{"license":"CC-BY-4.0","licenseUrl":"https://creativecommons.org/licenses/by/4.0/","attribution":"ChainChoice (https://chainchoice.io)","category":"lightning_wallets","evidenceReadAt":"2026-09-30","generatedAt":"2026-11-12","criteria":[{"id":"custody_of_balance","label":"Custody of the spending balance","weight":30},{"id":"inbound_capacity","label":"Inbound capacity and how it is provisioned","weight":26},{"id":"exit_to_chain","label":"The exit to the base chain and what it costs","weight":24},{"id":"recovery_and_failure","label":"What a backup restores, and where a failed payment goes","weight":20}],"providers":{"phoenix":{"custody_of_balance":{"s":10,"q":"It is not a custodial wallet either, you are in full control of your funds. | If ACINQ (or even the whole Lightning Network) completely disappears overnight, your funds will still be safe, but you won't be able to make any payments.","u":"https://phoenix.acinq.co/content/faq-2-trustnprivacy.md","d":"2026-09-30"},"inbound_capacity":{"s":9,"q":"It is the amount that you can receive within your existing channel, without incurring any fee. | After a year, the channel will simply revert to default behavior, which is that part or all of the unused liquidity may be claimed back anytime by your counterparty (ACINQ).","u":"https://phoenix.acinq.co/content/faq-3-lightning.md","d":"2026-09-30"},"exit_to_chain":{"s":9,"q":"The wallet is able to splice funds out of their channels and send these funds to an on-chain Bitcoin address. The wallet may use a feerate of his choosing for this operation.","u":"https://phoenix.acinq.co/content/terms.md","d":"2026-09-30"},"recovery_and_failure":{"s":9,"q":"You'll need the wallet recovery phrase, a.k.a \"seed\", made of 12 English words. | On iOS, unless you've disabled iCloud backup, your payments history is automatically restored. | Export your payments database from your old phone (Settings > Payments history > Export > Export database).","u":"https://phoenix.acinq.co/content/faq-5-restoring.md","d":"2026-09-30"}},"zeus":{"custody_of_balance":{"s":9,"q":"Who holds the private keys? A third party (exchange, service provider) You | Who controls the coins? The custodian (you rely on them to act honestly) You (only you can move the coins)","u":"https://docs.zeusln.app/self-custody","d":"2026-09-30"},"inbound_capacity":{"s":9,"q":"Our 0-conf channel service currently charges the following fees, in low fee environments: | New Channel Open (up to 1m sats) | 10,000 sats | New Channel Open (1m - 5m sats) | Wrapped invoices without channel opens | In high fee environments, channel open fees will vary based on block space demand.","u":"https://docs.zeusln.app/lsp/fees","d":"2026-09-30"},"exit_to_chain":{"s":4,"q":"Mutually closed channels : Return to on-chain balance once confirmed (usually 10-20 minutes) | Force closed channels : Can take up to 2 weeks depending on the channel's CSV delay settings | Set appropriate fees : Higher fees result in faster confirmations.","u":"https://docs.zeusln.app/for-users/using-zeus/pending-balances","d":"2026-09-30"},"recovery_and_failure":{"s":10,"q":"The seed phrase alone will be insufficient to recover all your balances if you have open or pending closing channels. | ZEUS will automatically back up your disaster recovery data to our OLYMPUS servers by default. They are encrypted using your 24 word seed phrase, so we are unable to read them.","u":"https://docs.zeusln.app/for-users/local-wallets/embedded-lnd/backup-and-recovery","d":"2026-09-30"}},"alby_hub":{"custody_of_balance":{"s":9,"q":"If you use Alby Hub on top of Umbrel, Start9 and any other external lightning node backend, you'll receive your backup seed phrase from that lightning backend directly. | Alby Hub contains a bitcoin onchain wallet and a lightning wallet secured by private keys. Only you have access to these keys.","u":"https://guides.getalby.com/user-guide/alby-hub/faq/how-can-i-backup-my-keys","d":"2026-09-30"},"inbound_capacity":{"s":8,"q":"Just-In-Time (JIT) lightning channels are on-demand payment channels opened by a Lightning Service Provider (LSP). | For this service, the LSP charges a small fee, which is displayed on the Receive screen in Alby Hub whenever a JIT channel is required.","u":"https://guides.getalby.com/user-guide/alby-hub/faq/what-are-just-in-time-channels","d":"2026-09-30"},"exit_to_chain":{"s":9,"q":"It may take up to 6 blockchain confirmations, or about an hour, to be fully closed. | The channel will take up to 15 days to close, this is a failsafe to avoid cheating.","u":"https://guides.getalby.com/user-guide/alby-hub/faq/how-can-i-close-a-channel-what-happens-to-the-bitcoin-in-this-channel","d":"2026-09-30"},"recovery_and_failure":{"s":9,"q":"Your