Overview

Phoenix Wallet is a safe method for using Bitcoin if you are not using a hardware wallet or a "multisignature" custody setup.

• The wallet is open-source and has been reviewed independently to make sure there is no malware or backdoor.

• The developers cannot have access to your Bitcoin wallet.

• The private keys that control the Bitcoin are encrypted on your phone. To spend money, you must decrypt your device with your biometrics.

• Phoenix Wallet protects you well against non-hacker people that gain access to your phone.

• Phoenix Wallet is more vulnerable to malware and hackers than hardware wallets.

• Phoenix Wallet lets you create backups easily and securely which let you recover access to your money if your phone is damaged, lost or stolen.

• See their Codebase

• Additional Documentation

• Telegram support group