Cash App vs Daedalus Wallet Comparison
| Company | ||
|---|---|---|
| User rating | 6 user review | 2 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
About
|
The Cash App is a peer-to-peer money transfer service developed by Square Inc. that allows users to send and receive money. This service can help you send utility bills, pay for purchases, share the cost of the trip, or any other money sending task that you want to perform with other Cash App users. The Cash App also functions similarly to a bank account, providing users with a debit card called the “Cash Card”, which allows them to make purchases using the funds in their Cash App account. The app also allows users to invest their money in stocks, as well as buy and sell bitcoins.
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Daedalus is a full-node wallet developed by Cardano for trustless and secure operations with the blockchain. It is required to download the Cardano blockchain when using the wallet.
|
Founding Date
| 2013 | 2015 |
Country
| USA | International |
Languages
| English | English, Japanese |
Wallet type
| Software wallet | Software wallet |
Storage type
| Hot wallet | Hot wallet |
Private keys
| Not available | Not available |
Available coins
| 0 | 0 |
Security
| No data | No data |
Anonymity
| No data | No data |
Ease of use
| No data | No data |
Has attached card
| No data | No data |
Has trading facilities
| No data | No data |
Has vouchers and offers
| No data | No data |
Features
| No data | No data |
| About |
The Cash App is a peer-to-peer money transfer service developed by Square Inc. that allows users to send and receive money. This service can help you send utility bills, pay for purchases, share the cost of the trip, or any other money sending task that you want to perform with other Cash App users. The Cash App also functions similarly to a bank account, providing users with a debit card called the “Cash Card”, which allows them to make purchases using the funds in their Cash App account. The app also allows users to invest their money in stocks, as well as buy and sell bitcoins.
|
Daedalus is a full-node wallet developed by Cardano for trustless and secure operations with the blockchain. It is required to download the Cardano blockchain when using the wallet.
|
|---|---|---|
| Founding Date | Founding Date 2013 | Founding Date 2015 |
| Country | Country USA | Country International |
| Languages | Languages English | Languages English, Japanese |
| 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 No data | Security No data |
| Anonymity | Anonymity No data | Anonymity No data |
| Ease of use | Ease of use No data | Ease of use No data |
| Has attached card | Has attached card No data | Has attached card No data |
| Has trading facilities | Has trading facilities No data | Has trading facilities No data |
| Has vouchers and offers | Has vouchers and offers No data | Has vouchers and offers No data |
| Features | Features No data | Features No data |
Social
Website
| cash.app | daedaluswallet.io |
| @cashapp | @CardanoStiftung |
| Website | Website cash.app | Website daedaluswallet.io |
|---|---|---|
| Twitter @cashapp | Twitter @CardanoStiftung |
Advantages
| - Users can import their phonebook and send money to their friends using a phone number or email. - Customers can buy and sell Bitcoin directly from your Cash App balance. - Cash App protects its customers with security features including PIN entry, face and fingerprint identification, encryption, and offline storage of bitcoins. | - Trustless and secure |
Disadvantages
| - Limited transparency when it comes to other transactions using the application. - You have to pay a 1.5% commission in order to instantly receive money. - You cannot make payments internationally. - You must verify your account to increase sending and receiving limits. | - Used only for Cardano |
Rating
| User rating | User rating 6 user review | User rating 2 user review |
|---|---|---|
| Cryptogeek rating | Cryptogeek rating | Cryptogeek rating |
| Advantages | Advantages - Users can import their phonebook and send money to their friends using a phone number or email. - Customers can buy and sell Bitcoin directly from your Cash App balance. - Cash App protects its customers with security features including PIN entry, face and fingerprint identification, encryption, and offline storage of bitcoins. | Advantages - Trustless and secure |
| Disadvantages | Disadvantages - Limited transparency when it comes to other transactions using the application. - You have to pay a 1.5% commission in order to instantly receive money. - You cannot make payments internationally. - You must verify your account to increase sending and receiving limits. | Disadvantages - Used only for Cardano |
Cash App user rating is 4.3, based on 6 user reviews. Daedalus Wallet user rating is 5, based on 2 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? |
Cash App vs Daedalus Wallet - Which Wallet Is Better in 2024?
This Cash App vs Daedalus 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, Cash App is rated 4.3 with 6 user reviews, while Daedalus Wallet is rated 5 with 2 user reviews.
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