Phemex

BitMart vs Bake

BitMart Logo

BitMart

BitMart is a global cryptocurrency exchange launched in 2017, catering to over 9 million users in 180+ countries. It offers a comprehensive trading platform, supporting over 1,400 cryptocurrencies. In addition to its spot and futures trading features...

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
BitMart Platform
Bake Platform
Website
Bonus
$30 after $50 deposit
Token
BMX
DFI
Founded
2017
2019
Headquarters
New York
Singapore
Availability
Worldwide
Non-us

Cryptocurrency Rates

BTC Rate
1.5%
2.5%
BTC Max
5%
5%
ETH Rate
1%
2.5%
ETH Max
5%
5%
LTC Rate
LTC Max
DOGE Rate
DOGE Max
Stablecoin Rate
12%
6.5%
Stablecoin Max
17%

Fees & Financial

Compounding
Yes
Yes
Payouts
For flexible hourly, for fixed on redemption
Weekly
Fees
No
Yes
Lockup
0-30 days
None
Maker Fee
0.1
Taker Fee
0.1
BitMart Logo

BitMart Pros

No pros listed

BitMart Cons

    • Tiers for earn programs can be low
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