Lightning Balance data is securely encrypted using your 12-word recovery phrase and is dynamically updated in your Alby account. | Backup: Alby stores a static channel backup automatically in your Alby account. | It asks your channel partners to force-close the channels to your node.","u":"https://guides.getalby.com/user-guide/alby-hub/backups-and-recover","d":"2026-09-30"}},"bitkit":{"custody_of_balance":{"s":9,"q":"Lightning Service Providers are not custodians. | LSPs don't control your keys and are only capable of closing the channel they've opened, which causes your funds to go back on-chain. | Self-custodial wallets such as Bitkit have Lightning nodes running inside of them, while custodial wallets don't","u":"https://help.bitkit.to/hc/help-center/articles/1702668676-are-lightning-service-providers-custodians","d":"2026-09-30"},"inbound_capacity":{"s":9,"q":"Final Fee Formula: Mining Fee + LSP Balance * 1% * Lease Duration in weeks / 53 | Default Amount : For any new standard channel opening, the default LSP balance is 450 euros. | Maximum : The maximum Channel size is 950 euros, considering already opened channels.","u":"https://bitkit.to/fees","d":"2026-09-30"},"exit_to_chain":{"s":9,"q":"At any time, subject to outages, downtime, and other applicable policies, you may withdraw your Supported Assets by sending it to a different blockchain address.","u":"https://bitkit.to/terms-of-use","d":"2026-09-30"},"recovery_and_failure":{"s":8,"q":"With your backups at hand, accept the Terms of Use and Privacy Policy, click on Skip intro, and Restore. | You can also restore your Bitkit wallet in any wallet that supports BIP 39.","u":"https://help.bitkit.to/hc/help-center/articles/1702498810-how-can-i-restore-my-wallet","d":"2026-09-30"}},"muun":{"custody_of_balance":{"s":9,"q":"Muun Wallet Inc., a company incorporated in the Cayman Islands (\"Muun\" and/or \"We\"), provides a self-custodial wallet software for bitcoin and lightning | Muun is a self-custodial wallet. We don't hold your bitcoin and We don't control the Bitcoin or Lightning networks.","u":"https://muun.com/terms_and_conditions.html","d":"2026-09-30"},"inbound_capacity":{"s":8,"q":"Sometimes, the opening of a channel happens at the moment of the payment itself. | When transactions require the use of turbo channels, there is a limited window of time where you trust Muun.","u":"https://blog.muun.com/turbo-channels/","d":"2026-09-30"},"exit_to_chain":{"s":10,"q":"You can use this Recovery Tool to transfer all funds out of your Muun account to an address of your choosing. | This process requires no collaboration from Muun to work","u":"https://github.com/muun/recovery","d":"2026-09-30"},"recovery_and_failure":{"s":9,"q":"Muun is a multisig wallet with lightning support, so backing up a mnemonic alone would mean your bitcoin could be easily frozen.","u":"https://blog.muun.com/why-not-just-a-mnemonic/","d":"2026-09-30"}},"aqua":{"custody_of_balance":{"s":8,"q":"AQUA is a non-custodial Bitcoin and stablecoin wallet built for speed, privacy, and simplicity. | You hold your own keys, and no signup or KYC is required. | AQUA is built by JAN3 and powered by the Liquid Network.","u":"https://jan3.zendesk.com/hc/en-us/articles/36037213311515-What-is-AQUA","d":"2026-09-30"},"inbound_capacity":{"s":9,"q":"AQUA coordinates Boltz non-custodial atomic swaps behind the scenes so incoming Lightning payments arrive as L-BTC directly in your wallet. | The minimum you can send or receive over Lightning is 100 Sats.","u":"https://jan3.zendesk.com/hc/en-us/articles/51320692448411-What-are-Lightning-Addresses-in-Aqua","d":"2026-09-30"},"exit_to_chain":{"s":8,"q":"Peg-outs are processed after 2 Liquid confirmations and usually complete within 15–60 minutes, depending on Bitcoin confirmation times.","u":"https://jan3.zendesk.com/hc/en-us/articles/42481648973851-How-long-do-Peg-ins-and-Peg-outs-take-to-complete","d":"2026-09-30"},"recovery_and_failure":{"s":9,"q":"This seed phrase lets you recover both bitcoin (BTC) and Liquid assets like L-BTC and Liquid USDT. | If AQUA ever disappears, your money is still safe. | Bitcoin: BIP84 | Liquid: BIP49 | You can also restore your AQUA seed phrase in other wallets including Blockstream App and Electrum.","u":"https://jan3.zendesk.com/hc/en-us/articles/26577770513179-Your-seed-phrase-what-it-is-and-how-It-works-in-AQUA","d":"2026-09-30"}},"misty_breez":{"custody_of_balance":{"s":6,"q":"Self-custodial: keys are only held by users","u":"https://raw.githubusercontent.com/breez/misty-breez/main/README.md","d":"2026-09-30"},"inbound_capacity":{"s":2,"q":"Receive