Cake Wallet vs Status: Privacy Multi-Chain or EVM Chat
Cake Wallet and Status are open-source, non-custodial cryptocurrency applications that require no identity verification or account registration. Cake Wallet focuses on multi-chain asset storage with specialized privacy infrastructure. Created originally for Monero, it supports 16 distinct networks including Bitcoin, Ethereum, Solana, and Zcash, alongside native Tor routing and Bitcoin Silent Payments.
Status combines an EVM wallet with an encrypted peer-to-peer messaging client and Web3 community spaces. It concentrates exclusively on Ethereum and Layer-2 rollups like Arbitrum, Optimism, Base, and Linea, adding NFT indexing and browser extension support. The primary difference lies in blockchain scope and hardware flexibility: Cake Wallet handles non-EVM chains and connects to devices like Trezor, Ledger, and COLDCARD, whereas Status limits transactions to EVM networks and pairs with contactless Keycard hardware.
Quick verdict
The core distinction centers on network coverage versus integrated communication. Cake Wallet handles diverse UTXO and non-EVM blockchains with network-level privacy protections like Tor. Status integrates encrypted messaging and NFT management directly around the Ethereum virtual machine.
Choose Cake Wallet if you hold Monero, Bitcoin, or Solana, want native Tor routing to hide IP addresses, or sign transactions with hardware wallets from Trezor, Ledger, or COLDCARD.
Choose Status if you operate entirely on Ethereum and Layer-2 rollups, trade ERC-721 or ERC-1155 collectibles, and want metadata-private peer-to-peer messaging paired with a Keycard hardware device.
| Feature | ||
|---|---|---|
| Ratings | ||
| Our score | 4.3/5 | 4.0/5 |
| User rating | No reviews yet | No reviews yet |
| Security | 4.5 | 4.5 |
| Ease of use | 4.0 | 3.5 |
| Chain support | 4.0 | 3.0 |
| Features | 4.0 | 4.0 |
| Privacy | 5.0 | 5.0 |
| Specs | ||
| KYC required | No | No |
| Wallet type | Mobile, Desktop | Mobile, Browser extension, Desktop |
| Custody | Self-custodial | Self-custodial |
| Chains | Bitcoin, Ethereum, Solana, Arbitrum, Base, Polygon, BNB Chain, Tron, Other | Ethereum, Arbitrum, Base, Optimism, Other |
| Platforms | iOS, Android, macOS, Linux | iOS, Android, Chrome, Windows, macOS, Linux |
| Open source | Yes | Yes |
| Hardware wallet support | Yes | Yes |
| In-app swaps | Yes | Yes |
| NFT support | Not disclosed | Yes |
| Buy crypto in app | Yes | Yes |
| WalletConnect | Not disclosed | Yes |
| Security features | PIN protection, Encrypted backups, Tor routing, Bitcoin Silent Payments, Coin control, Replace-by-Fee | Keycard hardware wallet integration, Peer-to-peer messaging encryption, Local key storage, Device-level transaction confirmation |
| Recovery without a seed phrase | No | No |
| Built-in dApp browser | No | Yes |
| Perpetuals trading | No | No |
| Company | ||
| Founded | 2018 | 2017 |
| Headquarters | — | — |
| Investors | Not disclosed | Not disclosed |
| Strengths and weaknesses | ||
| Pros |
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| Cons |
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| Best for | Monero and privacy-focused asset holders, Users routing transactions through Tor, Mobile users pairing hardware wallets | Privacy-focused Ethereum ecosystem users, Traders using EVM Layer 2 networks, Communities using token-gated chat rooms |
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.
FAQ
Can Status store Bitcoin or Monero like Cake Wallet?
No, Status does not support Bitcoin, Monero, or any non-EVM networks. It handles only Ethereum and EVM-compatible Layer-2 networks, while Cake Wallet supports Bitcoin, Monero, Litecoin, and Zcash.
Which wallet offers better hardware signer support?
Cake Wallet supports a wider range of third-party hardware devices, connecting to Ledger, Trezor, BitBox, and COLDCARD. Status pairs exclusively with Keycard contactless smart cards.
Do either of these wallets require KYC verification?
Neither wallet requires identity verification to create an account, manage keys, or broadcast on-chain transfers. Optional fiat purchase gateways embedded in both apps rely on third-party providers that may require KYC.
Does Cake Wallet have built-in messaging?
Cake Wallet does not include messaging tools. Status provides an integrated, end-to-end encrypted messaging suite with token-gated community channels alongside its wallet.