The platform has recently undergone a business sale and is now under new ownership. As part of this transition, the license exemption previously held by Cake Pte. Ltd. for the Bake Platform has been discontinued. Unfortunately, this means we will no longer be able to offer our products and services in Singapore.
We remain committed to supporting you through this transition. Please find the key details and next steps below to assist you.
Key Details:
Effective Date: Your account will be restricted, and access to the Bake platform will be discontinued from 1 May 2025.
Withdrawal Period: We are providing a three-month period for you to withdraw your digital assets. The deadline for withdrawals is 30 April 2025.
Post-Deadline Support: After the withdrawal deadline, any remaining balances will be managed by the new owner. Please note that administrative handling fees may apply to unclaimed balances.
What You Need to Do:
Withdraw Your Digital Assets: Log in to your Bake account and transfer your funds to your preferred external wallet.
Act Promptly: Ensure all withdrawals are completed before the deadline to avoid additional administrative processes.
While we will no longer be serving customers in Singapore, we will focus on enhancing the platform’s services for other regions. We sincerely apologize for any inconvenience this may cause and appreciate your understanding as we align with regulatory requirements.
If you have any questions or require assistance with the withdrawal process, please do not hesitate to contact our support team at https://support.bake.io/.