CAKE wallet vs Ledger Nano X Comparison

Compare companies
Company
User rating User rating 4.3 / 5 3 user review User rating 5 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 3.58 / 5 Trust Score 4.48 / 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.
Ledger Nano X is a hardware wallet designed for secure transactions with crypto assets, such as Bitcoin, Ethereum, ERC20 tokens, and other coins. Ledger Nano X supports 26 coins and over 1500 tokens in total.

Founding Date

2018 2019

Country

USA France

Languages

English English, Japanese, French, Spanish, Korean, Russian, Chinese

Wallet type

Software wallet Hardware wallet

Storage type

Hot wallet Cold wallet

Private keys

Not available Available

Available coins

0 0

Security

Personal Personal

Anonymity

Medium High

Ease of use

Easy Average

Has attached card

no no

Has trading facilities

yes No data

Has vouchers and offers

No data No data

Features

Hierarchical Deterministic, Open Source 2 Factor Authentication, Hierarchical Deterministic, Open Source
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.
Ledger Nano X is a hardware wallet designed for secure transactions with crypto assets, such as Bitcoin, Ethereum, ERC20 tokens, and other coins. Ledger Nano X supports 26 coins and over 1500 tokens in total.
Founding Date Founding Date 2018 Founding Date 2019
Country Country USA Country France
Languages Languages English Languages English, Japanese, French, Spanish, Korean, Russian, Chinese
Wallet type Wallet type Software wallet Wallet type Hardware 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 0
Security Security Personal Security Personal
Anonymity Anonymity Medium Anonymity High
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 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 2 Factor Authentication, Hierarchical Deterministic, Open Source

Social

Website

www.cakewallet.io shop.ledger.com

Twitter

No data @Ledger
Website Website www.cakewallet.io Website shop.ledger.com
Twitter Twitter No data Twitter @Ledger

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. - Encrypted private keys - Security

Disadvantages

- There is not a desktop version yet released, and there is no information about the coming updates. - A paid product

Rating

User rating User rating 4.3 / 5 3 user review User rating 5 / 5 1 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 - Encrypted private keys - Security
Disadvantages Disadvantages - There is not a desktop version yet released, and there is no information about the coming updates. Disadvantages - A paid product

CAKE wallet user rating is 4.3, based on 3 user reviews. Ledger Nano X user rating is 5, 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: 4.48 / 5 Write review
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CAKE wallet vs Ledger Nano X - Which Wallet Is Better in 2025?

This CAKE wallet vs Ledger Nano X 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 Ledger Nano X is rated 5 with 1 user reviews.

Let's finally move to overall Trust Score: