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Cake Wallet vs Chivo Wallet

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

Cake Wallet4.3/5
VS
Chivo Wallet2.8/5
Feature
Cake WalletVisit
Chivo WalletVisit
Ratings
Our score4.3/52.8/5
User ratingNo reviews yetNo reviews yet
Security4.53.0
Ease of use4.03.0
Chain support4.02.5
Features4.03.0
Privacy5.02.5
Specs
KYC required NoNot disclosed
Wallet typeMobile, DesktopMobile
CustodySelf-custodialCustodial
ChainsBitcoin, Ethereum, Solana, Arbitrum, Base, Polygon, BNB Chain, Tron, OtherBitcoin
PlatformsiOS, Android, macOS, LinuxNot disclosed
Open source YesNot disclosed
Hardware wallet support YesNot disclosed
In-app swaps YesNot disclosed
Buy crypto in app Yes Yes
Security featuresPIN protection, Encrypted backups, Tor routing, Bitcoin Silent Payments, Coin control, Replace-by-FeeUser-data protection
Recovery without a seed phrase NoNot disclosed
Built-in dApp browser NoNot disclosed
Perpetuals trading NoNot disclosed
Company
Founded2018—
Headquarters——
InvestorsNot disclosedLinguard Labs
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
  • Native support for Bitcoin and US dollars
  • Planned microloans and cash advances based on users' income, payment and spending history
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
  • Custodial architecture means users do not control private keys
  • Service availability is focused primarily on Salvadoran residents and merchants
Best forMonero and privacy-focused asset holders, Users routing transactions through Tor, Mobile users pairing hardware walletsSalvadoran residents transacting daily, Merchants accepting Bitcoin and dollars, Users needing microloans via wallet activity

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

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