CAKE wallet vs Cobo Wallet Comparison
| 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
Country
Languages
|
English
|
English, Traditional Chinese, Simplified Chinese
|
Wallet type
|
Software wallet
|
Software wallet
|
Storage type
Private keys
|
Not available
|
Not available
|
Available coins
Security
|
Personal
|
Third Party Encrypted
|
Anonymity
Ease of use
Has attached card
Has trading facilities
Has vouchers and offers
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
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.
|
- 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.
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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:
