Cake Wallet vs OKX Wallet

Cake Wallet4.3/5

VS

OKX Wallet3.7/5

Feature	Cake WalletVisit	OKX WalletVisit
Ratings
Our score	4.3/5	3.7/5
User rating	No reviews yet	No reviews yet
Security	4.5	3.5
Ease of use	4.0	3.5
Chain support	4.0	4.5
Features	4.0	4.5
Privacy	5.0	2.5
Specs
KYC required	No	Not disclosed
Wallet type	Mobile, Desktop	Mobile, Browser extension, Web
Custody	Self-custodial	Self-custodial
Chains	Bitcoin, Ethereum, Solana, Arbitrum, Base, Polygon, BNB Chain, Tron, Other	Ethereum, Solana, BNB Chain, Base, Other
Platforms	iOS, Android, macOS, Linux	iOS, Android, Chrome
Open source	Yes	Yes
Hardware wallet support	Yes	Not disclosed
In-app swaps	Yes	Yes
Staking	Not disclosed	Yes
NFT support	Not disclosed	Yes
Buy crypto in app	Yes	Not disclosed
WalletConnect	Not disclosed	Yes
Security features	PIN protection, Encrypted backups, Tor routing, Bitcoin Silent Payments, Coin control, Replace-by-Fee	Seed phrase, Private key control, Biometric authentication, Encryption, Malicious-domain protection, Malicious-smart-contract protection
Recovery without a seed phrase	No	Not disclosed
Built-in dApp browser	No	Yes
Perpetuals trading	No	Not disclosed
Company
Founded	2018	2013
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	Supports more than 130 native chains Self-custodial control of private keys and seed phrase Routes swaps across 100+ liquidity pools Available on web, iOS, Android and Chrome
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 seed-phrase loss and phishing risk Swap costs can include network gas and price impact Browser extension adds smart-contract and malicious-site exposure OKEx suspended withdrawals during the October 2020 investigation
Best for	Monero and privacy-focused asset holders, Users routing transactions through Tor, Mobile users pairing hardware wallets	Multichain asset management, DEX and DApp users, Onchain market monitoring

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