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Minna
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102 Review
16 Karma

Review on CAKE wallet by Afan Ibrahim

Revainrating 4 out of 5

Cake wallet is an open source wallet with multi currency nature.

Cake Wallet is amazing platform for Monero, Bitcoin, And Litecoin Which allows anyone or permits users to securely store, send,and get digital currency. It is digital wallet that is recommended for operating on multicurrency Wallet such as litecoin, bitcoin and few others. Thus,the platform makes it easier for it users by developing a place within the application that users can presently purchase BTC straightforwardly without going extensively to search for it. With cake wallet users also have access to Back up their wallets locally or to the cloud should in case it is missing or something happens.

Cake Wallet which is claimed and worked by Cake Technologies LLC was the primary open source Monero wallet on IOS in 2018. As of January 2020, it is accessible for Android too. Since 2021 began to support BTC (Electrum) wallet and LTC (Electrum) wallet.Cake Wallet also creates room to assist its clients with sending, receiving and to trade Crypto securely and without any problem.



In addition,Cake Wallet describes itself as the best digital online web wallet that accommodates a variety of cryptocurrency within a single wallet and in turn permits multiple accounts to be created on a single device without failure in server. It is one big convenient and secured Wallet,so you don't have to be worried about your assets.

Pros
  • It is a multi-currency Wallet.
  • It allows direct purchase and possibly exchange of BTC through it provided application.
  • It allows creation of multiple Wallets and accounts.
  • It supports more than one official language.
Cons
  • Withdrawal expenses might be considered fair.