Nexo

M2 vs Bake

M2 Logo

M2

M2 is a crypto exchange and crypto interest account platform. It pays interest on BTC, USDT, ETH, SOL, DOGE and other altcoins. Choose an Earn Plan You will see three earning plans: Flexible, Fixed, and Custom. Choose the plan that best ...

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
M2 Platform
Bake Platform
Website
Bonus
$30 after $50 deposit
Token
MMX
DFI
Founded
2023
2019
Headquarters
UAE
Singapore
Availability
Not available in the US
Non-us

Cryptocurrency Rates

BTC Rate
3.5%
2.5%
BTC Max
6.5%
5%
ETH Rate
3.5%
2.5%
ETH Max
6%
5%
LTC Rate
LTC Max
DOGE Rate
3.5%
DOGE Max
Stablecoin Rate
9%
6.5%
Stablecoin Max
13%

Fees & Financial

Compounding
Yes
Yes
Payouts
Daily (must be redeemed)
Weekly
Fees
Yes
Yes
Lockup
30-360 days
None
Maker Fee
0.1
Taker Fee
0.1
M2 Logo

M2 Pros

    • Competitive interest rates

M2 Cons

    • Lockup required for best rates
    • Earnings must be ‘redeemed’
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