Cake Wallet review (2026)
Cake Wallet is a free, open-source, non-custodial wallet for Monero and other coins on Android, iPhone, macOS and Linux. It scans on your device, supports Tor, Polyseed and Ledger and Trezor, and is actively developed, with v6.5.0 released in October 2026. Windows builds are paused.
Verdict
Cake Wallet is the best Monero wallet for most phone users in 2026. It is easy to set up, keeps your keys on your device, and adds features other mobile wallets lack, such as hardware-wallet signing and built-in Tor. The main downsides are the paused Windows build and the fact that in-app swaps route through third-party services with their own fees and policies.
Facts at a glance
| Item | Cake Wallet |
|---|---|
| Type | Mobile and desktop software wallet, multi-coin |
| Platforms | Android 8+, iOS 15+, macOS 12+, Linux (Flatpak); Windows builds paused |
| Open source | Yes |
| Custody | Non-custodial (you hold the seed) |
| Sync method | Remote or own node; blockchain scanned on your device; optional built-in Tor and onion nodes |
| Hardware support | Ledger; Trezor for Monero since v6.2 (5 June 2026); BitBox, COLDCARD and Cupcake for some other coins |
| Status (Oct 2026) | Active; v6.5.0 released October 2026 with Monero core 0.18.5.3 |
Notable features
- Seed choice: creates Polyseed (16 words) by default and restores legacy 25-word and BIP39 Monero seeds. You can enter a restore date or height to speed up recovery.
- Background sync on Android: daily, hourly or aggressive schedules keep the wallet current and can send transaction alerts.
- Built-in Tor: hides your IP address from nodes and services, with slower sync as the trade-off.
- Swaps: exchange XMR for other coins inside the app through providers including ChangeNOW, Trocador, Chainflip, NEAR Intents and LetsExchange. You compare quotes and pick a fixed or floating rate.
- Cake Pay: gift cards payable in Monero and other coins; sign-up needs an email.
- Monero.com app: a separate, XMR-focused app from the same team.
Cake is also the named successor for MyMonero users. Cake's announcement says it never received MyMonero users' view keys, addresses or history. See how to move from MyMonero.
Pros and cons
| Pros | Cons |
|---|---|
| Scans locally; no view key sent to a server | Windows builds paused until a redesign (planned late 2026) |
| Runs on Android, iOS, macOS and Linux | Uses a remote node by default, which sees your IP unless you use Tor or your own node |
| Ledger and Trezor support for XMR | Multi-coin features add complexity |
| Frequent releases in 2026 | Swap providers set their own fees and may run compliance checks |
| Polyseed with restore dates | Background sync is Android only |
Who it suits
- Beginners who want a reliable Monero wallet on their phone.
- iPhone users, for whom it is the strongest option (see best iPhone wallet).
- Former MyMonero and Exodus users moving their XMR.
- People who hold XMR alongside BTC, LTC or ZEC and want one app.
It suits less well those who want a Monero-only app on Android (try Monerujo) or advanced desktop coin control (try Feather). Side-by-side: Cake vs Feather vs Monerujo.
Getting started
- Install Cake Wallet from the official store listing or cakewallet.com and set a PIN.
- Tap Create New Wallet, choose Monero and write the Polyseed on paper.
- Open the node settings and decide whether to keep the default node, add your own, or switch on built-in Tor.
- Receive a small amount to a fresh subaddress and wait for it to unlock after 10 confirmations.
Restoring instead? Pick the right seed type (Polyseed, Legacy 25 words or BIP39) and a restore date. See how to restore a Monero wallet.
Privacy notes
Because Cake scans locally, the node only sees that your IP downloaded blocks and, when you send, which transaction you broadcast. Turning on built-in Tor or using your own node closes that gap. Swaps are a separate matter: the swap provider sees the coins and addresses involved. If you use swaps, read swapping BTC to XMR and check the rules in your country (is Monero legal?).
Safety notes
- The official site is cakewallet.com. Type it yourself or use a bookmark; do not click ads. Cloned Cake and MyMonero apps and sites were promoted through Google ads as far back as August 2020.
- Install only from Google Play, the App Store or links on cakewallet.com, and check the developer name.
- Write the seed on paper. Cake support will never ask for it.
- Keep the app updated: wallets will need new versions for the FCMP++ upgrade, which had no mainnet date as of October 2026.
Frequently asked questions
Is Cake Wallet safe?
Cake Wallet is open source and non-custodial, and it scans the blockchain on your device, so your keys never leave it. Your safety depends mostly on downloading the real app from cakewallet.com or the official stores and keeping your seed offline.
Does Cake Wallet work on Windows?
Not currently. Cake's documentation says Windows desktop builds are paused during a redesign planned for late 2026. It runs on Android, iOS, macOS and Linux.
Can I restore a MyMonero wallet in Cake?
Yes, if you have the 25-word MyMonero seed. Choose Restore, select Monero, switch the seed type to Legacy (25 words) and set a restore date near when you started using MyMonero.
Does Cake Wallet support Trezor for Monero?
Yes. Version 6.2, released on 5 June 2026, added Trezor support for viewing balances and signing Monero transactions. Ledger is also supported.
Does Cake Wallet require KYC?
The wallet itself does not. Some third-party buy or swap providers inside the app may ask for identity checks under their own rules.