CAKE wallet vs CryptX Wallet Comparison

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Company
User rating User rating 4.3 / 5 3 user reviews User rating 4 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4.4 / 5
Trust Score How it works Trust Score 3.58 / 5 Trust Score 3.64 / 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.
CryptX Wallet is a custodial multicurrency and multifunctional hot crypto wallet developed by CryptX in 2021. The latter is a Georgian company responsible for several other cryptocurrency projects including a crypto exchange, a platform for trading bots management, etc. CryptX Wallet is a natural element of the CryptX ecosystem (for instance, the wallet is integrated with CryptX ATMs system). Nevertheless, using CryptX Wallet outside this ecosystem can bring a strong experience as the wallet provides some really interesting features. On top of that, the wallet boasts institutional-grade security — a crucial characteristic for cryptocurrency wallets.

Founding Date

2018 2018

Country

USA Georgia

Languages

English English

Wallet type

Software wallet Software wallet

Storage type

Hot wallet Hot wallet

Private keys

Not available Not available

Available coins

0 0

Security

Personal Personal

Anonymity

Medium Low

Ease of use

Easy Average

Has attached card

no no

Has trading facilities

yes yes

Has vouchers and offers

No data No data

Features

Hierarchical Deterministic, Open Source 2 Factor Authentication
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.
CryptX Wallet is a custodial multicurrency and multifunctional hot crypto wallet developed by CryptX in 2021. The latter is a Georgian company responsible for several other cryptocurrency projects including a crypto exchange, a platform for trading bots management, etc. CryptX Wallet is a natural element of the CryptX ecosystem (for instance, the wallet is integrated with CryptX ATMs system). Nevertheless, using CryptX Wallet outside this ecosystem can bring a strong experience as the wallet provides some really interesting features. On top of that, the wallet boasts institutional-grade security — a crucial characteristic for cryptocurrency wallets.
Founding Date Founding Date 2018 Founding Date 2018
Country Country USA Country Georgia
Languages Languages English Languages English
Wallet type Wallet type Software wallet Wallet type Software wallet
Storage type Storage type Hot wallet Storage type Hot wallet
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 Low
Ease of use Ease of use Easy Ease of use Average
Has attached card Has attached card no Has attached card no
Has trading facilities Has trading facilities yes 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 Features 2 Factor Authentication

Social

Website

www.cakewallet.io www.cryptx.com

Twitter

No data @CryptXWallet
Website Website www.cakewallet.io Website www.cryptx.com
Twitter Twitter No data Twitter @CryptXWallet

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. - High security - Many supported coins - Low fees - Good functionality

Disadvantages

- There is not a desktop version yet released, and there is no information about the coming updates. - The selection of coins lacks many top currencies

Rating

User rating User rating 4.3 / 5 3 user reviews User rating 4 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4.4 / 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 - High security - Many supported coins - Low fees - Good functionality
Disadvantages Disadvantages - There is not a desktop version yet released, and there is no information about the coming updates. Disadvantages - The selection of coins lacks many top currencies

CAKE wallet user rating is 4.3, based on 3 user reviews. CryptX Wallet user rating is 4, based on 1 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?
Trust Score: 3.58 / 5 Write review
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Trust Score: 3.64 / 5 Write review
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CAKE wallet vs CryptX Wallet - Which Wallet Is Better in 2024?

This CAKE wallet vs CryptX 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 CryptX Wallet is rated 4 with 1 user reviews.

Let's finally move to overall Trust Score: