CAKE wallet vs Copay Bitcoin Wallet Comparison
| Company |
|
|
| User rating |
User rating
4.3 / 5
3 user reviews
|
User rating
3 / 5
1 user review
|
| Cryptogeek rating |
Cryptogeek rating
4 / 5
|
Cryptogeek rating
4.2 / 5
|
| Trust Score
How it works
|
Trust Score
3.58 / 5
|
Trust Score
2.86 / 5
|
About
|
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.
|
Copay is an Hierarchical Deterministic wallet. This means that funds in the wallet can be restored using old backups, diminishing the risks of losing funds. The extra security of using different addresses for each bitcoin transaction is also a positive security feature alongside multisignature capabilities. Copay allows users to check prices in over 150 currencies.
|
Founding Date
Country
Languages
Wallet type
Storage type
Private keys
|
Not available
|
Not available
|
Available coins
Security
Anonymity
Ease of use
Has attached card
Has trading facilities
Has vouchers and offers
Features
|
Hierarchical Deterministic, Open Source
|
Hierarchical Deterministic, Open Source, Multi-Signature
|
| About |
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.
|
Copay is an Hierarchical Deterministic wallet. This means that funds in the wallet can be restored using old backups, diminishing the risks of losing funds. The extra security of using different addresses for each bitcoin transaction is also a positive security feature alongside multisignature capabilities. Copay allows users to check prices in over 150 currencies.
|
| Founding Date |
Founding Date
2018
|
Founding Date
No data
|
| Country |
Country
USA
|
Country
No data
|
| Languages |
Languages
English
|
Languages
No data
|
| Wallet type |
Wallet type
Software wallet
|
Wallet type
No data
|
| Storage type |
Storage type
Hot wallet
|
Storage type
No data
|
| Private keys |
Private keys
Not available
|
Private keys
Not available
|
| Available coins |
Available coins
0
|
Available coins
0
|
| Security |
Security
Personal
|
Security
Personal
|
| Anonymity |
Anonymity
Medium
|
Anonymity
Medium
|
| Ease of use |
Ease of use
Easy
|
Ease of use
Easy
|
| Has attached card |
Has attached card
no
|
Has attached card
no
|
| Has trading facilities |
Has trading facilities
yes
|
Has trading facilities
No data
|
| Has vouchers and offers |
Has vouchers and offers
No data
|
Has vouchers and offers
No data
|
| Features |
Features
Hierarchical Deterministic, Open Source
|
Features
Hierarchical Deterministic, Open Source, Multi-Signature
|
Social
Website
Twitter
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.
|
- Open-source
- Multisig
- Private keys control by users
- Anonymity
|
Disadvantages
|
- There is not a desktop version yet released, and there is no information about the coming updates.
|
- Supports only Bitcoin and Bitcoin Cash
|
Rating
| User rating |
User rating
4.3 / 5
3 user reviews
|
User rating
3 / 5
1 user review
|
| Cryptogeek rating |
Cryptogeek rating
4 / 5
|
Cryptogeek rating
4.2 / 5
|
| Advantages |
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.
|
Advantages
- Open-source
- Multisig
- Private keys control by users
- Anonymity
|
| Disadvantages |
Disadvantages
- There is not a desktop version yet released, and there is no information about the coming updates.
|
Disadvantages
- Supports only Bitcoin and Bitcoin Cash
|
CAKE wallet user rating is 4.3, based on 3 user reviews. Copay Bitcoin Wallet user rating is 3, based on 1 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.
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CAKE wallet vs Copay Bitcoin Wallet - Which Wallet Is Better in 2025?
This CAKE wallet vs Copay Bitcoin 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, CAKE wallet is rated 4.3 with 3 user reviews, while Copay Bitcoin Wallet is rated 3 with 1 user reviews.
Let's finally move to overall Trust Score:
