Cake Wallet vs Muun
It is a trade-off. Muun has the higher Safety grade (7.5 against 7.4), while Cake Wallet has the higher Privacy grade (8.6 against 6.8).
Cake Wallet
Open-source multi-coin mobile and desktop wallet with strong Monero support
Privacy
8.6/ 10
Excellent
Safety
7.4/ 10
Strong
ID never required KYC 0 Docs reviewed Full review →
Muun
Open-source self-custodial Bitcoin and Lightning mobile wallet using 2-of-2 multisig
Privacy
6.8/ 10
Fair
Safety
7.5/ 10
Strong
No ID mentioned KYC 1 Docs reviewed Full review →
Side by side
| Cake Wallet | Muun | |
|---|---|---|
| Category | Wallets | Wallets |
| KYC policy | ID never required | No ID mentioned |
| Custody | Non Custodial | Non Custodial |
| Sign-up | No account needed | Not published |
| Open source | Yes | Yes |
| Tor onion address | No | No |
| Coins | XMR, BTC, ETH, LTC, USDT | BTC |
| Pay with | Not published | Crypto, Lightning |
| Founded | 2018 | Not published |
| Jurisdiction | Not published | Cayman Islands |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Cake Wallet
No registrationNo email neededNo phone neededAccepts Monero5+ years operatingThird-party liquidity
Both
Open sourceNon-custodial
Only Muun
Accepts LightningLegal entity disclosed
Where they sit among wallets
Questions
Is Cake Wallet or Muun safer?
Muun has the higher Safety grade: Cake Wallet 7.4, Muun 7.5, out of 10.
Does Cake Wallet or Muun require KYC?
Cake Wallet is KYC level 0 (ID never required). Muun is KYC level 1 (no ID mentioned).
Which has more incidents on record?
Cake Wallet has 0 and Muun has 0 documented incidents in the registry.