Armory Wallet vs CAKE wallet Comparison

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Company
User rating User rating 4.3 / 5 15 user reviews User rating 4.3 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 3.6 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 4.11 / 5 Trust Score 3.58 / 5

About

Armory is a free Bitcoin cold wallet supporting multi-signature. It is an open source protocol utilizing high-end protection features. Historically Armory is one of the earliest efficient cold storage cryptocurrency wallets. This wallet has a reputation of one of the most secure Bitcoin wallets. Armory doesn't support any cryptocurrency besides Bitcoin (BTC).
The CAKE Wallet is an Open-Source iOS Wallet for Monero, it accesses the blockchain transactions without having to run a full node. Creating a wallet is as simple as downloading and writing down a mnemonic seed. You can also configure fingerprint recognition and FaceID for a safe login.

Founding Date

2013 2018

Country

International USA

Languages

English English

Wallet type

Software wallet Software wallet

Storage type

Hot / Cold wallet Hot wallet

Private keys

Available Not available

Available coins

1 - Bitcoin (BTC) 0

Security

Personal Personal

Anonymity

Medium Medium

Ease of use

Average Easy

Has attached card

no no

Has trading facilities

No data yes

Has vouchers and offers

No data No data

Features

Hierarchical Deterministic, Open Source, Multi-Signature Hierarchical Deterministic, Open Source
About
Armory is a free Bitcoin cold wallet supporting multi-signature. It is an open source protocol utilizing high-end protection features. Historically Armory is one of the earliest efficient cold storage cryptocurrency wallets. This wallet has a reputation of one of the most secure Bitcoin wallets. Armory doesn't support any cryptocurrency besides Bitcoin (BTC).
The CAKE Wallet is an Open-Source iOS Wallet for Monero, it accesses the blockchain transactions without having to run a full node. Creating a wallet is as simple as downloading and writing down a mnemonic seed. You can also configure fingerprint recognition and FaceID for a safe login.
Founding Date Founding Date 2013 Founding Date 2018
Country Country International Country USA
Languages Languages English Languages English
Wallet type Wallet type Software wallet Wallet type Software wallet
Storage type Storage type Hot / Cold wallet Storage type Hot wallet
Private keys Private keys Available Private keys Not available
Available coins Available coins 1 - Bitcoin (BTC) Available coins 0
Security Security Personal Security Personal
Anonymity Anonymity Medium Anonymity Medium
Ease of use Ease of use Average Ease of use Easy
Has attached card Has attached card no Has attached card no
Has trading facilities Has trading facilities No data Has trading facilities yes
Has vouchers and offers Has vouchers and offers No data Has vouchers and offers No data
Features Features Hierarchical Deterministic, Open Source, Multi-Signature Features Hierarchical Deterministic, Open Source

Social

Website

www.bitcoinarmory.com www.cakewallet.io

Twitter

@armory No data
Website Website www.bitcoinarmory.com Website www.cakewallet.io
Twitter Twitter @armory Twitter No data

Advantages

- Open source - Cold storage support, allowing you to manage bitcoin without the Internet -Top-end security features, such as hierarchical deterministic (HD) and multi-signature support - In 2020, it surprised its users with the open-source app available for the Android operative system. The app offers the same good features. - It offers an impeccable security system and gives autonomy to its users. - Good technology usage.

Disadvantages

- No mobile support offered - Lack of two-factor authentication - Depth of security features may put it out of reach for beginners - There is not a desktop version yet released, and there is no information about the coming updates.

Rating

User rating User rating 4.3 / 5 15 user reviews User rating 4.3 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 3.6 / 5 Cryptogeek rating 4 / 5
Advantages Advantages - Open source - Cold storage support, allowing you to manage bitcoin without the Internet -Top-end security features, such as hierarchical deterministic (HD) and multi-signature support Advantages - In 2020, it surprised its users with the open-source app available for the Android operative system. The app offers the same good features. - It offers an impeccable security system and gives autonomy to its users. - Good technology usage.
Disadvantages Disadvantages - No mobile support offered - Lack of two-factor authentication - Depth of security features may put it out of reach for beginners Disadvantages - There is not a desktop version yet released, and there is no information about the coming updates.

Armory Wallet user rating is 4.3, based on 15 user reviews. CAKE wallet user rating is 4.3, based on 3 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
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Trust Score: 4.11 / 5
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Armory Wallet vs CAKE wallet - Which Wallet Is Better in 2025?

This Armory Wallet vs CAKE wallet comparison is based on the most recent data on both companies. We do our best to provide you with unbiased information about cryptocurrency companies.

Based on user reviews only, Armory Wallet is rated 4.3 with 15 user reviews, while CAKE wallet is rated 4.3 with 3 user reviews.

Let's finally move to overall Trust Score: