Cake Wallet vs OWNR Wallet

Cake Wallet4.3/5

VS

OWNR Wallet3.2/5

Feature	Cake WalletVisit	OWNR WalletVisit
Ratings
Our score	4.3/5	3.2/5
User rating	No reviews yet	No reviews yet
Security	4.5	3.5
Ease of use	4.0	3.5
Chain support	4.0	2.5
Features	4.0	3.5
Privacy	5.0	3.0
Specs
KYC required	No	No
Wallet type	Mobile, Desktop	Mobile, Desktop
Custody	Self-custodial	Self-custodial
Chains	Bitcoin, Ethereum, Solana, Arbitrum, Base, Polygon, BNB Chain, Tron, Other	Bitcoin, Ethereum, Tron, Other
Platforms	iOS, Android, macOS, Linux	iOS, Android, Windows, macOS, Linux
Open source	Yes	Not disclosed
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	PIN protection, Biometric authentication, Seed phrase backup
Recovery without a seed phrase	No	No
Passkey login	Not disclosed	No
Built-in dApp browser	No	Not disclosed
Perpetuals trading	No	No
Company
Founded	2018	2025
Headquarters	—	Estonia
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	Non-custodial architecture keeps private keys and seed phrases under user control Supports SegWit addresses for lower transaction fees on Bitcoin transfers Available natively across desktop operating systems and mobile devices Integrated card off-ramping allows direct sales back to payment cards
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	Card purchase fees are relatively high at 4% plus 3 USD Client software code is closed-source Does not support hardware wallet connections like Ledger or Trezor Card purchases and off-ramps require identity verification
Best for	Monero and privacy-focused asset holders, Users routing transactions through Tor, Mobile users pairing hardware wallets	Desktop and mobile multi-asset management, Buying crypto directly with bank cards, Users needing 24-word seed recovery options

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