Cake Wallet vs Zerion

Cake Wallet4.3/5

VS

Zerion3.9/5

Feature	Cake WalletVisit	ZerionVisit
Ratings
Our score	4.3/5	3.9/5
User rating	No reviews yet	No reviews yet
Security	4.5	3.5
Ease of use	4.0	4.0
Chain support	4.0	4.5
Features	4.0	4.5
Privacy	5.0	3.0
Specs
KYC required	No	Not disclosed
Wallet type	Mobile, Desktop	Mobile, Browser extension, Web, Smart contract wallet
Custody	Self-custodial	Self-custodial
Chains	Bitcoin, Ethereum, Solana, Arbitrum, Base, Polygon, BNB Chain, Tron, Other	Ethereum
Platforms	iOS, Android, macOS, Linux	iOS, Android, Chrome
Open source	Yes	Yes
Hardware wallet support	Yes	Yes
In-app swaps	Yes	Yes
NFT support	Not disclosed	Yes
Buy crypto in app	Yes	Not disclosed
Security features	PIN protection, Encrypted backups, Tor routing, Bitcoin Silent Payments, Coin control, Replace-by-Fee	Self-custody, Public browser-extension code, Independent audits, Ledger support
Recovery without a seed phrase	No	Not disclosed
Built-in dApp browser	No	Yes
Swap fee	Not disclosed	0.67%
Perpetuals trading	No	Yes
Company
Founded	2018	2016
Headquarters	—	—
Investors	Not disclosed	Alliance, Placeholder, Signum Capital
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 wallet with Ledger support 66-chain coverage includes EVM networks and Solana Browser extension source code is public No Zerion fee for sending or receiving crypto
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	Built-in swaps and bridges charge a 0.67% service fee Seed-phrase loss and phishing remain self-custody risks Perps and tokenized assets add product and counterparty exposure A phishing incident involving $100,000 was recorded on April 14, 2026
Best for	Monero and privacy-focused asset holders, Users routing transactions through Tor, Mobile users pairing hardware wallets	Multichain portfolio management, EVM and Solana users, Ledger users managing DeFi positions

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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