CAKE wallet vs Toast Wallet Comparison
| Company | ||
|---|---|---|
| User rating | 3 user review | 17 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
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.
|
Toast wallet was an XRP wallet. It has been operating in 2017 - 2020. In 2020, it was shut down because Ripple and Xpring stopped funding its further development. Users with funds left on Toast are withdrawing their coins successfully.
|
Founding Date
| 2018 | 2017 |
Country
| USA | New Zealand |
Languages
| English | English |
Wallet type
| Software wallet | Software wallet |
Storage type
| Hot wallet | Hot wallet |
Private keys
| Not available | Available |
Available coins
| 0 | 1 - Ripple (XRP) |
Security
| Personal | Personal |
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 | 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.
|
Toast wallet was an XRP wallet. It has been operating in 2017 - 2020. In 2020, it was shut down because Ripple and Xpring stopped funding its further development. Users with funds left on Toast are withdrawing their coins successfully.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2017 |
| Country | Country USA | Country New Zealand |
| 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 1 - Ripple (XRP) |
| Security | Security Personal | Security Personal |
| 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 Hierarchical Deterministic |
Social
Website
| www.cakewallet.io | toastwallet.com |
| No data | @ToastWallet |
| Website | Website www.cakewallet.io | Website toastwallet.com |
|---|---|---|
| Twitter No data | Twitter @ToastWallet |
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. | - Service is free - Open-source software - High speed - Good security |
Disadvantages
| - There is not a desktop version yet released, and there is no information about the coming updates. | - The wallet was shut down - No currencies besides XRP - The use of fiat currencies is not allowed |
Rating
| User rating | User rating 3 user review | User rating 17 user review |
|---|---|---|
| Cryptogeek rating | Cryptogeek rating | Cryptogeek rating |
| 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 - Service is free - Open-source software - High speed - Good security |
| Disadvantages | Disadvantages - There is not a desktop version yet released, and there is no information about the coming updates. | Disadvantages - The wallet was shut down - No currencies besides XRP - The use of fiat currencies is not allowed |
CAKE wallet user rating is 4.3, based on 3 user reviews. Toast Wallet user rating is 3.5, based on 17 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 vs Toast Wallet - Which Wallet Is Better in 2025?
This CAKE wallet vs Toast 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 Toast Wallet is rated 3.5 with 17 user reviews.
Let's finally move to overall Trust Score:
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