Nexo

Bake vs Binance

Bake Logo

Bake

Bake is a blended staking, lending and yield platform that makes it easy to start experimenting with DeFi products within a centralized platform. Bake does support Dogecoin, as part of a liquidity mining pool. Bake Platform Assets Lending

Binance Logo

Binance

Binance is the largest cryptocurrency exchange globally, offering a robust platform with competitive maker and taker fees that vary based on the user's VIP level. Discounts are available when using Binance Coin (BNB) to pay trading fees, reducing cos...

Platform
Bake Platform
Binance Platform
Website
Bonus
$30 after $50 deposit
Token
DFI
BNB
Founded
2019
2017
Headquarters
Singapore
Malta
Availability
Non-us
Worldwide, excluding US

Cryptocurrency Rates

BTC Rate
2.5%
0.28%
BTC Max
5%
ETH Rate
2.5%
2.59%
ETH Max
5%
LTC Rate
0.45%
LTC Max
DOGE Rate
0.23%
DOGE Max
Stablecoin Rate
6.5%
11.26%
Stablecoin Max

Fees & Financial

Compounding
Yes
No
Payouts
Weekly
Daily
Fees
Yes
Lockup
None
Flexible
Maker Fee
0.1
Taker Fee
0.1
Bake Logo

Bake Pros

    • Broad array of defi-like products and yield opportunities
    • Fully owned by both co-founders

Bake Cons

    • Products are more complex or require more lockup time than other platforms
Binance Logo

Binance Pros

No pros listed

Binance Cons

No cons listed


Earn Interest on Crypto

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