Nebeus

Phemex vs Bake

Phemex Logo

Phemex

Phemex is a crypto exchange offering exceptionally low fees and powerful tools for trading. Phemex Earn Phemex Earn is a crypto lending product from Phemex. Phemex Earn Does Phemex require KYC? Phemex does not require KYC, but it is li...

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
Phemex Platform
Bake Platform
Bonus
$20 bonus
$30 after $50 deposit
Token
DFI
Founded
2019
2019
Headquarters
Singapore
Singapore
Availability
Worldwide
Non-us

Cryptocurrency Rates

BTC Rate
1%
BTC Max
3%
ETH Rate
1.5%
ETH Max
3%
LTC Rate
LTC Max
DOGE Rate
DOGE Max
Stablecoin Rate
2%
Stablecoin Max
10%

Fees & Financial

Compounding
No
Yes
Payouts
Weekly
Fees
Yes
Lockup
None
Maker Fee
0.01
Taker Fee
0.06
Phemex Logo

Phemex Pros

  • Flexible deposit terms

Phemex Cons

  • Rates lower than other exchanges
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

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