Cake Wallet v4.21.0 - Maximize Litecoin Security With Ledger in Cake Wallet!

Cake Wallet version 4.21.0 introduces Ledger hardware beta support for Litecoin, early support for our new Monero Airgap wallet, and many more improvements!

Summary of changes:

• Litecoin support for Ledger hardware wallets - Use your Ledger hardware wallet to restore Litecoin within Cake Wallet over USB (Android only) or Bluetooth.
• Monero airgapped wallet support - We’ve added initial support for reading live QR codes for airgapped wallets, which makes Cake Wallet compatible with our new airgapped companion app, Cupcake.
• Litecoin nMWEB enhancements - Peg-in/Peg-out improvements
• New Buy/Sell flow - Making it easier and more convenient to purchase and sell crypto within Cake Wallet
• Bug fixes and enhancements to make your Cake Wallet experience better!

Litecoin with Ledger: A Game-Changer for Security

We’ve already supported Bitcoin, Ethereum, and Polygon with Ledger in Cake Wallet, but as we previously promised we’re launching another top requested cryptocurrency: Litecoin.

This now allows you to combine the security of a hardware wallet with the privacy and transparency of an open source wallet like Cake Wallet. All of this can be done via USB (Android only) or via Bluetooth (iOS & Android) with the following Ledger devices:

• Ledger Nano S (Android-only since it has no Bluetooth)
• Ledger Nano X (Android & iOS)
• Ledger Flex (Android & iOS)
• Ledger Stax (Android & iOS)

Please report any issues you experience for us to continually improve your experience! To view instructions on setting things up, refer to our guides.

(PS. Monero is almost ready, keep an eye out!)

No hardware wallet? No problem.

Cake Wallet now supports reading QR codes for airgapped wallets. This enables people to more securely store their funds offline, with similar security philosophies found in hardware devices like Ledger.

Many users have an old device (like a retired phone) which is a prime candidate for becoming an offline, airgapped wallet for users needing even higher degrees of security. This feature, in conjunction with our new air-gapped companion app, Cupcake, allows you to securely manage your Monero funds offline.

Cupcake is already live on the App Store and Google Play Store, but it should only be used for testing in its current beta state. As with any beta, expect bugs and please report them to us so we can continue optimizing the experience!

Icing On the Cake

As with any Cake Wallet release we’ve made many other changes under-the-hood to keep the app running smoothly.

• We’ve made significant strides in improving the MWEB peg-in and peg-out processes. This enhancement provides a smoother and more efficient way to interact with MimbleWimble Extension Blocks. Thank you everyone in the Litecoin community for the positive feedback on MWEB so far - we’re happy to bring novel privacy protections to our users!
• We’ve revamped the buy/sell flow to make it easier and more convenient than ever to purchase and sell crypto directly within Cake Wallet.
• As always, we’ve addressed numerous bugs and made several enhancements to improve your overall Cake Wallet experience.

Conclusion

With this latest release, Cake Wallet continues to be a leading privacy-focused cryptocurrency wallet. We are the first to implement the newest privacy tools in the cryptocurrency space like Silent Payments for Bitcoin and MWEB for Litecoin, all in an open source experience to help push the commmunity forward. We’re committed to providing you with the tools you need to safeguard your digital assets to enjoy the benefits of decentralized finance.

The Cake Wallet Team 🍰