CAKE wallet vs Payeer Comparison
| Company |
|
|
| User rating |
User rating
4.3 / 5
3 user review
|
User rating
4.1 / 5
48 user review
|
| Cryptogeek rating |
Cryptogeek rating
4 / 5
|
Cryptogeek rating
4.2 / 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.
|
Payeer is an electronic wallet system that operates internationally. It began its work in 2012 on the territory of Georgia with representative offices in the UK and Russia, and in 2015 it became one of the most popular payment systems. Payeer provides its users to buy and sell cryptocurrency.
|
Founding Date
Country
Languages
|
English
|
English, French, Spanish, Russian, Chinese
|
Wallet type
|
Software wallet
|
Software wallet
|
Storage type
Private keys
|
Not available
|
Not available
|
Available coins
Security
Anonymity
Ease of use
Has attached card
Has trading facilities
Has vouchers and offers
Features
|
Hierarchical Deterministic, Open Source
|
No data
|
| 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.
|
Payeer is an electronic wallet system that operates internationally. It began its work in 2012 on the territory of Georgia with representative offices in the UK and Russia, and in 2015 it became one of the most popular payment systems. Payeer provides its users to buy and sell cryptocurrency.
|
| Founding Date |
Founding Date
2018
|
Founding Date
2012
|
| Country |
Country
USA
|
Country
Estonia
|
| Languages |
Languages
English
|
Languages
English, French, Spanish, Russian, 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
No data
|
| Anonymity |
Anonymity
Medium
|
Anonymity
No data
|
| Ease of use |
Ease of use
Easy
|
Ease of use
No data
|
| Has attached card |
Has attached card
no
|
Has attached card
No data
|
| 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
No data
|
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.
|
- Anonymity. Verification is provided on a voluntary basis.
Convenient interface. The owners of Payeer wallets note that the site of the system looks much more presentable compared to others.
- Instant international transfers. This is ensured by the use of modern technologies aimed at high-speed data processing.
- Extensive functionality. An internal currency and Bitcoin exchanger is provided at a favourable rate, as well as payment for most popular services.
- A wide range of deposit and withdrawal methods. There are over 100 options available to top up your wallet.
- Safety. One of the most important points that people pay attention to when choosing a payment system. Everything is in order with security in Payeer: a multi-level data protection system is provided, including a master key.
|
Disadvantages
|
- There is not a desktop version yet released, and there is no information about the coming updates.
|
- High commissions for replenishing the wallet.
|
Rating
| User rating |
User rating
4.3 / 5
3 user review
|
User rating
4.1 / 5
48 user review
|
| Cryptogeek rating |
Cryptogeek rating
4 / 5
|
Cryptogeek rating
4.2 / 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
- Anonymity. Verification is provided on a voluntary basis.
Convenient interface. The owners of Payeer wallets note that the site of the system looks much more presentable compared to others.
- Instant international transfers. This is ensured by the use of modern technologies aimed at high-speed data processing.
- Extensive functionality. An internal currency and Bitcoin exchanger is provided at a favourable rate, as well as payment for most popular services.
- A wide range of deposit and withdrawal methods. There are over 100 options available to top up your wallet.
- Safety. One of the most important points that people pay attention to when choosing a payment system. Everything is in order with security in Payeer: a multi-level data protection system is provided, including a master key.
|
| Disadvantages |
Disadvantages
- There is not a desktop version yet released, and there is no information about the coming updates.
|
Disadvantages
- High commissions for replenishing the wallet.
|
CAKE wallet user rating is 4.3, based on 3 user reviews. Payeer user rating is 4.1, based on 48 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.
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CAKE wallet vs Payeer - Which Wallet Is Better in 2025?
This CAKE wallet vs Payeer 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 Payeer is rated 4.1 with 48 user reviews.
Let's finally move to overall Trust Score:
