Skip to main content
Suggest a service

Mycelium vs Cake Wallet

Two no-KYC services head-to-head — KYC stance, custody model, attributes and our trust score, side by side.

Mycelium Cake Wallet
Trust score 8.0 9.3
KYC level L1Anonymous L1Anonymous
Tagline Long-running Bitcoin mobile wallet Open-source XMR/BTC mobile wallet
Jurisdiction Switzerland USA
Founded 2013 2018
Tor / .onion No No
Accepts Monero (XMR) Yes
Non-custodial Yes Yes
Open source Yes Yes
No signup required Yes Yes
Mobile app Yes Yes
Available worldwide Yes Yes

Verdict

Based on our trust scoring, **Cake Wallet** comes out ahead of **Mycelium** (9.3 vs 8.0). The gap reflects differences in KYC stance, custody model and operational track record.

Note: Scores are our independent assessment. Both services have valid use cases — read each detail page before deciding.

Read full review: Mycelium Read full review: Cake Wallet