Nexo

Bake vs Coinbase

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

Coinbase Logo

Coinbase

Coinbase is one of the most popular centralized crypto exchanges. Coinbase Earn is Coinbase's interest-bearing product. They offer staking-as-a-service on supported assets and, more specifically, interest on USDC (Circle), ETH and SOL. Coinbase...

Platform
Bake Platform
Coinbase Platform
Website
Bonus
$30 after $50 deposit
Get $20 after first trade
Token
DFI
Founded
2019
2012
Headquarters
Singapore
Wilmington, DE
Availability
Non-us
100+ countries

Cryptocurrency Rates

BTC Rate
2.5%
BTC Max
5%
ETH Rate
2.5%
2.01%
ETH Max
5%
LTC Rate
LTC Max
DOGE Rate
DOGE Max
Stablecoin Rate
6.5%
4.1%
Stablecoin Max

Fees & Financial

Compounding
Yes
No
Payouts
Weekly
Varies
Fees
Yes
Yes
Lockup
None
None
Maker Fee
0.5
Taker Fee
0.5
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
Coinbase Logo

Coinbase Pros

    • Full exchange functionality
    • Popular, highly trusted
    • Publicly traded company

Coinbase Cons


Earn Interest on Crypto

Bitcoin logo BTC Bitcoin Ethereum logo ETH Ethereum Solana logo SOL Solana Ripple logo XRP Ripple Litecoin logo LTC Litecoin Dogecoin logo DOGE Dogecoin Circle logo USDC Circle Tether logo USDT Tether