CAKE wallet vs Cobo Wallet Comparison

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Company
User rating User rating 4.3 / 5 3 user review User rating 5 / 5 2 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 3.58 / 5 Trust Score 3.69 / 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.
Cobo Wallet is Cobo's flagship mobile wallet, built to make it easy for people to grow and secure their crypto. Cobo Wallet is the first in the world to support pooled staking, offers native staking for dozens of PoS projects, has an integrated dapp store, and supports more than 30 coins and 500 tokens.

Founding Date

2018 2017

Country

USA China

Languages

English English, Traditional Chinese, Simplified Chinese

Wallet type

Software wallet Software wallet

Storage type

Hot wallet Hot wallet

Private keys

Not available Not available

Available coins

0 0

Security

Personal Third Party Encrypted

Anonymity

Medium Low

Ease of use

Easy Easy

Has attached card

no no

Has trading facilities

yes No data

Has vouchers and offers

No data No data

Features

Hierarchical Deterministic, Open Source Multi-Signature, 2 Factor Authentication, 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.
Cobo Wallet is Cobo's flagship mobile wallet, built to make it easy for people to grow and secure their crypto. Cobo Wallet is the first in the world to support pooled staking, offers native staking for dozens of PoS projects, has an integrated dapp store, and supports more than 30 coins and 500 tokens.
Founding Date Founding Date 2018 Founding Date 2017
Country Country USA Country China
Languages Languages English Languages English, Traditional Chinese, Simplified Chinese
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 Third Party Encrypted
Anonymity Anonymity Medium Anonymity Low
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 Multi-Signature, 2 Factor Authentication, Hierarchical Deterministic

Social

Website

www.cakewallet.io cobo.com

Twitter

No data @Cobo_Wallet
Website Website www.cakewallet.io Website cobo.com
Twitter Twitter No data Twitter @Cobo_Wallet

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. - Security - Easy to use - User-friendly

Disadvantages

- There is not a desktop version yet released, and there is no information about the coming updates. - Few languages available

Rating

User rating User rating 4.3 / 5 3 user review User rating 5 / 5 2 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 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 - Security - Easy to use - User-friendly
Disadvantages Disadvantages - There is not a desktop version yet released, and there is no information about the coming updates. Disadvantages - Few languages available

CAKE wallet user rating is 4.3, based on 3 user reviews. Cobo Wallet user rating is 5, based on 2 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: 3.69 / 5 Write review
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CAKE wallet vs Cobo Wallet - Which Wallet Is Better in 2024?

This CAKE wallet vs Cobo 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 Cobo Wallet is rated 5 with 2 user reviews.

Let's finally move to overall Trust Score: