CAKE wallet vs Freewallet Comparison

Changelly Coinmetro CryptoPay ETHERC VCC Exchange

BitBay CBX Exchange Cointree Exrates IDAX

Company	CAKE wallet	Freewallet
User rating	User rating 4.3 / 5 3 user reviews	User rating 4.8 / 5 154 user reviews
Cryptogeek rating	Cryptogeek rating 4 / 5	Cryptogeek rating 4.6 / 5
Trust Score How it works	Trust Score 3.58 / 5	Trust Score 4.81 / 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.	Freewallet (or FRWT) is a web3 non-custody wallet that supports a wide range of functions including swapping, purchasing, and managing cryptocurrencies based on 15 different blockchains with safety and ease.

Founding Date

	2018	2016

Country

	USA	Estonia

Languages

	English	English, Japanese, Portuguese, German, French, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Indonesian

Wallet type

	Software wallet	Software wallet

Storage type

	Hot wallet	Cold wallet

Private keys

	Not available	Available

Available coins

	0	93 - Bitcoin (BTC), Basic Attention Token (BAT), NEO (NEO), VeChain (VET), OmiseGO (OMG), Lisk (LSK), Bitcoin Gold (BTG), Zcash (ZEC), Populous (PPT), Bytecoin (BCN), Dogecoin (DOGE), DigixDAO (DGD), Zilliqa (ZIL), Status (SNT), 0x (ZRX), Loopring (LRC), Golem (GNT), Ardor (ARDR), DigiByte (DGB), Waltonchain (WTC), aelf (ELF), Centrality (CENNZ), Substratum (SUB), FunFair (FUN), Nxt (NXT), Nucleus Vision (NCASH), WAX (WAX), Power Ledger (POWR), Storm (STORM), Mixin (XIN), Enigma (ENG), Storj (STORJ), TenX (PAY), Dentacoin (DCN), Kin (KIN), Civic (CVC), Iconomi (ICN), SingularityNET (AGI), POA Network (POA), Gnosis (GNO), Polymath (POLY), Cube (CUBEAUTO), Po.et (POE), Genaro Network (GNX), Loom Network (LOOM), Enjin Coin (ENJ), Santiment Network Token (SAN), DigitalNote (XDN), Pundi X (NPXS), Ignis (IGNIS), Bluzelle (BLZ), Genesis Vision (GVT), THETA (THETA), Gifto (GTO), PayPie (PPP), BLOCKv (VEE), Bibox Token (BIX), Ruff (RUFF), Ripio Credit Network (RCN), UTRUST (UTK), CRYPTO20 (C20), USD Coin (USDC), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), Bitcoin SV (BSV), Dash (DASH), EOS (EOS), Ethereum (ETH), Litecoin (LTC), Monero (XMR), NEM (XEM), Stellar (XLM), Tether (USDT), Tron (TRX), EOSDT, BitTorrent (BTT), Auctus (AUC), Compound SAI (CSAI), UNUS SED LEO (LEO), Huobi Token (HT), Binance USD (BUSD), FTX Token (FTT), TrueUSD (TUSD), Paxos Standard (PAX), Quant (QNT), SwissBorg (CHSB), IoTeX (IOTX), Chiliz (CHZ), Ankr (ANKR), Unibright (UBT), Fantom (FTM), NAGA Coin

Security

	Personal	Third Party Encrypted

Anonymity

	Medium	High

Ease of use

	Easy	Easy

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, Multi-Signature, Hierarchical Deterministic

