CAKE wallet vs Xapo Wallet Comparison
| Company |
|
|
| User rating |
User rating
4.3 / 5
3 user reviews
|
User rating
4.8 / 5
4 user reviews
|
| Cryptogeek rating |
Cryptogeek rating
4 / 5
|
Cryptogeek rating
3.6 / 5
|
| Trust Score
How it works
|
Trust Score
3.58 / 5
|
Trust Score
3.62 / 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.
|
Xapo is a Hong Kong-based company providing a cryptocurrency cold vault and a mobile application for managing the assets. Moreover, Xapo offers a рrераіd debit card compatible with Bitcoin, with a number of fiat currencies and numerous point of sale machines and ATMs. The company is well-established. It was formed in 2013 after the vault for storage of BTC created by the future CEO of Xapo, Wences Casares, became popular. In this review, we will try to find out if Xapo is safe and is it a scam or a legit platform for Bitcoin storage and exchange.
|
Founding Date
Country
Languages
Wallet type
|
Software wallet
|
Software wallet
|
Storage type
|
Hot wallet
|
Hot / Cold wallet
|
Private keys
|
Not available
|
Not available
|
Available coins
Security
|
Personal
|
Third Party Encrypted
|
Anonymity
Ease of use
Has attached card
Has trading facilities
Has vouchers and offers
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.
|
Xapo is a Hong Kong-based company providing a cryptocurrency cold vault and a mobile application for managing the assets. Moreover, Xapo offers a рrераіd debit card compatible with Bitcoin, with a number of fiat currencies and numerous point of sale machines and ATMs. The company is well-established. It was formed in 2013 after the vault for storage of BTC created by the future CEO of Xapo, Wences Casares, became popular. In this review, we will try to find out if Xapo is safe and is it a scam or a legit platform for Bitcoin storage and exchange.
|
| Founding Date |
Founding Date
2018
|
Founding Date
2013
|
| Country |
Country
USA
|
Country
Hong Kong
|
| Languages |
Languages
English
|
Languages
English
|
| Wallet type |
Wallet type
Software wallet
|
Wallet type
Software wallet
|
| Storage type |
Storage type
Hot wallet
|
Storage type
Hot / Cold wallet
|
| Private keys |
Private keys
Not available
|
Private keys
Not available
|
| Available coins |
Available coins
0
|
Available coins
1
- Bitcoin (BTC)
|
| Security |
Security
Personal
|
Security
Third Party Encrypted
|
| 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
yes
|
| 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
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.
|
- High assets security
- Intuitive interface
- Wide functionality
- Prepaid debit cards
|
Disadvantages
|
- There is not a desktop version yet released, and there is no information about the coming updates.
|
- The support team is slow to react
- No cryptocurrencies other than BTC
|
Rating
| User rating |
User rating
4.3 / 5
3 user reviews
|
User rating
4.8 / 5
4 user reviews
|
| Cryptogeek rating |
Cryptogeek rating
4 / 5
|
Cryptogeek rating
3.6 / 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
- High assets security
- Intuitive interface
- Wide functionality
- Prepaid debit cards
|
| Disadvantages |
Disadvantages
- There is not a desktop version yet released, and there is no information about the coming updates.
|
Disadvantages
- The support team is slow to react
- No cryptocurrencies other than BTC
|
CAKE wallet user rating is 4.3, based on 3 user reviews. Xapo Wallet user rating is 4.8, based on 4 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.
Choose other companies
CAKE wallet vs Xapo Wallet - Which Wallet Is Better in 2025?
This CAKE wallet vs Xapo 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 Xapo Wallet is rated 4.8 with 4 user reviews.
Let's finally move to overall Trust Score:
