About Cake Wallet
Cake Wallet is an open-source, non-custodial cryptocurrency wallet that has built a strong reputation in the privacy coin community. Originally created with a focus on Monero (XMR), Cake Wallet has grown into a multi-asset wallet that now supports Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Solana (SOL), and several other digital currencies. The wallet places strong emphasis on user sovereignty, meaning the people who use it always retain ownership of their seed phrases and private keys, and no third party holds custody of their funds.
The application is designed to be approachable for newcomers while still offering advanced functionality for experienced users. New holders of cryptocurrency can create a wallet in minutes, get a clear view of their balances, send and receive coins, and explore built-in exchange features. Long-time users will appreciate granular controls such as custom node selection, subaddresses, view keys, transaction details, and the ability to verify the open-source code that powers the application.
Cake Wallet is available on multiple platforms - Android, iOS, Windows, macOS, and Linux - so users can manage their crypto from whichever device fits their workflow. Whether you keep a small amount of Monero on your phone for everyday spending or hold a diversified portfolio across desktop and mobile, the same principles of privacy, transparency, and self-custody apply across every version of the application.
Why People Choose Cake Wallet
Self-Custody by Design
Your seed phrase is generated locally and stored on your device. Cake Wallet never holds your keys, which means you stay in full control of your assets at all times.
Multi-Currency Support
Manage Monero, Bitcoin, Ethereum, Litecoin, Solana and more from a single application without juggling multiple wallets or extensions.
Open-Source Code
The full source of Cake Wallet is publicly available, so anyone can audit how the application works and confirm that it behaves as documented.
Privacy-First Approach
With deep Monero integration, view-only mode, custom node settings and address book privacy, Cake Wallet helps minimize unnecessary data exposure.
Built-In Exchanges
Swap between supported assets directly inside the application using integrated exchange providers, with the ability to compare rates before confirming.
Cross-Platform
Use Cake Wallet on Android, iOS or your computer with a consistent interface and the same recovery seed working across compatible installations.
Supported Cryptocurrencies
Cake Wallet supports a wide range of digital assets, with deep functionality for privacy-oriented coins like Monero. Below is an overview of the main currencies you can manage in the application.
| Cryptocurrency | Symbol | Notes |
|---|
| Monero | XMR | Full-featured wallet with subaddresses, view keys and node settings |
| Bitcoin | BTC | Native support with electrum-style address derivation |
| Litecoin | LTC | Lightweight setup similar to Bitcoin |
| Ethereum | ETH | Includes ERC-20 token support and gas fee controls |
| Solana | SOL | Native and SPL token support |
| Other Assets | Various | Additional coins and tokens added over time |
How Cake Wallet Works
Wallet Creation
When you start Cake Wallet for the first time, the application generates a new seed phrase locally on your device. This seed phrase, typically 25 words for Monero or 12 words for other assets, is the master key to your funds. You write it down on paper or store it in a secure location offline. Without that phrase, no one - not even the developers of Cake Wallet - can restore your wallet for you, which is why secure backup is so important.
Sending and Receiving
Once your wallet is set up, receiving coins is as simple as sharing your address or scanning a QR code. Sending coins requires you to enter the recipient address, the amount, and confirm the transaction. Network fees are displayed before you confirm so there are no surprises, and Cake Wallet allows you to adjust fee priority for chains where that makes sense.
Exchanges
Cake Wallet integrates third-party exchange providers so you can swap one supported asset for another directly inside the wallet. The exchanges available may vary by region and over time, but the experience is consistent: select the asset to send, the asset to receive, review the estimated rate, and confirm. Funds remain in your custody until the swap is initiated.
Security Considerations
Because Cake Wallet is non-custodial, your security is largely in your own hands. The application provides several tools to help: a PIN code to lock the app, biometric authentication on supported devices, and the option to view or hide individual asset balances. The seed phrase, however, is the foundation of your wallet's security. Treat it with the same care you would give a physical key to a safe.
- Write your seed phrase on paper and store it in a secure location, ideally in more than one place.
- Never share your seed phrase with anyone or type it into websites that ask for it.
- Enable PIN protection and biometric unlock if your device supports them.
- Verify the source of any installer before running it on your computer.
- Keep your operating system and the wallet application up to date.
Explore Cake Wallet Across Devices
Visit the Wallet, Desktop, Extension, Download or Login pages to learn more about how Cake Wallet fits into your daily routine.
Frequently Asked Questions
Is Cake Wallet free to use?
Yes. Cake Wallet is free to download and free to use. Network transaction fees are paid to the underlying blockchain, and exchange operations may include third-party rates and fees, but the wallet itself does not charge a subscription.
Does Cake Wallet keep my private keys?
No. Cake Wallet is non-custodial, which means your keys and seed phrase are stored only on your device. The application has no way to access your funds remotely.
Can I use the same seed phrase on multiple devices?
You can restore the same wallet on more than one device using the same seed phrase. Many users keep one installation on a phone and a second on a desktop computer, which makes balances and history visible on both devices.
What if I lose my phone or computer?
If your seed phrase is safely backed up, you can install Cake Wallet on a new device, use the restore option, enter the seed phrase, and regain access to your funds. Without the seed phrase, recovery is not possible.