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.	Freewallet (or FRWT) is a web3 non-custody wallet that supports a wide range of functions including swapping, purchasing, and managing cryptocurrencies based on 15 different blockchains with safety and ease.
Founding Date	Founding Date 2018	Founding Date 2016
Country	Country USA	Country Estonia
Languages	Languages English	Languages English, Japanese, Portuguese, German, French, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Indonesian
Wallet type	Wallet type Software wallet	Wallet type Software wallet
Storage type	Storage type Hot wallet	Storage type Cold wallet
Private keys	Private keys Not available	Private keys Available
Available coins	Available coins 0	Available coins 93 - Bitcoin (BTC), Basic Attention Token (BAT), NEO (NEO), VeChain (VET), OmiseGO (OMG), Lisk (LSK), Bitcoin Gold (BTG), Zcash (ZEC), Populous (PPT), Bytecoin (BCN), Dogecoin (DOGE), DigixDAO (DGD), Zilliqa (ZIL), Status (SNT), 0x (ZRX), Loopring (LRC), Golem (GNT), Ardor (ARDR), DigiByte (DGB), Waltonchain (WTC), aelf (ELF), Centrality (CENNZ), Substratum (SUB), FunFair (FUN), Nxt (NXT), Nucleus Vision (NCASH), WAX (WAX), Power Ledger (POWR), Storm (STORM), Mixin (XIN), Enigma (ENG), Storj (STORJ), TenX (PAY), Dentacoin (DCN), Kin (KIN), Civic (CVC), Iconomi (ICN), SingularityNET (AGI), POA Network (POA), Gnosis (GNO), Polymath (POLY), Cube (CUBEAUTO), Po.et (POE), Genaro Network (GNX), Loom Network (LOOM), Enjin Coin (ENJ), Santiment Network Token (SAN), DigitalNote (XDN), Pundi X (NPXS), Ignis (IGNIS), Bluzelle (BLZ), Genesis Vision (GVT), THETA (THETA), Gifto (GTO), PayPie (PPP), BLOCKv (VEE), Bibox Token (BIX), Ruff (RUFF), Ripio Credit Network (RCN), UTRUST (UTK), CRYPTO20 (C20), USD Coin (USDC), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), Bitcoin SV (BSV), Dash (DASH), EOS (EOS), Ethereum (ETH), Litecoin (LTC), Monero (XMR), NEM (XEM), Stellar (XLM), Tether (USDT), Tron (TRX), EOSDT, BitTorrent (BTT), Auctus (AUC), Compound SAI (CSAI), UNUS SED LEO (LEO), Huobi Token (HT), Binance USD (BUSD), FTX Token (FTT), TrueUSD (TUSD), Paxos Standard (PAX), Quant (QNT), SwissBorg (CHSB), IoTeX (IOTX), Chiliz (CHZ), Ankr (ANKR), Unibright (UBT), Fantom (FTM), NAGA Coin
Security	Security Personal	Security Third Party Encrypted
Anonymity	Anonymity Medium	Anonymity High
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 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, Multi-Signature, Hierarchical Deterministic

Social

Website

	www.cakewallet.io	freewallet.org

Twitter

	No data	@freewalletorg

Website	Website www.cakewallet.io	Website freewallet.org
Twitter	Twitter No data	Twitter @freewalletorg

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.	- In-built exchange - Multi-currency wallet - Credit cards accepted - Multi-language user-friendly interface

Disadvantages

	- There is not a desktop version yet released, and there is no information about the coming updates.	- Customer service needs improvements

Rating

User rating	User rating 4.3 / 5 3 user reviews	User rating 4.8 / 5 154 user reviews
Cryptogeek rating	Cryptogeek rating 4 / 5	Cryptogeek rating 4.6 / 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 - In-built exchange - Multi-currency wallet - Credit cards accepted - Multi-language user-friendly interface
Disadvantages	Disadvantages - There is not a desktop version yet released, and there is no information about the coming updates.	Disadvantages - Customer service needs improvements

CAKE wallet user rating is 4.3, based on 3 user reviews. Freewallet user rating is 4.8, based on 154 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?

CAKE wallet

Trust Score: 3.58 / 5

Compare with:

Aximetria, DigiByte Wallets, Swiss Bank In Your Pocket

Write review

Freewallet

Winner

Trust Score: 4.81 / 5

Compare with:

CoinSpot Wallet, Coinomi, Exodus

Write review

Choose other companies

CAKE wallet vs Freewallet - Which Wallet Is Better in 2025?

This CAKE wallet vs Freewallet 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 Freewallet is rated 4.8 with 154 user reviews.

Let's finally move to overall Trust Score:

CAKE wallet vs Cobo Wallet

CAKE wallet vs Corazon Titanium Trezor Model T

CAKE wallet vs Crypto Key Stack Hardware Wallet

CAKE wallet vs Crypto.com Wallet

CAKE wallet vs ECOMI Secure Wallet

Freewallet vs Wirex

Freewallet vs Toast Wallet

Freewallet vs Cryptonator

Freewallet vs SpectroCoin

Freewallet vs DAOWallet