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Money & Insurance

Bake

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339 reviews

4.0339 reviews
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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

Goodbye

You can only swap between coins that they decide, unbelievable transactions fee. Just to make you understand: I'm making a 35$ withdraw with ETH. Current price for transactions is $1.55 | ~ 30 secs according to Ethscan. they're making Me pay 10$ and it's taking 25 minutes while it should be not more than 2$ and within 30 seconds. Goodbye-

Scam company

I had an account accruing interest with Bake which of course I had not looked at in years as crypto had been in a bear market. I then received an email from them saying inactive accounts will be shut down unless you log into your account. As my 2FA didn’t work I missed the deadline to check in with my account and it is now “irreversibly deleted” I apparently have 3 months to claim back any funds but have tried to contact their customer service to do so but can not get hold of them. I’m invested on many other platforms with good reputations that I trust fully but I believe unfortunately this company is one of the many very bad players in the crypto world.

Lost 99% of capital in the last 2,5 year

With the companies main coin "DFI", heavily advertised by the CEO in 2021, I lost 99% of the capital. Unfortunately, purchased at the highest point in time at an average of 4.68$/DFI on 08.12.21, when the CEO once again really activated the advertising drum. Proof on coinmarketcap! Today it's noted at 0.04$/DFI! Eventhough BTC has been rising, DFI is just loosing. It's not even worth to sell it anymore. Additionaly to the buy of DFI, I had to pay 130$ ONE-TIME fee for ETH address creation. Never had something before and after. I previously looked forward to invest more with Bake, but tested first with it's "great" :-(( DFI. (Check all the videos on Youtube at that time. Theres enough material) For me this is scam! Nothing more and nothing less.

From the very beginning

From the very beginning, this has been nothing short of bogus. Customer service has never been accessible. I deposited BTC only to follow instructions to freeze or whatever . 18 months later , it appears I have less then before I deposited. I have a new phone as mine was stolen. But I have same email access and know my log in information. Generic instructions to turn off the 2-FA auth (>5k) however I can’t access my account to do so. This whole app / idea has been a bunch of smoke screens and bull 💩.. Im heavily invested in crypto w/numerous platforms , I’ve done quite well. However this (cake defi) “BAKE” is the most consistently confusing junk app in the game. STAY FAR AWAY. you may as well just send all your BTC to a dead wallet. Same results, same emotions