Phemex

Bitfinex vs Bake

Bitfinex Logo

Bitfinex

Bitfinex offers two unique products to earn yield on deposited crypto. Bitfinex Lending Pro is a crypto lending offering that pays variable rates on your cryptocurrency. A wide variety of crypto is supported, included USDT, Bitcoin and others. To ...

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
Bitfinex Platform
Bake Platform
Website
Bonus
6% discount on fees
$30 after $50 deposit
Token
DFI
Founded
2012
2019
Headquarters
Taiwan
Singapore
Availability
Worldwide, excluding US
Non-us

Cryptocurrency Rates

BTC Rate
1.98%
2.5%
BTC Max
5%
ETH Rate
1.45%
2.5%
ETH Max
5%
LTC Rate
LTC Max
DOGE Rate
DOGE Max
Stablecoin Rate
6.5%
Stablecoin Max

Fees & Financial

Compounding
No
Yes
Payouts
Weekly
Weekly
Fees
Yes
Yes
Lockup
None
Maker Fee
0.1
Taker Fee
0.2
Bitfinex Logo

Bitfinex Pros

    • Long running exchange

Bitfinex Cons

    • Rates variable upon market
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