Since you seem to have good knowledge about it, do you also know anything about its devs? Are they good, are trust-worthy? Not that it plays a huge role, considering that Samourai's devs have been prosecuted despite everyone believed they were good, pro-privacy and trust-worthy.
I don't know anything about them, but everything is open source and released publicly.
I used Cakewallet to swap small amounts of Monero and Litecoin to Bitcoin. It works very well and is as I understand it, the wallet is completely decentralized and non-custodial. But the swap system goes through a third party CEX so it cannot be considered as decentralized as an atomic swap. Also the wallet claims to be open source, the swap system is however closed source.
And I think that Cake wallet is charging small fee for using this
third party exchanges.
It's much better to use something like Orangefren aggregator to find best exchange rates, and have some guarantee that you wont be scammed if you exchange coins via Orangefren.
They aren't reputable at all - Cake Wallet partners with KYC scammers
I
don't support KYC crap, but I am sick and tired of you constantly calling everyone a scammer, so yeah here it is, Kruw is officially working with international criminal scammers, enjoy reading:
https://www.secretservice.gov/sites/default/files/reports/2025-06/Public-Alert-Cryptocurrency-Mixing.pdf