Phoenix is a great lightning wallet, I use it all the time even though I have my own node.
I still use Zeus with my own node when I’m not in a rush but with the DDoS attack on the Tor network this can be painfully slow at times.
Phoenix is a non-custodial lightning wallet that actually runs a node on your phone. ACINQ, the company that provide the wallet, manage the channels and you only have channels to them. The main tradeoff here is they also manage the routing for you which has many advantages and make this wallet so usable but they know where you are sending sats to.
They are very open about this and the other trade-offs, see link below
What I like to do with these Hot wallets is treat them as disposable wallets, use them for a few months, clear them out and bin them. Delete them from the phone and start again as a new wallet and new identity.
Phoenix is way better than WoS as you control the keys but always keep your main stash in cold storage. That said, WoS is just so easy for newcomers so it will be popular
