Cake Wallet vs Coin Wallet

Cake Wallet4.3/5

VS

Coin Wallet3.8/5

Feature	Cake WalletVisit	Coin WalletVisit
Ratings
Our score	4.3/5	3.8/5
User rating	No reviews yet	No reviews yet
Security	4.5	3.5
Ease of use	4.0	4.0
Chain support	4.0	4.5
Features	4.0	3.5
Privacy	5.0	3.5
Specs
KYC required	No	Not disclosed
Wallet type	Mobile, Desktop	Mobile, Desktop, Web
Custody	Self-custodial	Self-custodial
Chains	Bitcoin, Ethereum, Solana, Arbitrum, Base, Polygon, BNB Chain, Tron, Other	Ethereum, Bitcoin, Solana, BNB Chain, Arbitrum, Polygon, Avalanche, Sui, TON, Tron, Other
Platforms	iOS, Android, macOS, Linux	Not disclosed
Open source	Yes	Yes
Hardware wallet support	Yes	Not disclosed
In-app swaps	Yes	Yes
Buy crypto in app	Yes	Yes
Security features	PIN protection, Encrypted backups, Tor routing, Bitcoin Silent Payments, Coin control, Replace-by-Fee	Not disclosed
Recovery without a seed phrase	No	No
Built-in dApp browser	No	Not disclosed
Perpetuals trading	No	No
Company
Founded	2018	—
Headquarters	—	United States
Investors	Not disclosed	Not disclosed
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	Open-source client repositories maintained publicly on GitHub Self-custodial support for privacy networks including Monero Active continuous operations and domain history since 2015 No identity verification required for standard on-chain transactions
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	AURUM card usage incurs a 2% top-up fee plus 1.5% per transaction Virtual debit card features require completing a KYC check Network support can be discontinued, such as the March 2026 EOS delisting
Best for	Monero and privacy-focused asset holders, Users routing transactions through Tor, Mobile users pairing hardware wallets	Monero and Bitcoin self-custody holders, Users needing a browser-accessible non-custodial wallet, USDT holders spending via mobile wallets

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