Bake Referral Code: $10 Bonus Offer (+$10 DFI Promo)

New users that join Bake with referral code 939751 will get a $10 bonus in DFI tokens. To earn the sign-up bonus, you need to create an account using the promo code, deposit at least $50 worth of crypto, and allocate it to Staking or Liquidity Mining for 30 days.

Already a Bake customer? Refer friends and earn a $10 DFI bonus for every person who successfully joins and completes the referral requirements.

Full step-by-step details of this offer below along with other Bake promotions for new and existing users.

This post may contain affiliate links, meaning I get a commission at no cost to you if you decide to make a purchase through my links. Visit this page for more information. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

What is Bake?

Bake (formerly Cake Defi) is a platform that allows users to put their crypto to work. Earn cashflow from your cryptocurrencies through:

  • Lending: Earn up to 10% APY from freezing your crypto (i.e. freeze 0.01 Bitcoin for 30 days and get back your capital + interest at the end of the freeze).
  • Staking: Earn staking yields of up 34.9% APY by joining mastermode pools without the complexity of running nodes yourself.
  • Liquidity Mining: Earn up to 238.81% APY by depositing your favorite coins into shared liquidity mining pools and mine popular coin pairs for high rewards.

Plus, when you open an account with Bake, you can get a $30 bonus in DFI tokens. DFI is the DeFi Blockchain (DeFiChain) native token.

Bake Referral Code: 939751

Join Bake with referral code 939751 and you’ll receive $10 DFI bonus once you make a deposit of $50 or more (with any coin).

How To Get $10 DFI Referral Bonus

  1. Open a Bake account using this link or enter promo code 939751 during the sign up process.
  2. Complete KYC identity verification.
  3. Deposit at least $50 (in cash or any crypto) into your new Bake account and allocate it to Staking or Liquidity Mining.
  4. Maintain the allocation for one month.
  5. Receive $10 DFI bonus which will be locked for 180 days.

While your DFI bonus is locked, it will earn 34.90% APY from staking. After 180 days, you can sell and withdraw your bonus or continue to stake your bonus.

Cake Defi Referral Code: Promo or referral code text field
(Image from Cake Defi app)
Crypto PlatformPromotionLink
Coinbase logo$200 BTC BonusLink
Kraken logo$10 BTC BonusLink
eToro logo$10 BonusLink
Gemini logo$15 BTC BonusLink
TradeStation logoUp to $5,000 BonusLink
bitFlyer logo$15 BTCLink
Nexo logo$25 BTC BonusLink
Crypto.com logo$25 CRO BonusLink
Cake Defi logo$10 DFI BonusLink
Phemex logo$160 BonusLink
Binance.US logo$40 Cash BonusLink
Luno logo$35 BTC BonusLink

Other Bake Promotions

This section will list other Bake promotions available to new or existing users. All offers and promos will be listed and detailed separately.

Offer #1: Bake Referral Bonus

Refer friends to Bake and get a $10 DFI bonus for every successful referral. Plus, earn a 1% bonus per annum based on all your friends’ assets.

Your friend will also get a $10 DFI bonus when they make a first deposit of $50 or more and allocate it to Staking or Liquidity Mining for one month.

Both bonuses will be locked for 180 days in the freezer, but will earn 37% APY in staking returns during this time. Afterwards, you can sell the DFI tokens, withdraw them to another wallet, or continue to stake your bonus.

Full details of the Bake Referral Program here.

Offer #2: Bake Pizza Day Promo

Celebrate Bitcoin Pizza Day and win 365 days of free pizza ($5,500 in BTC) to celebrate if you predict the BTC price correctly. Additionally, guess the DFI price and win one month of free Bake ELITE membership.

Must submit answer by the end of May 2023. BTC and DFI price will be taken on 23:55 SGT on June 7, 2023 from CoinMarketCap.

Once you’re a Bake customer, you can submit your guesses here.

The Bottom Line

Good deal. Bake also charges very reasonable fixed withdrawal fees for most cryptocurrencies (besides Tether and USDC):

  • Bitcoin: 0.0005 BTC
  • Ethereum: 0.002 ETH
  • Litecoin: 0.01 LTC (about $1.50)
  • Dash: 0.003 DASH (DASH is no longer supported)
  • DeFiChain: 0.2 DFI
  • Tether: 90 USDT
  • Dogecoin: 5 DOGE
  • Bitcoin Cash: 0.001 BCH
  • USDC: 90 USDC

I transferred Litecoin from another exchange and transferred it to Bake to qualify for this referral bonus. Here’s what I did:

  1. Bought BTC on Gemini by bank ACH (a little more than $50 to account for transfer fees)
  2. Transferred BTC from Gemini to Bake
  3. Received $30 worth of DFI from Bake

You need transfer a little bit over $50 worth of crypto assets just in case the value goes down during the time it takes to transfer. This is so you won’t lose the bonus if the transfer ends up being, for example, $49.50.

Other platforms platforms with good bonuses and low fee transfers include Gemini, Okcoin, Nexo, Binance.us, and Kraken.

Feel free to post your own referral codes in the comments below. I’ll add this deal to the list of the best crypto offers.

About John Pham

John Pham is a personal finance expert, serial entrepreneur, and founder of The Money Ninja. He has also been fortunate enough to have appeared in the New York Times, Boston Globe, and U.S. News & World Report. John has a B.S. in Entrepreneurship and a Masters in Business Administration, both from the University of New Hampshire.

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