# Bake (formerly Cake DeFi) — Invest in Crypto & DeFi > Transparent and secure platform for earning passive income on crypto investments. (iPhone/iPad app by Cake Pte Ltd.) - Source: https://appshunter.io/ios/app/bake-formerly-cake-defi/id1564415526 (this page in markdown: same URL + `.md`) - Developer: [Cake Pte Ltd](https://appshunter.io/developer/1564415528) - Category: Finance - Price: Free - Rating: 3.53/5 from 94 App Store ratings · 211 written reviews indexed - Age rating: 4+ - Requires: iOS 11.0 · 65 MB - Languages: English - Released: 2021-06-15 - Data updated: 2026-06-10 - Monetization: free with in-app purchases - User reviews in markdown: https://appshunter.io/ios/app/bake-formerly-cake-defi/id1564415526/reviews.md ## What is Bake (formerly Cake DeFi)? Control your financial destiny with Bake (formerly Cake DeFi) - the most transparent, safe and easy way to get returns on your crypto investments. Earn on Bitcoin, Ethereum, Matic, Solana, DeFiChain and many other cryptocurrencies, as well as stablecoins like USDC and EUROC. Crypto investors on Bake enjoy: SECURITY & TRANSPARENCY Bake is a financial services provider headquartered and registered in Singapore and is fully compliant with all regulatory requirements of the Monetary Authority of Singapore. • Paid over US$400M in customer rewards over 4 years. • Complete transparency on how yields are generated, with full access to blockchain information and transactions, e.g. our staking master nodes. • Secured by multisig and cold storage: Bake employs industry-leading security facilities to ensure your crypto assets are stored cold by default and hot only when it moves. CONTROL YOUR FINANCIAL DESTINY • Earn passive income on any of your cryptocurrencies including Bitcoin, Ethereum, DeFiChain, Matic, Litecoin, Tether, Solana and more • Easy to use interface: It has never been easier to make passive income with your crypto using Decentralized Finance (DeFi) services such as Staking, Liquidity Mining, YieldVault and more. • Deposit, withdraw, and start earning any time! No minimum investment. COMMUNITY • Join an awesome community of over 1,000,000 Bake investors just like you and start earning passive income with your crypto today. • Customers love Bake - speak with customers that have been earning yield on their crypto over the past 4 years in our community channels! • Personalized support - Bake's Customer Success is always ready to assist you. ELITE MEMBERSHIP • Join our new membership program ELITE and boost your rewards up to 2.5X. Twice a day. • Download the Bake app and start taking control of your financial destiny. About Bake (formerly Cake DeFi) Returns you can verify. Bake is the most transparent, safe and easy way to get returns on your crypto investments. You can take control of your financial destiny, buy Bitcoin and Ethereum directly on our platform, and even swap them to other popular coins or Decentralized Assets such as dTSLA or dAMZN. And it doesn't stop there: use our easy interface to enter Decentralized Finance (DeFi) services such as Staking or Liquidity Mining, and earn high yields passively on your crypto - all in the most secure and transparent way you have ever experienced. What are cryptocurrencies like Bitcoin or Ethereum? Cryptocurrencies are digital assets regarded as investments. They are secured by decentralized networks, not controlled by any individual actors, and are used in technical applications such as Decentralized Finance services or as a means of payment. Transactions are recorded in blockchains. The most popular cryptocurrencies are Bitcoin (BTC) and Ethereum (ETH). ## Key features - Earn passive income on crypto - Staking and liquidity mining - Transparent yield generation - Secure cold storage - Buy and swap cryptocurrencies - Elite membership for boosted rewards ## Recent user reviews (10 of 211) All indexed reviews: https://appshunter.io/ios/app/bake-formerly-cake-defi/id1564415526/reviews.md ### 1/5 — Unseriöses Verhalten bei dem Verifizieren *2024-12-11, version 7.1.1* Ich plante heute einen Teil meiner Assets zu verkaufen, da diese auf dem ATH waren. Leider musste ich mich rein zufällig heute reverifizieren, man wollte meine Adresse welche schon lange verifiziert wurde! Das Verifizieren dauert 1-3 Tage, in denen ich keinen Zugriff auf alle meine Assets habe!! Sobald ich wieder Zugriff habe, werden ich ALLE Werte von dieser Platform ziehen. So etwas lasse ich mir nicht gefallen! ### 1/5 — ARNAQUE / SCAM *2024-11-24, version 7.1.1* J’ai télécharger cette appli via une campagne de pub reçu sur le navigateur Brave ( qui est top au passage) j’ai investis 50€ et j’ai reçu 50€ en bonus . Les tokens était bloquer 6 mois tous se passer bien staking etc … le bear market est passer par là et le cours a chuter mais ce sont les risque de la crypto ce n’est pas le soucis … je me reconnecte sur mon compte récemment et a ma grande surprise portefeuille vider , je fait mes recherche et je m’aperçois que mes tokens on était saisie / voler / prélever pour des frais dit « Admin» . Bien heureux de ne pas avoir mis une plus grosse somme mais je vous partage mon expérience qui est totalement réel ne vous faite pas avoir !!! ### 