Cake DeFi helps you generate constant cash flow from your cryptocurrencies with a simple-to-use platform that makes complicated processes like Lending, Liquidity Mining, Freezer Services, and Masternodes Staking easily available for everybody.
Basically, by holding your cryptocurrencies with Cake DeFi, you can put them to work through a variety of investment options that earn high interest rates and generate constant cash flow.
Plus, when you sign up via this $30 Cake DeFi Referral Link, you’ll get $30 worth of DFI tokens when you make your first deposit of any crypto for $50 or more into their Lending, Staking Freezer, or Liquidity Mining Freezer product.
Your $30 worth of DFI will be locked for 180 days, but it will earn over a 30% APY during that time, and it can be withdrawn thereafter.
It’s free to sign up for Cake DeFi (KYC verification required), and the user-friendly platform makes it simple to earn cash flow from your crypto holdings.
Cake DeFi Crypto Investing Options
Cake DeFi gives you several options to generate cash flow from your cryptocurrencies:
- Buy Crypto with USD/EUR: You can buy Bitcoin, Ethereum, DeFiChain, and other cryptocurrencies directly with USD/EUR, which you can then use with the other products offered by Cake DeFi to generate high returns and rewards.
- Lending Services: By Lending your Bitcoins, Ether, USD Tether, and USD Coin, you can earn passive income, and your capital and returns are fully guaranteed and risk-free.
- Freezer Services: The Freezer is like a loyalty program that rewards you for committing your funds with Cake DeFi for a certain period of time, ranging from just 1 month to up to 10 years, and it is available for funds allocated to the Staking and Liquidity Minding products.
- Masternodes Staking: Without the complexity of running nodes yourself, you can join fully-transparent masternode pools to earn staking yields for up to a 37% APY in real-time.
- Liquidity Mining: To earn the highest rewards offering up to a 200% APY or more, deposit your crypto into shared liquidity mining pools to mine popular coin pairs with ease.
Get $30 in DFI Tokens from Cake DeFi
1. Join via this $30 Cake DeFi Referral Link and enter Referral Code “186783” during registration.
2. Complete the full KYC verification process (submit images of ID and proof of address).
3. Make your first deposit into Cake DeFi for $50 or more worth of any crypto into their Lending, Staking Freezer, or Liquidity Mining Freezer product.
4. Immediately receive your $30 bonus worth of DFI tokens deposited into the Cake DeFi Freezer Program.
5. Your $30 DFI bonus funds will be locked for 180 days and will automatically yield over 30% APY staking returns during this time.
6. After the 180-day period, you may withdraw or continue to stake your bonus funds as you please.
7. To withdraw and sell your DFI tokens, please see the instructions below.
How to Withdraw and Sell DFI Tokens from Cake DeFi
1. To withdraw your DFI tokens from the Cake DeFi platform in order to trade them for BTC/USDT and/or sell them, you must follow these instructions for residents of the U.S.A. as well as elsewhere in the world.
2. Since you can’t sell DFI tokens for USD or trade DFI tokens for BTC or another cryptocurrency directly on the Cake DeFi platform, you must Open a Free KuCoin Account to start this process (KuCoin works best for residents of the U.S.A.).
3. Once you open your KuCoin account, visit the “Main Account” section, and then search for “DFI” to find the DFI/DeFiChain token.
4. Once you locate the DFI token, click the “Deposit” option to access your DFI deposit address.
5. On the Deposit Crypto page, make sure that “DFI” is listed in the Select a Coin option, and then choose “DFI DeFiChain” in the Select a Network option.
6. You will then be provided with your DFI deposit address, which you must copy and paste into the Cake DeFi platform, so copy your address.
7. Once you copy your DFI deposit address, go to your Cake DeFi account and visit your “Balances” section, which can be found under the Menu (the baker hat at the top-right of the website).
8. You should see “DeFi DFI” under your balances in Cake DeFi, and you then click the “Withdraw” option for DFI.
9. On the Withdraw DFI form in Cake DeFi, enter the amount of DFI that you wish to withdraw, choose the DeFiChain as your Transfer Network, and then enter your DFI deposit address that you copied from your KuCoin account into the “To DeFiChain Address” field.
