comparison · Privacy wallets
Cake Wallet vs Edge
Both are listed in Privacy wallets. The table below pulls directly from each service’s data sheet; see each entry for sourcing.
| Field | Cake Wallet | Edge |
|---|---|---|
| KYC | no KYC | no KYC |
| Category | Privacy wallets | Privacy wallets |
| Jurisdiction | United States (operator-disclosed) | United States (operator-disclosed) |
| Payment methods | crypto, card (via partners) | crypto, card (via partners) |
| Fiat on-ramp | yes | yes |
| Custodial | no | no |
| Open source | yes | yes |
| Founded | 2018 | 2014 |
| Last verified | Jan 1, 2026 | Jan 1, 2026 |
Cake Wallet — summary
Cake Wallet is the most-recommended mobile XMR wallet for users new to Monero and one of the few cross-coin wallets with serious Monero integration.
- + First-class Monero support alongside BTC, LTC, ETH, BCH, NANO, and others.
- + Built-in privacy-respecting swaps via SideShift / Trocador.
- + Tor proxy supported for node connections.
- − Operator is U.S.-based; treat the in-app fiat purchase flow as KYC-bound.
- − Mobile app uses platform crash reporters by default — review settings on install.
- − Facts need re-verification by operator (last seeded 2026-01).
Edge — summary
Edge is one of the older self-custody multi-coin mobile wallets and uses a client-side-encrypted "account" model that is unusual for non-custodial wallets.
- + Long-running multi-coin mobile wallet with self-custody and open-source code.
- + Account model uses client-side encryption keyed to username/password; no server-side custody.
- − Operator is U.S.-based.
- − Account model uses a username — the wallet servers know your username and IP, even if not the keys.
- − Integrated swap/buy flows expose you to partner KYC.
When to choose which
Treat this section as heuristic. Privacy properties depend on how you use the service, not just which one you pick.
- Choose Cake Wallet if first-class monero support alongside btc, ltc, eth, bch, nano, and others..
- Choose Edge if long-running multi-coin mobile wallet with self-custody and open-source code..
- Either way, re-check the entry’s last verified date — the Privacy wallets category churns.
Mentioned in (combined)
Pages on the site that reference Cake Wallet, Edge, or both.
Guides
Compared as of .