Cake Wallet review
A free multi-asset wallet with Tor, selected hardware-wallet connections, and privacy-focused Bitcoin tools.
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
Cake Wallet is a free, open-source, self-custody wallet for individuals managing supported cryptocurrencies. It is available on iOS, Android, macOS, and Linux, with tools to create or restore wallets, send and receive assets, and swap supported cryptocurrencies inside the app. Wallet groups can share a recovery phrase across compatible currency wallets. Its combination of everyday wallet functions and privacy-oriented features makes it a fit for people who want more control over how they manage crypto, rather than a service aimed at business teams.
Privacy and hardware options distinguish Cake Wallet from a basic send-and-receive wallet. It includes a built-in Tor option, Bitcoin Lightning, Silent Payments, and Payjoin, as well as Litecoin MWEB support. Users can connect select Ledger, Trezor, BitBox, COLDCARD, and Cupcake hardware wallets; compatibility varies by device and currency. Custom tokens can be added by contract address on supported chains. These features give privacy-conscious users several ways to shape their wallet setup, but the range of assets and supported functions is not uniform across the app.
The published product details describe the wallet as free, with in-app crypto purchases offered through third-party providers for supported assets and regions. That makes it a straightforward option for users seeking a no-cost wallet, though purchases are not simply a universal built-in route for every asset or location. Cake Wallet is available across desktop and mobile, but Windows desktop builds are paused and new releases are on hold, with older pre-v6.x binaries still available. Choose it if you want self-custody, privacy features, and hardware-wallet connections on a supported platform; look elsewhere if Windows is essential or you need consistent asset and feature availability across devices.
Cake Wallet pros and cons
- Where it wins
- Create, restore, send, receive, and swap supported crypto assets
- Offers Tor, Silent Payments, Payjoin, and Litecoin MWEB support
- Connects select Ledger, Trezor, BitBox, COLDCARD, and Cupcake wallets
- Where it doesn't
- Availability of assets and features varies by device and currency
- Windows desktop builds are paused and new releases are on hold
- In-app crypto purchases depend on third-party providers and supported regions
Cake Wallet fact sheet, pricing and score →
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