Cake Wallet vs Opera

Cake Wallet4.3/5

VS

Opera3.4/5

Feature	Cake WalletVisit	OperaVisit
Ratings
Our score	4.3/5	3.4/5
User rating	No reviews yet	No reviews yet
Security	4.5	3.5
Ease of use	4.0	4.0
Chain support	4.0	3.0
Features	4.0	3.0
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, Other
Platforms	iOS, Android, macOS, Linux	iOS, Android, Windows, macOS, Linux
Open source	Yes	No
Hardware wallet support	Yes	Not disclosed
In-app swaps	Yes	Not disclosed
Buy crypto in app	Yes	Not disclosed
Security features	PIN protection, Encrypted backups, Tor routing, Bitcoin Silent Payments, Coin control, Replace-by-Fee	Not disclosed
Recovery without a seed phrase	No	Not disclosed
Built-in dApp browser	No	Yes
Perpetuals trading	No	Not disclosed
Company
Founded	2018	1995
Headquarters	—	Norway
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	Self-custodial model keeps wallet control with the user Built into Opera browsers across desktop and mobile platforms Supports Celo and Gnosis MiniPay adds mobile stablecoin payments and transfers
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	Self-custody makes seed-phrase loss and phishing a direct user risk Stablecoin use adds token and blockchain exposure Browser integration creates exposure to browser and dApp vulnerabilities
Best for	Monero and privacy-focused asset holders, Users routing transactions through Tor, Mobile users pairing hardware wallets	Opera browser users, Celo stablecoin payments, Gnosis Web3 dApps

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