Phoenix Wallet vs Bitkit
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
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
Read full descriptionHide full description
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.
Bitkit
This app provides a self-custodial Bitcoin wallet, enabling users to manage their funds, make instant payments globally, and control their digital assets. It offers features like a built-in Lightning node and customizable transaction fees for enhanced financial freedom.
- Self-custodial Bitcoin wallet
- Instant global payments
- Built-in Lightning node
- Customizable transaction fees
- Portable user profiles
- Open-source code
Read full descriptionHide full description
Bitkit is a simple, yet powerful self-custodial wallet, powering Bitcoin payments to anyone, anywhere, any time. WHY BITKIT? - FINANCIAL FREEDOM: Bitkit hands you the keys to manage your money. Spend now or save for later. - INSTANT PAYMENTS: Send bitcoin faster than ever. Enjoy instant transactions with friends, family, and merchants. - BORDERLESS BITCOINERS: Take charge of your digital life with portable profiles and payable contacts. - LIVE WIDGETS: Add fun and utility to your wallet home screen with engaging widgets. SIMPLE, YET POWERFUL - SELF-CUSTODY: Import your 12-word seed phrase into any wallet to restore your savings balance. - LIGHTNING NODE: Bitkit powers a network node on your phone. Pay instantly from your own pocket. - BOOST PAYMENTS: Choose your network fee, boost transactions for faster confirmations. - COIN CONTROL: Manage your privacy by selecting which coins to spend on each transaction. - OPEN-SOURCE: The code is available for auditing and contributions. WHY SELF-CUSTODY? - BE YOUR OWN BANK: Bitcoin empowers you to take control of your money. Don't entrust this responsibility to a third party. - AVOID COUNTERPARTY RISK: Exchanges and custodians have lost hundreds of thousands of BTCs due to hacks, mismanagement and fraud. - PERMISSIONLESS: Pay anyone without asking custodians for permission.
Screenshots
Verdict
The clearest difference is review sentiment: Bitkit at 100% against Phoenix Wallet's 57%. Phoenix Wallet's advantage is rating (4.2 vs 3.4) and ratings volume (75 vs 10). 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.
Phoenix Wallet holds the better App Store score, 4.2 against 3.4. That said, the two scores are not equally well evidenced: Phoenix Wallet has 75 ratings behind it against 10, so its average is the more settled of the two. Written reviews complicate that: 57% of Phoenix Wallet's written reviews are positive against 100% of Bitkit's, so the app with the better star average is not the one people write more warmly about.
Phoenix Wallet ships an update monthly, Bitkit every 3 weeks. The most recent releases landed on September 9, 2026 and September 5, 2026 respectively.
| Parameter | Phoenix Wallet | Bitkit |
|---|---|---|
| Price | Free | Free |
| Rating | 4.2 (75 ratings) — better | 3.4 (10 ratings) |
| Positive reviews | 57.1% of reviews | 100.0% of reviews — better |
| Number of ratings | 75 — better | 10 |
| Update frequency | Monthly | Every 3 weeks — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | Free |
| Devices | iPhone, iPad — better | iPhone |
| Requires iOS | 16.0 — better | 17.0 |
| Further details — not scored | ||
| Size | 60 MB | 130 MB |
| Age rating | 4+ | 4+ |
| Developer | ACINQ | Synonym Software Ltd |
Customer experience
Phoenix Wallet
Bitkit
Bugs and 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
Show 13 moreShow fewer
- 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
Bitkit
Not enough reviews yet to summarise bugs or requests.
In-app purchases
Phoenix Wallet
No in-app purchases
Bitkit
No in-app purchases
