Cake Wallet vs Exodus

Cake Wallet4.3/5

VS

Exodus4.0/5

Feature	Cake WalletVisit	ExodusVisit
Ratings
Our score	4.3/5	4.0/5
User rating	No reviews yet	No reviews yet
Security	4.5	3.5
Ease of use	4.0	4.5
Chain support	4.0	4.0
Features	4.0	4.5
Privacy	5.0	4.0
Specs
KYC required	No	No
Wallet type	Mobile, Desktop	Mobile, Desktop, Browser extension
Custody	Self-custodial	Self-custodial
Chains	Bitcoin, Ethereum, Solana, Arbitrum, Base, Polygon, BNB Chain, Tron, Other	Bitcoin, Ethereum, Solana, Other
Platforms	iOS, Android, macOS, Linux	Windows, macOS, Linux, iOS, Android, Chrome
Open source	Yes	Not disclosed
Hardware wallet support	Yes	Yes
In-app swaps	Yes	Yes
Staking	Not disclosed	Yes
Buy crypto in app	Yes	Yes
Security features	PIN protection, Encrypted backups, Tor routing, Bitcoin Silent Payments, Coin control, Replace-by-Fee	Device-based passkeys, Wallet encryption, Recovery phrase, Ledger support, Trezor support
Recovery without a seed phrase	No	No
Passkey login	Not disclosed	Yes
Built-in dApp browser	No	Not disclosed
Swap fee	Not disclosed	0.5%
Perpetuals trading	No	Not disclosed
Company
Founded	2018	2015
Headquarters	—	United States
Investors	Not disclosed	Public equity investors
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	Self-custodial control across desktop and mobile devices Supports 1,000,000+ assets Ledger and Trezor hardware-wallet support Swap rates start at 0.5%
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	Users bear responsibility for recovery-phrase security Swap rates start at 0.5%, before blockchain network fees Card and payment services depend on third-party providers Staking rewards vary by supported cryptocurrency
Best for	Monero and privacy-focused asset holders, Users routing transactions through Tor, Mobile users pairing hardware wallets	Multi-device crypto holders, Hardware-wallet users, Users swapping multiple assets

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