CAKE wallet vs Coinify Comparison

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Company	CAKE wallet	Coinify
User rating	User rating 4.3 / 5 3 user review	User rating 1.9 / 5 9 user review
Cryptogeek rating	Cryptogeek rating 4 / 5	Cryptogeek rating 4 / 5
Trust Score How it works	Trust Score 3.58 / 5	Trust Score 4.09 / 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.	Coinify is an open-source cryptocurrency wallet and asset browser application that is actively offering solutions in Europe, Asia, and other regions. Coinify supports such popular coins as BTC, ETH, as well as ERC-20 tokens and other cryptocurrencies.

Founding Date

	2018	2014

Country

	USA	Denmark

Languages

	English	English

Wallet type

	Software wallet	Software wallet

Storage type

	Hot wallet	Hot wallet

Private keys

	Not available	Available

Available coins

	0	12 - Bitcoin (BTC), Nano (NANO), Dogecoin (DOGE), USD Coin (USDC), Bitcoin Cash (BCH), Bitcoin SV (BSV), Ethereum (ETH), Litecoin (LTC), Stellar (XLM), Tether (USDT), Polkadot (DOT), Celsius (CEL)

Security

	Personal	No data

Anonymity

	Medium	No data

Ease of use

	Easy	No data

Has attached card

	no	No data

Has trading facilities

	yes	No data

Has vouchers and offers

	No data	No data

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.	Coinify is an open-source cryptocurrency wallet and asset browser application that is actively offering solutions in Europe, Asia, and other regions. Coinify supports such popular coins as BTC, ETH, as well as ERC-20 tokens and other cryptocurrencies.
Founding Date	Founding Date 2018	Founding Date 2014
Country	Country USA	Country Denmark
Languages	Languages English	Languages English
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 Available
Available coins	Available coins 0	Available coins 12 - Bitcoin (BTC), Nano (NANO), Dogecoin (DOGE), USD Coin (USDC), Bitcoin Cash (BCH), Bitcoin SV (BSV), Ethereum (ETH), Litecoin (LTC), Stellar (XLM), Tether (USDT), Polkadot (DOT), Celsius (CEL)
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

	www.cakewallet.io	coinify.com

Twitter

	No data	@coinify

Website	Website www.cakewallet.io	Website coinify.com
Twitter	Twitter No data	Twitter @coinify

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.	- Free to use - Support the popular cryptocurrencies - Option to buy crypto for fiat - Open-source - Own application - Users can create more than one wallet for different types of currency

Disadvantages

	- There is not a desktop version yet released, and there is no information about the coming updates.	- No synchronization with Blockchain - No multi-signature - Mandatory verification

Rating

User rating	User rating 4.3 / 5 3 user review	User rating 1.9 / 5 9 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 - Free to use - Support the popular cryptocurrencies - Option to buy crypto for fiat - Open-source - Own application - Users can create more than one wallet for different types of currency
Disadvantages	Disadvantages - There is not a desktop version yet released, and there is no information about the coming updates.	Disadvantages - No synchronization with Blockchain - No multi-signature - Mandatory verification

CAKE wallet user rating is 4.3, based on 3 user reviews. Coinify user rating is 1.9, based on 9 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:

Coffee Wallet, JuBiter Blade Wallet, BitKeep

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Coinify

Winner

Trust Score: 4.09 / 5

Compare with:

Freewallet, Exodus, CoinSpot Wallet

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

This CAKE wallet vs Coinify 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 Coinify is rated 1.9 with 9 user reviews.

Let's finally move to overall Trust Score:

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