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What is Wallet of Satoshi?

The Wallet of Satoshi is a mobile app designed for both iOS and Android that simplifies the process of sending and receiving Lightning payments. This custodial wallet eliminates the need for complicated setups, making it an intuitive choice for users seeking a seamless experience. You can quickly download the app from walletofsatoshi.com, and after installation, you'll easily connect to the Lightning Network. The Lightning Network itself is an open-source payment protocol established on Bitcoin, designed to enable rapid and cost-effective transactions that greatly exceed the speed of traditional Bitcoin payments while offering enhanced security. This platform caters to daily transactions, ensuring that payments are not only quick and economical but also trustworthy. Moreover, it allows for micro-payments, which enables users to send tiny amounts of currency, sometimes as little as one ten-thousandth of a cent, thus creating new avenues for financial transactions. With its innovative features, the Wallet of Satoshi is transforming our approach to digital transactions, paving the way for a more efficient financial future. As it continues to evolve, the app may introduce even more functionalities that further enhance the user experience.

What is Cake Wallet?

Cake Wallet offers a reliable and secure environment for individuals to manage their XMR and BTC, as well as a range of other digital currencies. Established in 2018 by Cake Technologies LLC, it became the first open-source Monero wallet for iOS, with an expansion to Android in January 2020. By February 2021, the wallet integrated support for BTC through the Electrum wallet, broadening its appeal. Cake Technologies strives to make cryptocurrency more accessible by providing an intuitive interface suitable for beginners, while also catering to more experienced users with advanced features. Throughout its three years in the market, Cake Wallet has reliably enabled safe and simple transactions for its clientele. Additionally, it supports a variety of currencies, including Monero and Bitcoin (Electrum), and maintains its open-source nature. Users benefit from a built-in exchange that allows for seamless trading between multiple cryptocurrencies such as XMR, BTC, ADA, and BCH, among others. Furthermore, the app now allows for direct BTC purchases, enables users to create multiple wallets and accounts, and offers backup options through local storage or cloud solutions. The added capability to connect to preferred remote nodes further enriches the wallet's usability and functionality, making it a versatile choice for cryptocurrency management.

Media

Media

Integrations Supported

Bitcoin
ChangeNOW
Lightning Network
Zano

Integrations Supported

Bitcoin
ChangeNOW
Lightning Network
Zano

API Availability

Has API

API Availability

Has API

Pricing Information

Free
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Wallet of Satoshi

Company Website

www.walletofsatoshi.com

Company Facts

Organization Name

Cake Wallet

Date Founded

2018

Company Location

United States

Company Website

cakewallet.com

Categories and Features

Categories and Features

Popular Alternatives

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