10. To initiate the withdrawal, you’ll need to enter your Cake DeFi two-factor authentication code to authorize the transfer, then check the box at the bottom to confirm you control the address, and finally click the “Withdraw” button.
11. Your initial transfer from Cake DeFi to KuCoin may take a few days, but subsequent transfers will usually take about 10-20 minutes.
12. Once your DFI tokens reach your KuCoin account, you should see them listed under your Main Account balances.
13. To trade your DFI in KuCoin, you must click the “Transfer” option next to DFI under your Main Account balances, and then transfer your DFI from your Main Account to your Trading Account.
14. From your Trading Account in KuCoin, you click the “Trade” option next to your DFI tokens, and choose between the DFI/USDT and DFI/BTC trading pairs, which will then take you to the trading platform.
15. Although the KuCoin trading platform looks complicated at first (or at least busy), it’s pretty simple to use, and you’ll need to create a trading code or enter your trading code in the bottom-right corner to get started.
16. Once you enter your trading code in KuCoin, you’ll see the options to “Buy DFI” or “Sell DFI” in the bottom-right corner, and you can choose between Limit, Market, and Stop Limit order types.
17. After you choose your order type, like Market for example, you will then choose the amount of DFI that you want to sell, and click the “Sell DFI” button to initiate your trade from DFI to USDT or BTC.
18. Once you’ve completed your DFI sale in KuCoin, you’ll need to transfer your USDT or BTC from your Trading Account back to your Main Account in order to withdraw it from KuCoin to another exchange, where you can then sell it for U.S. Dollars and withdraw it to your external bank account.
19. Under your Main Account balances in KuCoin, click the “Withdraw” option next to your USDT or BTC, and then fill in the external wallet address and choose the corresponding network to transfer your USDT or BTC (e.g., Coinbase, Voyager, etc.)
20. Once you transfer your USDT or BTC from KuCoin to another crypto exchange that offers USDT or BTC sales for U.S. Dollars, you can then sell your USDT or BTC for U.S. Dollars and withdraw the funds to your external bank account.
Cake DeFi “Give $30, Get $10” Referrals
Once you join Cake DeFi, you can get $10 worth of DFI for every referral who makes their first deposit of $50 or more, plus your referrals get $30 worth of DFI, so everybody wins.
Every new user who joins Cake DeFi with your referral code and makes a first deposit of $50 or more worth of any crypto into their Lending, Staking Freezer, or Liquidity Mining Freezer product will earn $30 worth of DFI tokens.
Once your referrals make their first deposit of $50 or more worth of any crypto into their Lending, Staking Freezer, or Liquidity Mining Freezer product, you will also earn $10 worth of DFI tokens.
On top of the $10 DFI tokens bonus, you will get a maximum referral bonus that equates to 1% per annum on all the assets that your referrals hold on the Cake DeFi platform for Staking, Lending, and Liquidity Mining.
To earn the maximum 1% bonus, you must refer 10 or more people, and you’ll earn 75% of the maximum referral bonus for 6-9 referees, 50% for 3-5 referees, and 25% for 1-2 referees.
The referral rewards that you earn will be locked and staked in the Freezer Program for 180 days with over a 30% APY.
There are no limits to how many referrals you can have or how much you can earn from Cake DeFi.
If you are looking for an easy way to generate income from your cryptocurrencies, try Cake DeFi to put your crypto to work for you.
Find More Cryptocurrency Promos
Check out more posts from our Cryptocurrency Promos Category below:
- Uphold Digital Currency Wallet $20 BTC Bonus
- Ledger Crypto Hardware Wallet $10 BTC Bonus
- Blockchain Crypto Wallet $10 BTC Bonus
- Strike Bitcoin Payment App $5 Bonus
- Lofty Tokenized Real Estate $50 Free Credit
- Bitcoin Self-Directed IRA $150 Bonus
- Gemini Crypto Exchange $15 Bonus
Review these top cryptocurrency promotions to earn extra sign-up bonuses for opening new crypto wallets and digital currency accounts.
Brian says
I have been using Cake Defi for almost 2 months now, the potential earnings is much higher than leaving your money sitting in a bank’s savings account. with just $915 total invested I have earned just over $40 in interest. I have $8000 in my savings account with CIBC and it only made 0.42 cents. I am only just starting in crypto and I’m investing what I can afford to lose in the event anything goes bad. I am going to move about %25 percent of my disposable income into cake going forward. The great thing is you don’t have to be super rich to make gains with a platform like cake.
