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Phoenix Wallet vs Envoy: catalog facts
Phoenix WalletEnvoy

Best for: Self-custodial Lightning wallet from the team behind the Eclair node

Best for: Bitcoin holders who want simple self-custody, especially Passport owners

Free

Free and open source.

Free

Free app; the Passport hardware wallet is sold separately.

Android, iOS Android, iOS
  • Built by an established Lightning Network implementation team
  • Handles Lightning channel management automatically for the user
  • Self-custody with no personal details needed
  • End-to-end encrypted Magic Backups
All 4 strengths for Envoy
  • Self-custody with no personal details needed
  • End-to-end encrypted Magic Backups
  • Hot and cold accounts in one app
  • Open source
  • Mobile only, no desktop client
  • Self-custodial model means lost recovery phrases cannot be reversed
  • Bitcoin only
  • Cold-storage features need a Passport device
Downloadable app Downloadable app
Open source Open source
License not stated License not stated
Not stated if an account is needed No account needed
Not stated if it works offline Not stated if it works offline
Sources for Phoenix Wallet

Catalog checked September 22, 2026

Sources for Envoy

Catalog checked October 1, 2026

“Not stated” means we have not confirmed it. Features can vary by device and plan.