Euro SEPA Deposits Are Now Live on Bake!
We’re excited to announce that our European community can now deposit Euros directly into Bake accounts via SEPA transfers! That means a faster, simpler, and more cost-effective way to fund your crypto journey—no third-party services required.
What is SEPA?
SEPA (Single Euro Payments Area) is a standardized payment network that connects 30+ countries in Europe, allowing for fast and low-cost Euro transfers.
Why should I use SEPA to deposit Euros?
With SEPA on Bake, you can:
Deposit Euros directly—no intermediaries
Use SEPA Instant for near-instant transfers
Start with as little as €5
Enjoy zero deposit fees for the first 30 days
After this promotional period, we’ll introduce a fair fee structure based on user feedback and usage patterns.
How do I make a SEPA deposit?
Log in to the Bake app
Tap “Fund-in” from the Home screen
Carefully review the instructions and confirm
You’ll receive your personal SEPA bank details
Make the transfer from your bank, including the reference ID
Once processed, the funds will be automatically credited to your Bake account
Is there a minimum deposit?
Yes, the minimum SEPA deposit is €5.
Are there any fees?
No! All SEPA deposits are fee-free for the first 30 days. After that, a transparent and fair fee structure will apply.
Can I withdraw Euros?
We're excited to bring you a safe and efficient way to withdraw your Euros:
Fast, direct SEPA transfers to your bank
Minimum withdrawal amount: €15
Withdrawal fee: €5 + 0.2% per transaction
Please contact our support team for further details.