About Bake
Data updated- Website
- bake.io
- Category
- Money & Insurance
- Location
- Singapore
- Status
- Unclaimed
- Last 12 months
- 4 reviews
- Replies to negative
- 36% (24/66)
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About this business
Control your financial destiny with Bake. Bake is the most transparent, safe and easy way to get returns on your crypto investments. Our mission is to level the investment playing field by empowering anyone to control their financial destiny. Start my Bake journey → No crypto? No problem! Buy crypto with fiat currencies at low fees, or deposit coins from your external wallet. Build my crypto portfolio → Discover the perfect Bake service that’s right for you. Whether you are a newbie or a native investor, we have services for every appetite. Maximize my crypto wealth → Our services are powered by DeFi and are designed to help you effortlessly generate stable yields and cash flow from your crypto. Services at Bake Staking Join fully transparent staking pools and receive your rewards twice a day – perfect for long-term wealth creation. Up to 10.25% APY Liquidity Mining Deposit your favorite coins into shared liquidity mining pools and generate passive income with minimal fuss. Up to 29.3% APR YieldVault Our most beginner-friendly service. The simplest way to earn competitive returns on today's most popular crypto. Up to 9.95% APY Support for 31 different coins
Written by the business, not verified by us.Is Bake legit?
Bake (bake.io) has a 4.0 out of 5 rating on OK.one, based on 339 user reviews collected here. It is listed under Money & Insurance and its reputation is good. 78% of reviews are 4 stars or higher and 18% are 1 star; The business has replied to 36% of negative reviews; 4 of them were added in the last 12 months. Last updated 2026-10-24.
What people say
Great platform
Great product offerings
Great product offerings, Easy as 'Cake' to familiarize yourself with the options 😸 Love the email follow-up reports 🤓!!!
Sir mf fees and very slowly
Sir mf fees and very slowly But good bonuses 40+$ 👅
Si far so good with transparency and…
Si far so good with transparency and rewards. I don’t like to give 5 until I have been in for a year.
Useful
Cace DeFi is great! Many ways to grow your money.
Low fees, high APRs. Sketchy security
low fees, and high APR's, is a great website. I'm weary about the security though. We'll see but I'm hedging in Defi Wallet
Cake defi is the G.O.A.T of crypto houses <3
Your customers service is THE BEST of ANY of my crypto "houses"/exchanges - hands down! [ Pedar and Fabrizio are freaking awesome! Seriously give those guys a raise =] *However, I would love to see a "fiat to crypto option" - an "on-ramp". I would, also, like to see more investment options for us Yanks. ( I know my country's banking system is a pain to deal with - sorry! ) That being said, the "freezer" concept needs to be explained a bit better, especially to newbies. ( They think the APY "results"are calculated on USD deposited, not actual "mining shares" purchased. ) Some of them don't even understand that this is basically a form of long-term "yield farming". Just saying... Otherwise - good job guys !
Yes,Good app
Yes,Good app. They give you great reward when you join them. But after joining them they explain your reward is frost and will be paid to you after 1,5 year. 18 months. Thx
Poor service and fraud
The worst platform ever. Impossible to complete the KYC, I can't confirm my address because the information is written there is in Cyrillic. Poor customer service, when I asked to delete my data they refused and suspended my account. Think twice before deposit funds there. NOT recommended
Reply from Bake2022-11-16
Dear, thank you for reaching out. Your feedback is very important to us. We are always taking measures to improve our products and services. We have just changed the KYC process. Now, our customers may sign up using different levels of verification. Please check this link for more information: https://support.cakedefi.com/hc/en-us/articles/11657133953945-KYC-Verification-Levels-Overview. Our customers are empowered to request to close their accounts at any moment and our customer support will be happy to do so. Regarding your data, please note that Cake DeFi is required to retain users data for at least 5 and 8 years following the account closure or completion of value transfers or transactions under the AML/CTF laws in Singapore and Lithuania respectively. Please shoot us a message at https://support.cakedefi.com/hc/en-us/requests/new with further details. We'll be more than happy to assist you. Cake DeFi Customer Success Team
Great and useful and for passive…
Great and useful and for passive earning. However, it would be much greater for a 5-star app if you provide an exchange for user to buy DFI/USDT or DFI/USD, etc...
Great Defi platform
Great Defi platform, but when you do liquidity mining DYOR about impermanent loss, so you understand it. I deduct one star because you need another exchange to convert your DFI into USDT and e.g. EUR.
Excellent app
Excellent app. Updates are non intrusive. Simple app to use and a great intro to further your crypto education on wallets and staking. No complaints. Keep up the great work team cakedefi.
Reply from Bake2022-02-25
Hey, thanks for your awesome feedback. What can we do to get 5 stars from you?
Good returns so far (6 months).
Good returns so far (6 months). If the service and returns remain consistent for a year I will increase my rating.
Reply from Bake2022-02-21
Thank you for your feedback. Happy Baking 🍰
Average and rather complex
Awesome.
Cool.😎 Does the job.
No big issues so far
No big issues so far. Seems legit, they keep you informed. Looks very transparent. And really fast.
Reply from Bake2022-01-22
Happy to hear! Happy Baking 🍰
All these reviews seems to be scripted…
All these reviews seems to be scripted in a way. I’ve been using cake since a year. I really like the app so I’m not sure why some people are trying to promote little bit too much making it look like a pyramid scheme. Overall very good app. I’ll keep using it until something really changes in the fundamentals.
Reply from Bake2022-01-17
Thank you for your feedback! Happy Baking 🍰
Cafe DeFi
Decent rewards, costly to exit and exchange. Fairly high risk due to location, but overall was satisfied with weekly rewards
Reply from Bake2022-01-17
Thank you for your feedback! Happy Baking 🍰
Cake is great
Cake is great! Done my first full week. Need to ask about the 15% fee on the rewards. But still very Good APR even if they take 15% off.
Reply from Bake2022-01-17
Hey Andrew, thanks for your feedback. I'll be happy to take your feedback on board about our service fees and discuss it with our techteam. Happy Baking 🍰