You should give it a try. Tips I learned as a canadian are #1 buy your bitcoin from an exchange and not the link provided on Cake as the fees and the spread on the crypto rate is high. I used Cakes link for Banxa when I first signed up and you can get more by using an exchange. I now buy bitcoin with Shakepay (I’m in Canada) . If you want to join shakepay use my referral link and you and I will get a $30 bonus when you buy $100 worth of crypto. Thats a great deal!
https://shakepay.me/r/UOKDDOD
And if you would like to sign up for cake please use my referral link to get an extra $10 signup bonus which is in additional to their $20 sign up bonus for a $30 total sign up bonus. I will receive $10 if you use my link. And as a hint send a bit more that just %40 worth of BTC to cake as you don’t want the BTC value to drop and your amount arrives at cake being worth only $49.98 lol trust me many people make this mistake it has to be worth a Min $50 when it arrives at cake. I sent $55 myself to ensure I’d have no issue in getting the Bonus $30.
You can use the link provided or just find your own way to cake and use referral code 244576.
https://app.cakedefi.com/?ref=244576
Thanks
Brian
Cake Referral Code 24576
Sakepay Referral code UOKDDOD
Zane says
When you deposit 50k Doge coins a week ago planning to get interest and can only withdraw 45k something doesn’t seem right. That’s after buying a bunch of DFI at an inflated exchange rate and there does seem to be a withdraw fee which per the website Q&A there shouldn’t be. I am not sure how that can be satisfying to non shills
Jae says
How does this really work
Luis Sousa says
Although the offer is true and you get the $30 worth of DFI they also have quite high fees for withdrawal, atm 0.0005 for BTC withdrawal and that your deposit will also be lockek, in Lapis-BTC in the case of BTC, meaning that if you go just for the bonus then your earnings will not be as the $30 advertised and you might not be able to withdraw the deposited BTC right away.
If you are considering their services, 37% for DFI, and 7,5% in BTC are some pretty decent rates for crypto interest.
Jon says
How do you withdraw DFI? can you withdraw it directly to a DFI wallet at Bittrex? When you click on withdraw it states to use a defi address, I don’t want to mess up the withdrawal and lose money.
Kakinho says
Indeed, as one other post here indicates, you can buy Crypto on Cake through Banxa using your credit card. They have very low fees for credit card purchases of crypto. I wish I had seen the previous post beforehand because it’s cheaper to acquire crypto this way than transferring from another wallet.
Kakinho says
I deposited $34 in Bitcoin but didn’t see my bonus automatically applied. Nota bene: On their website it says that you need to deposit $50 (rather than any amount) to get a bonus. I have contacted them and I hope that I will still be rewarded. Otherwise, I will have to transfer or purchase again, which means more fees. :(
MM Team says
Hello Kakinho, Pool by Cake DeFi has updated the terms of their bonus offer from depositing “any amount” to $50 worth of crypto in order to qualify for the bonus. I have updated the above article accordingly. Thank you for pointing that out. Best wishes.
Dave says
Hello!
I used the referral code in the post to open my account and went through KYC. There is a pretty decent option to purchase BTC or ETH through the app using BANXA. Banxa requires additional KYC, but the fees are very competitive, so I did it. The more times you move crypto around, the more you lose in fees. So if I bought some on Coinbase, then moved it to Cake, I would lose a bit in fees. IMO it is better to buy directly on this platform if you want to use it there.
Be careful when putting in your birthdate, as it is in the European order (date first, not month first), not the U.S. order and you want to make sure it is correct so there are no hang-ups.
I am going to try the liquidity option first, you need to have equal amounts of the two cryptos to start. I am just going to try with $30 and see how it goes. I would really appreciate it if you would use my referral code to get $30 worth of DFI for free on your first deposit. Thanks!
https://pool.cakedefi.com/#?ref=297346
mr. nice guy. says
set is up but how do you fund the account? They have no answered me.
Dave says
Hi! Just saw your comment, sorry! To deposit coins:
1. .finish KYC
2. CLICK the hat in the upper right corner.
2. Click balances
3. Click deposit
Hope that helps!
Jae says
Is this worth it?