1/5 — Komplett komplett ausziehen, bevor man irgendwas sieht *2024-10-12, version 7.1.1* Bevor man auch noch irgendwas sieht, weil auf der Internetseite gibt’s ja auch gar keine Infos, muss man komplett alle Daten angeben wie E-Mail Wand Telefonnummer und so weiter. Wird nicht passieren. Danke für die Zeitverschwendung. ### 1/5 — DİKKAT SCAM DOLANDIRICI *2024-10-04, version 7.1.1* Yıllardır stake ettiğim ürünler bir anda buhar oldu. Sakın güvenip para göndermeyin. Yazık olur. ### 1/5 — KYC *2024-10-03, version 7.1.1* I have more chance to join in NATO team ### 1/5 — Scam *2024-09-20, version 7.1.1* Should be removed from AppStore ### 1/5 — Suddenly the administration fees takes *2024-09-19, version 7.1.1* Suddenly the administration fees takes all my credit even if the stake and freezing period is not over. I did stake and freeze some cripto I got for free few years ago. Keep getting emails about interest rewards until it stoped so I checked and I see administration fees taken all my cripto away. No email gotten for that upcoming. Last years I didn’t see any administrative fees . So better keep my cro cripto.com app that in many years didnt disappoint me. Also Celsius disappointed me. ### 1/5 — Security Verification page doesn’t work *2024-07-25, version 7.1.1* Security Verification page doesn’t work where you verify using sms/email or authenticator app, so you can’t add withdrawal address for your crypto ### 1/5 — Not as easy as you think *2024-03-30, version 7.0.0* Steer clear unless you know what you are doing. I lost 90% of all the crypto I transferred to Bake. eg. I put in 0.1 BTC and now have 0.01 BTC. x that by all the other coins I moved in too. Do yourself a favor and search for ‘unrealised loss staking’ so you know what you are getting into and how it works. Otherwise you are gambling. ### 5/5 — Klasse App! Übersichtlich und schnell! *2024-03-16, version 7.0.0* Die App ist schnell und übersichtlich. Innerhalb der App gibt es auch ständig neue Updates. Da sollten sich andere crypto Apps mal eine Scheibe abschneiden. Ihr macht tolle Arbeit, weiter so! ## Frequently asked questions about Bake (formerly Cake DeFi) ### What does Bake do? Bake is a platform that allows users to earn passive income on their cryptocurrency investments. It offers various decentralized finance (DeFi) services like staking, liquidity mining, and yield vaults. Users can also buy, sell, and swap cryptocurrencies directly on the platform. ### How can I earn with Bake? You can earn by depositing your cryptocurrencies such as Bitcoin, Ethereum, and stablecoins into services like Staking, Liquidity Mining, or YieldVaults. The platform provides transparency on how yields are generated, and there's no minimum investment required to start earning. ### Is Bake secure? Yes, Bake emphasizes security and transparency. It is a registered financial services provider in Singapore and compliant with regulatory requirements. Crypto assets are secured by multisig and cold storage, with assets stored cold by default. ### What are the costs associated with Bake? The app itself is free to download and use, with no minimum investment required to start earning. There is an optional 'Elite Membership' program that can boost rewards, which likely involves a cost or specific conditions to join. ### Who is the target audience for Bake? Bake is designed for crypto investors who want to earn passive income on their digital assets. It's suitable for both beginners and experienced users due to its easy-to-use interface and transparent features. ## Version history (last 3 releases) ### 4.4.0 — 2023-06-21 Cake DeFi is now Bake! As a verb, bake implies action. Our new name reflects our commitment to empowering our users to take action, and to control their financial destiny. Bake stays true to our roots and retains the core of our DNA and mission. Bake it, make it. Love it. ### 4.3.0 — 2023-03-22 - Fixed Youtube fullscreen video not closing on left swipe - Fixed VIP not displaying correctly when app is opened - Fixed wrong coin display when doing Dex swap - Fixed various issues regarding user interface and functionalities ### 4.2.0 — 2023-02-21 - Fixed various issues regarding user interface and functionalities ## Apps similar to Bake (formerly Cake DeFi) | App | Rating | Price | Category | | --- | --- | --- | --- | | [MyCointainer: Earn Crypto](https://appshunter.io/ios/app/mycointainer-earn-crypto/id1481210557) | 3.5 (65) | Free | Finance | | [Nexo: Crypto Wealth Platform](https://appshunter.io/ios/app/nexo-crypto-wealth-platform/id1455341917) | 4.1 (1,740) | Free | Finance | | [PumpX -All-In-One Web3 Portal](https://appshunter.io/ios/app/pumpx-all-in-one-web3-portal/id1481024258) | 3.9 (167) | Free | Finance | | [Ember - Free Games. Big Wins.](https://appshunter.io/ios/app/ember-free-games-big-wins/id1406211993) | 4.7 (15,711) | Free | Finance | | [Nodle: Join, Earn & Pay](https://appshunter.io/ios/app/nodle-join-earn-and-pay/id1480763553) | 4.6 (4,082) | Free | Finance | | [Tornado: Invest Better](https://appshunter.io/ios/app/tornado-invest-better/id1481266478) | 4.7 (2,962) | Free | Finance | --- *Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-06-10.*