions to custodial functionality for those that care.

### 5/5 — Non custodial lightning Easy to use

*2024-01-27, version 2.1.1*

Just understand how liquidity work and open and close channels is

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-28.*