payments even when the app is offline (requires notifications) | No channel management","u":"https://raw.githubusercontent.com/breez/misty-breez/main/README.md","d":"2026-09-30"},"exit_to_chain":{"s":3,"q":"The service Misty Breez relies on is no longer available. As a result, on-chain and Lightning payments cannot be made in the app. To mitigate this, we added the ability to send and receive with a Liquid address.","u":"https://breez.technology/misty/","d":"2026-09-30"},"recovery_and_failure":{"s":4,"q":"You will be shown a list of words. Write down the words and store them in a safe place. Without these words, you won't be able to restore from backup and your funds will be lost. | Enter your backup phrase {number}/{total}","u":"https://raw.githubusercontent.com/breez/Breez-Translations/86d0d7e1c871a4ede69d867313d796089c956385/lib/app_en.arb","d":"2026-09-30"}},"blink-lightning":{"custody_of_balance":{"s":10,"q":"Blink operates in two modes, and how your funds are stored depends on which mode you use. | Your funds are stored using a geographically distributed multisig cold storage system in independent, asymmetric jurisdictions.","u":"https://faq.blink.sv/custody-and-security/how-is-my-money-stored-in-blink","d":"2026-09-30"},"inbound_capacity":{"s":9,"q":"When you receive a Lightning transaction in your Bitcoin wallet in Blink, there is no fee charged to you by Blink. | When you receive an on-chain transaction in your Bitcoin wallet in Blink, a tiered fixed fee applies | Note that on-chain deposits must exceed a minimum amount (the dust threshold…","u":"https://faq.blink.sv/transaction-fees/what-are-the-fees-for-receiving-bitcoin-in-my-blink-wallet","d":"2026-09-30"},"exit_to_chain":{"s":9,"q":"At 1 sat/vB this asked for 78,573 sats to exit all 22 leaves. Nearly 79% of the wallet balance in fees. | Bottom line: 89,668 of 100,000 sats (~90%) reach the destination. | make sweep builds and signs one-input Taproot key-path spends from the refund outputs to any destination address","u":"https://www.blink.sv/blog/case-study-spark-unilateral-exit-on-bitcoin-mainnet","d":"2026-09-30"},"recovery_and_failure":{"s":9,"q":"Password recovery restores access to the Blink account; it does not restore access to Non-Custodial Mode funds, which require the Backup Phrase.","u":"https://www.blink.sv/en/terms-conditions","d":"2026-09-30"}},"wallet_of_satoshi":{"custody_of_balance":{"s":8,"q":"Self-custody means you hold the keys to your Bitcoin. | No one else (not even us) can move or recover your Bitcoin","u":"https://support.walletofsatoshi.com/en/support/solutions/articles/36000578784-what-is-self-custody-and-how-is-it-different-from-classic-wallet-of-satoshi-","d":"2026-09-30"},"inbound_capacity":{"s":9,"q":"Wallet of Satoshi charges no fees for transactions sent or received via the Lightning network. | Most transactions sent from WoS users have zero fees since we run very well-connected nodes.","u":"https://support.walletofsatoshi.com/en/support/solutions/articles/36000484923-what-are-the-fees-for-lightning-transactions-","d":"2026-09-30"},"exit_to_chain":{"s":6,"q":"For self-custody on-chain payments, a fee of 1.95% applies, plus the miner fee payable to the Bitcoin network, which is passed through at cost and varies with network conditions. | The minimum permissible send amount on-chain is 0.00003 BTC, exclusive of fees.","u":"https://www.walletofsatoshi.com/disclosure","d":"2026-09-30"},"recovery_and_failure":{"s":7,"q":"1. Restore from Google Drive Backup | 2. Restore with 12-Word Seed Phrase | If you encrypted the backup with a password, you’ll be asked to enter it to unlock the wallet | Verify your balances are correct","u":"https://support.walletofsatoshi.com/en/support/solutions/articles/36000579013-how-to-restore-your-self-custody-wallet-from-a-backup","d":"2026-09-30"}},"cash_app":{"custody_of_balance":{"s":9,"q":"All Virtual Currency held in your Virtual Currency Account are custodial assets held by us for your benefit. Title to all Virtual Currency in your Virtual Currency Account shall at all times remain with you and shall not transfer to us.","u":"https://cash.app/us/en/legal/tos","d":"2026-09-30"},"inbound_capacity":{"s":8,"q":"Eligible customers can choose to receive eligible Lightning payments as dollars instead of bitcoin. | A 0.9% service fee applies and is deducted from the amount received. | This applies to eligible Lightning payment requests created after you turn the setting on.","u":"https://cash.app/help/us/en-us/6506-bitcoin-lightning","d":"2026-09-30"},"exit_to_chain":{"s":8,"q":"Priority - 10 minutes or less | Pro Rata fee* + an additional fee of up to $3 | Rush - 2 hours or less | Standard - 24 hours or less | (minimum withdrawal of ₿100,000)","u":"https://cash.app/help/us/en-us/3103-bitcoin-fees","d":"2026-09-30"},"recovery_and_failure":{"s":7,"q":"Log out of the current account to get back to the login screen | Select “I need help logging in” | Choose how we should look up your account | Complete any of the prompts to confirm and verify your account","u":"https://cash.app/help/us/en-us/3130-access-old-account","d":"2026-09-30"}},"primal":{"custody_of_balance":{"s":8,"q":"Support for the old custodial wallet will be discontinued on April 30, 2026. | The new Primal wallet is built on the Spark network technology. For more information, you can visit: https://spark.money | Primal does not have access to the funds in your wallet.","u":"https://raw.githubusercontent.com/PrimalHQ/primal-android-app/main/app/src/main/res/values/strings.xml","d":"2026-09-30"},"inbound_capacity":{"s":2,"q":"Yes. Just like with the old custodial wallet, the new Primal wallet enables users to send and receive lightning and on-chain bitcoin transactions. | Receive via Lightning","u":"https://raw.githubusercontent.com/PrimalHQ/primal-android-app/main/app/src/main/res/values/strings.xml","d":"2026-09-30"},"exit_to_chain":{"s":4,"q":"Transaction fees for incoming and outgoing payments within your Primal Wallet are a combination of bitcoin network fees, fees charged by Primal's affiliates (if any), and fees charged by Primal (if any). Transaction fee policy is subject to change without notice.","u":"https://primal.net/terms","d":"2026-09-30"},"recovery_and_failure":{"s":4,"q":"This is your wallet recovery phrase. To backup your wallet, simply write these words down in the correct order. | Enter your wallet recovery phrase | We support recovery of any existing bitcoin wallet on the network. Recovery phrases are 12 to 24 words long.","u":"https://raw.githubusercontent.com/PrimalHQ/primal-android-app/main/app/src/main/res/values/strings.xml","d":"2026-09-30"}},"speed":{"custody_of_balance":{"s":8,"q":"Speed itself does not custody user crypto assets; custody is provided by CoinX or its contracted custodians under applicable regulatory frameworks. | CoinX may hold crypto assets in omnibus wallets, custodial partners, or segregated ledger-based accounts depending on the type of service.","u":"https://www.speed.app/terms","d":"2026-09-30"},"inbound_capacity":{"s":7,"q":"You can share this BTC Lightning Address to receive BTC funds via the Lightning payment method.","u":"https://help.speed.app/help/receive-payments/where-can-i-locate-the-btc-ln-invoice-ln-address-or-the-on-chain-address","d":"2026-09-30"},"exit_to_chain":{"s":4,"q":"In case you want to withdraw your balance, you can send your Speed wallet balance to another account.","u":"https://help.speed.app/help/balance-and-transactions/balances/how-do-i-withdraw-my-balance","d":"2026-09-30"},"recovery_and_failure":{"s":4,"q":"Please click on Forgot password from the login screen when you are entering password. | You'll receive an email containing the password reset link. | Confirm the newly selected password, and your password will be successfully modified.","u":"https://help.speed.app/help/get-started/install-and-register/how-can-i-reset-my-password","d":"2026-09-30"}},"coinos":{"custody_of_balance":{"s":7,"q":"Choose account type | Your balance is held with a custodian. Payments are fast and free. | You hold the keys to the account and are responsible for safeguarding them.","u":"https://coinos.io/account/setup","d":"2026-09-30"},"inbound_capacity":{"s":9,"q":"What does it cost? | Receiving payments is free. Sending to other Coinos accounts is free. Withdrawals to external wallets are free if you use the same network you received on, otherwise there's a 0.4% fee for Bitcoin or 0.1% for Lightning or Liquid.","u":"https://coinos.io/","d":"2026-09-30"},"exit_to_chain":{"s":6,"q":"You always have the option of taking custody of your funds by withdrawing instantly at any time. | Withdrawals to external wallets are free if you use the same network you received on, otherwise there's a 0.4% fee for Bitcoin or 0.1% for Lightning or Liquid.","u":"https://coinos.io/","d":"2026-09-30"},"recovery_and_failure":{"s":7,"q":"This 12 word seed phrase is used to derive your nostr private key and your self-custodial wallet keys which determine your auto-withdrawal addresses. | We debit the full amount while attempting the payment but credit back any unused portion.","u":"https://raw.githubusercontent.com/coinos/coinos-ui/master/src/locales/en.json","d":"2026-09-30"}}}}