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Phoenix Wallet vs Valet: catalog facts
Phoenix Wallet	Valet
Best for: Self-custodial Lightning wallet from the team behind the Eclair node	Best for: Bitcoin users who want a self-custodial Lightning wallet on Android
Free Free and open source.	Free Free and open source under the Apache-2.0 licence.
Android, iOS	Android
Built by an established Lightning Network implementation team Handles Lightning channel management automatically for the user	Runs an actual Lightning node rather than a custodial backend Keys stay on the device, encrypted at rest All 4 strengths for Valet Runs an actual Lightning node rather than a custodial backend Keys stay on the device, encrypted at rest Stable sats for holding a dollar-like balance Available from F-Droid and GitHub
Mobile only, no desktop client Self-custodial model means lost recovery phrases cannot be reversed	Managing your own channels and backups takes more care than custodial wallets Android only
Downloadable app	Downloadable app
Open source	Open source
License not stated	License: Apache-2.0
Not stated if an account is needed	No account needed
Not stated if it works offline	Not stated if it works offline
Official website Full listing and sources Sources for Phoenix Wallet phoenix.acinq.co play.google.com/store/apps/details apps.apple.com/us/app/phoenix-wallet/id1544097028 Catalog checked September 22, 2026	Official website Full listing and sources Sources for Valet valet.finance Catalog checked October 2, 2026

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