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Cake Wallet vs Ronin Wallet

How Cake Wallet vs Ronin Wallet compare on our ratings, wallet specs, funding, pros and cons.

Cake Wallet4.3/5
VS
Ronin Wallet2.9/5
Feature
Cake WalletVisit
Ronin WalletVisit
Ratings
Our score4.3/52.9/5
User ratingNo reviews yetNo reviews yet
Security4.52.5
Ease of use4.03.5
Chain support4.02.5
Features4.03.0
Privacy5.03.0
Specs
KYC required No No
Wallet typeMobile, DesktopMobile, Browser extension, Web
CustodySelf-custodialSelf-custodial
ChainsBitcoin, Ethereum, Solana, Arbitrum, Base, Polygon, BNB Chain, Tron, OtherNot disclosed
PlatformsiOS, Android, macOS, LinuxNot disclosed
Open source YesNot disclosed
Hardware wallet support YesNot disclosed
In-app swaps Yes Yes
StakingNot disclosed Yes
NFT supportNot disclosed Yes
Buy crypto in app Yes Yes
Security featuresPIN protection, Encrypted backups, Tor routing, Bitcoin Silent Payments, Coin control, Replace-by-FeeNot disclosed
Recovery without a seed phrase NoNot disclosed
Built-in dApp browser NoNot disclosed
Perpetuals trading NoNot disclosed
Company
Founded20182021
Headquarters—Vietnam
InvestorsNot disclosedNot 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 control of wallet assets
  • Browser, mobile and web access
  • Built for Ronin games and NFT applications
  • Supports cross-chain swaps
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
  • The Ronin bridge suffered a $615 million exploit in March 2022
  • Seed-phrase loss can permanently restrict access
  • Cross-chain swaps add pricing and execution risk
  • The wallet centers on Ronin rather than broad multichain coverage
Best forMonero and privacy-focused asset holders, Users routing transactions through Tor, Mobile users pairing hardware walletsRonin gaming assets, Axie Infinity users, Ronin NFT collectors

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

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