Head to head
Cake Wallet vs Trezor Safe 5
The short answer
Which should you buy?
On our fixed standard, Trezor Safe 5 earns the higher mark, 9.1 to 7.4. But the right pick depends on what you want: Cake Wallet is our call for best Monero and privacy wallet, while Trezor Safe 5 is the one to get for best open-source hardware wallet.
Ca
Choose Cake Wallet if you
- Use or want to use Monero
- Value open-source, no-KYC privacy
- Want Bitcoin Silent Payments
- Prefer self-custody with hardware-wallet support
Choose Trezor Safe 5 if you
- Want firmware and hardware you can audit
- Value certified security and Shamir backup
- Confirm transactions on a device touchscreen
- Also want a hardware 2FA key (FIDO2)
Side by side
Full comparison
Green marks the winner of each row| CaCake Wallet | Trezor Safe 5 |
|
|---|---|---|
| Our score | 7.4 / 10 | 9.1 / 10 |
| Type | Privacy multi-currency wallet | Cold storage |
| Price | Free | $169 |
| Security | 6.8 | 9.5 |
| Ease of use | 7.6 | 8.9 |
| Assets | 8.2 | 9.0 |
| Value | 8.4 | 8.8 |
| Support | 7.6 | 8.9 |
| Recovery | 8.0 | 9.4 |
| Best for | Best Monero and privacy wallet | Best open-source hardware wallet |
| Maker | Cake Labs | SatoshiLabs |
Read the full verdicts
The full reviews
Best Monero and privacy wallet
7.4
Cake Wallet
The go-to open-source, non-custodial wallet for Monero and Bitcoin privacy, with no KYC an...
Read full review →Best open-source hardware wallet
9.1
Trezor Safe 5
Trezor at its best: fully open-source firmware paired, at last, with an EAL6+ secure eleme...
Read full review →
The verdict
Trezor Safe 5 takes it
Trezor Safe 5 earns the higher mark on our standard, but read both reviews before you decide.