Bisq vs Phoenix Wallet
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Bisq
Stay informed about your decentralized trading activities even when away from your desktop. Receive timely alerts for trade updates and new offers directly on your mobile device.
- Trade update notifications
- Offer alerts
- Desktop app integration
- Mobile convenience
- Decentralized finance alerts
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Since Bisq is a desktop-based application, this app enables you to receive important notifications such as trade updates and offer alerts when you are not near your computer.
Phoenix Wallet
This app offers a fast, easy, and secure way to manage Bitcoin. It leverages the Lightning Network for near-instantaneous payments with minimal fees, making it ideal for everyday transactions like buying coffee. It's a non-custodial, open-source wallet designed for user-friendliness.
- Instant Bitcoin payments
- Minimal transaction fees
- Secure Bitcoin storage
- Automatic Lightning channel management
- Non-custodial wallet
- Open source
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Phoenix makes using bitcoin easy, fast and safe. Payments are nearly instantaneous, and fees are minimal. You can use it to send payments (e.g. buy a cup of coffee), receive payments, and store your bitcoin safely for day-to-day spending. The bitcoin lightning network means faster payments and smaller fees. Lightning is 100% bitcoin - an open standardized payments layer, engineered to improve speed while maintaining security and decentralization. And Phoenix makes it possible for everyone to use. Lightning channels are managed for you automatically. And inbound liquidity is automatically handled too. If you don't know what any of that means, then this is the wallet for you! Phoenix is a non-custodial wallet, and is fully open source. It was created by ACINQ, one of the pioneering companies in the bitcoin lightning network. And the same company that runs the largest lightning node in the world. Bitcoin is for everyone. Enjoy.
Screenshots
Verdict
The clearest difference is rating: Bisq at 4.5 against Phoenix Wallet's 4.2. Bisq also leads on review sentiment (67% vs 57%) and iOS requirement (13.0 vs 16.0). Phoenix Wallet's advantage is ratings volume (75 vs 19). On price, update cadence, ads and in-app purchases there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
Bisq holds the better App Store score, 4.5 against 4.2. Both are backed by a comparable volume of ratings — 19 and 75 respectively. Written reviews point the same way: 67% of Bisq's written reviews are positive against 57% of Phoenix Wallet's.
Bisq ships an update every 2 months, Phoenix Wallet monthly. The most recent releases landed on October 24, 2026 and October 21, 2026 respectively.
| Parameter | Bisq | Phoenix Wallet |
|---|---|---|
| Price | Free | Free |
| Rating | 4.5 (19 ratings) — better | 4.2 (75 ratings) |
| Positive reviews | 66.7% of reviews — better | 57.1% of reviews |
| Number of ratings | 19 | 75 — better |
| Update frequency | Every 2 months | Monthly — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | Free |
| Devices | iPhone, iPad, iPod — better | iPhone, iPad |
| Requires iOS | 13.0 — better | 16.0 |
| Further details — not scored | ||
| Size | 2 MB | 61 MB |
| Age rating | 4+ | 4+ |
| Developer | Devin Bileck | ACINQ |
Customer experience
Bisq
Phoenix Wallet
Bugs and requests
Bisq
Not enough reviews yet to summarise bugs or requests.
Phoenix Wallet
Reported bugs
18 issues- Money not reflecting in account
- Crypto locked in wallet
- Bitcoin sent without user action
- App not opening on iOS
- Funds never arrived after transaction
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- 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
Requested features
7 requests- Add LN Address
- Show preimage in detail
- Add Portuguese language
- Add CZK fiat currency
- Option to connect via TOR on iOS
Show 2 moreShow fewer
- Ability to open own channels
- QR code receiving for bleskomat
In-app purchases
Bisq
No in-app purchases
Phoenix Wallet
No in-app purchases
Questions
Is Bisq free?
Is Phoenix Wallet free?
Which has better reviews, Bisq or Phoenix Wallet?
Do Bisq or Phoenix Wallet have ads?
Which is updated more often, Bisq or Phoenix Wallet?
Other comparisons
