Nexo

Coinbase vs Bake

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...

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

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

Cryptocurrency Rates

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

Fees & Financial

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

Coinbase Pros

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

Coinbase Cons

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

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