Cake Wallet vs Casa

How Cake Wallet vs Casa compare on our ratings, wallet specs, funding, pros and cons.

VS
Casa3.5/5
Feature
Ratings
Our score4.3/53.5/5
User ratingNo reviews yetNo reviews yet
Security4.54.5
Ease of use4.04.0
Chain support4.01.5
Features4.03.5
Privacy5.03.5
Specs
KYC required No No
Wallet typeMobile, DesktopMobile
CustodySelf-custodialSelf-custodial
ChainsBitcoin, Ethereum, Solana, Arbitrum, Base, Polygon, BNB Chain, Tron, OtherBitcoin, Ethereum
PlatformsiOS, Android, macOS, LinuxiOS, Android
Open source YesNot disclosed
Hardware wallet support Yes Yes
In-app swaps YesNot disclosed
StakingNot disclosed No
Buy crypto in app Yes Yes
Security featuresPIN protection, Encrypted backups, Tor routing, Bitcoin Silent Payments, Coin control, Replace-by-FeeMultisig, Hardware wallet support, Emergency lockdown, Sovereign recovery, Inheritance planning, Video verification
Recovery without a seed phrase No Yes
MultisigNot disclosed Yes
Built-in dApp browser No No
Perpetuals trading No No
Company
Founded20182018
Headquarters—United States
InvestorsNot disclosedStillmark, Boost VC, Compound VC, Lerer Hippeau
Strengths and weaknesses
Pros
  • Fully open source under the MIT license
  • Self-custodial design requires no user account creation or identity verification
  • Built-in Tor routing conceals IP addresses when broadcasting transactions
  • Integrates hardware signing devices alongside an air-gapped phone signing option
  • Eliminates single seed-phrase points of failure through threshold multi-device signing
  • Casa cannot move user funds unilaterally because it holds at most one key
  • Hardware wallet diversity prevents single-vendor firmware supply chain compromises
  • Integrated inheritance setup allows heirs to recover assets without seed technicalities
Cons
  • Native in-app bridging is restricted to USDT across Ethereum, Polygon, and Arbitrum
  • In-app exchange rates and fiat purchases carry external third-party provider fees
  • Fee customization and bumping tools are unavailable on Solana, Tron, and Arbitrum
  • Requires users to manage seed phrase backups without automated social recovery
  • Requires ongoing paid subscriptions starting at $250 per year
  • Supports only Bitcoin, Ethereum, and stablecoins rather than broad crypto ecosystems
  • Lacks in-app decentralized finance tools, cross-chain swaps, and dApp browsing
  • Recovery using Casa's co-signing key depends on active platform account status
Best forMonero and privacy-focused asset holders, Users routing transactions through Tor, Mobile users pairing hardware walletsLong-term Bitcoin and Ethereum holders, Estates needing guided crypto inheritance, Organizations managing collaborative multi-key treasuries

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