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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on CAKE wallet by LUIS RIVERO R

Revainrating 5 out of 5

Excellent wallet with a good product!

This is the first mobile wallet for open source brunette.
It is really easy to use and create an account in a few simple steps after downloading it. You can access all the benefits it offers, it is simple but this makes it easy to use.

If you plan to use only Monero this is an excellent alternative, since when you need to pay something in a currency other than monero you can use your instant exchange for the use of other currencies. In a nutshell it is perfect, the fact of having only one currency has allowed its developers to create a powerful and at the same time simple Blockchain tool.
One of the interesting aspects is that this project is funded by its creators, and if you really believe that it fulfills its purposes you can help this community, directly on its official website.

By the way I say this since I have used it several times. I like to experiment with the different wallets



Pros
  • Decentralized without safekeeping of private keys.
  • It is possible to create multiple wallets as well as addresses.
  • Available in multiple languages.
  • Fiat support
  • In general it has good reviews on the sites where it is downloaded.  
Cons
  • Basically I believe that the only problem is that its development and financing depend on such a closed group.