Nexo

Bake vs OKX

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

OKX Logo

OKX

OKX (formerly OKEx and okcoin) is a popular and large crypto exchange that offers OKX Earn, a suite of products, which includes crypto savings account, staking and others ways to earn on deposited funds. OKX is now available in the United States. ...

Platform
Bake Platform
OKX Platform
Website
Bonus
$30 after $50 deposit
Buy $100 in crypto, get $10 in BTC
Token
DFI
Founded
2019
2017
Headquarters
Singapore
Seychelles
Availability
Non-us
Worldwide, some services unavailable in US

Cryptocurrency Rates

BTC Rate
2.5%
1%
BTC Max
5%
ETH Rate
2.5%
1.88%
ETH Max
5%
2.6%
LTC Rate
1%
LTC Max
DOGE Rate
1%
DOGE Max
Stablecoin Rate
6.5%
6.6%
Stablecoin Max
11%

Fees & Financial

Compounding
Yes
Yes
Payouts
Weekly
Varies
Fees
Yes
Lockup
None
None (flexible) to fixed terms
Maker Fee
0.02
Taker Fee
0.05
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
OKX Logo

OKX Pros

    • Full exchange services
    • Variety of products, including simple earn and staking

OKX Cons

    • Flexible interest rates relatively low

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