Nexo

Coinchange vs Bake

Coinchange Logo

Coinchange

Coinchange is a custodial crypto interest account platform that uses defi to generate yield for its users. Earn: Enjoy APY on stablecoins and other popular cryptocurrencies, with daily compounding returns. Buy: Securely purchase popular cryptoc...

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
Coinchange Platform
Bake Platform
Website
Bonus
$25 in crypto with $500 deposit, hold 90 days, make 1 transaction
$30 after $50 deposit
Token
DFI
Founded
2017
2019
Headquarters
Canada
Singapore
Availability
Worldwide
Non-us

Cryptocurrency Rates

BTC Rate
8%
2.5%
BTC Max
5%
ETH Rate
8%
2.5%
ETH Max
5%
LTC Rate
LTC Max
DOGE Rate
DOGE Max
Stablecoin Rate
7.6%
6.5%
Stablecoin Max

Fees & Financial

Compounding
Yes
Yes
Payouts
Daily
Weekly
Fees
Yes
Yes
Lockup
1 business day to unlock funds
None
Maker Fee
Taker Fee
Coinchange Logo

Coinchange Pros

    • Easy to use platform

Coinchange Cons

    • Rates can vary often
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