Nexo

Crypto.com vs Bake

VS

General

Platform
Crypto.com logo
Bake logo
Founded
Crypto.com 2016
Bake 2019
Headquarters
Crypto.com Hong Kong
Bake Singapore
Availability
Crypto.com Worldwide, all US states except NY
Bake Non-us

Fees & Financial

Bonus
Crypto.com $25 after reserving credit card (requires CRO purchase)
Bake $30 after $50 deposit
Token
Crypto.com CRO
Bake DFI
Compounding
Crypto.com No
Bake Yes
Payouts
Crypto.com Weekly
Bake Weekly
Fees
Crypto.com Yes
Bake Yes
Lockup
Crypto.com None (flexible), 1 month, 3 months
Bake None
Maker Fee
Crypto.com
Bake
Taker Fee
Crypto.com
Bake

Cryptocurrency Rates

BTC Rate
Crypto.com 0.2%
Bake
BTC Max
Crypto.com 5%
Bake
ETH Rate
Crypto.com 0.2%
Bake
ETH Max
Crypto.com 5.5%
Bake
Stablecoin Rate
Crypto.com 0.5%
Bake

Pros

No pros listed

Cons

  • Deposit minimums required to earn interest
  • Does not compound
  • Requires CRO to unlock best rates

Pros

  • Broad array of defi-like products and yield opportunities
  • Fully owned by both co-founders

Cons

  • Products are more complex or require more lockup time than other platforms

Earn Interest on Crypto