Cake Pay vs UseBitcoin
UseBitcoin has the higher grade on both axes: Safety 5.5 against 3.0, and Privacy 6.3 against 6.2.
Cake Pay
Gift-card and prepaid-card store from the Cake Wallet team; under maintenance
Privacy
6.2/ 10
Fair
Safety
3.0/ 10
Poor
No ID mentioned KYC 1 Suspended Full review →
UseBitcoin
Japanese prepaid gift codes paid for over the Lightning Network
Privacy
6.3/ 10
Fair
Safety
5.5/ 10
Fair
No ID mentioned KYC 1 Docs reviewed Full review →
Side by side
| Cake Pay | UseBitcoin | |
|---|---|---|
| Category | Gift Cards | Gift Cards |
| KYC policy | No ID mentioned | No ID mentioned |
| Custody | N/A | N/A |
| Sign-up | Email required | Not published |
| Open source | No | No |
| Tor onion address | No | No |
| Coins | XMR, BTC, LTC | BTC |
| Pay with | Crypto, Monero | Lightning |
| Fees | Not published | No fee stated; some codes are listed at a discount |
| Limits | Not published | Denominations vary by product, for example ¥1,000-¥100,000 for au PAY |
| Jurisdiction | Not published | Japan |
| Incidents on record | 1 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Cake Pay
Accepts MoneroRequires email
Both
Nothing distinct
Only UseBitcoin
Accepts LightningLegal entity disclosed
Where they sit among gift cards
Questions
Is Cake Pay or UseBitcoin safer?
UseBitcoin has the higher Safety grade: Cake Pay 3.0, UseBitcoin 5.5, out of 10.
Does Cake Pay or UseBitcoin require KYC?
Cake Pay is KYC level 1 (no ID mentioned). UseBitcoin is KYC level 1 (no ID mentioned).
Which has more incidents on record?
Cake Pay has 1 and UseBitcoin has 0 documented incidents in the registry.