Review on CAKE wallet by Fanuel PORPORTY
Cake wallet - One of the best Monero wallets
Cake wallet is one of the best wallets for iOS users, wherein it is considered as one of the safest options. You can exchange your Monero holdings for different currencies through Cake wallet. The best part is that you are in charge of your private keys, and you can control it. It is safer than most of the desktop wallets or web wallets. As iOS restricts root-level access, which is inbuilt, it makes it more secure than other wallets. The code is completely open-source and gets audited by the community on a periodical basis.
Pros
- The CAKE Wallet is an Open-Source iOS Wallet for Monero,
- Cake Wallet can be considered as the safest and most popular Monero wallet for transferring and storing. One of the additional features of the wallet includes easily exchanging Monero to other cryptocurrencies within the Wallet, without the hassles of an exchange.
- Cake Wallet also allows its users to adjust the speed at which transactions can be sent. Users can set slow, normal, or fast for the transaction.
Cons
- Cake Wallet takes longer to sync, but you don't need to hand over your view key.
