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Baking Hot Summer Campaign FAQs
Baking Hot Summer Campaign FAQs
Updated over a week ago

Campaign Info

When does the campaign start and end?

The campaign kicks off on August 1st 2023 (date inclusive, Singapore time) and will continue until January 31st 2023 (date inclusive, Singapore time).

How can I join this promotion?

Each time YOU make a recurring buy on Bake you will:

  • Get up to an 11% monthly bonus on your principal, paid out immediately

  • Collect tickets for the Summer Giveaway

Each time YOUR REFERRAL makes a recurring buy on Bake you will:

  • Earn a commission up to 1.5% on your referral’s principal, paid monthly

  • Collect even more tickets for the Summer Giveaway

  • Boost your Recurring Buy commissions by up to 2.5x each month, if you are among the top referrers

Make sure you sign up as an ELITE member, to earn higher bonuses, better commissions and to collect double tickets.

Referral Commissions FAQs

Who can refer people and earn commissions?
All Bake users, excluding German residents and regions where bonuses are currently unavailable, can refer people and earn a commission.

How much commission can I earn for my referrals?

Earn guaranteed commissions up to 1.5% (paid out monthly) whenever your referral does a monthly recurring buy. The more your referrals are on recurring buys, the bigger your commission.

How does the Commision Boost boost work?

Each month we will give away commission boosts to the top 10 DCA referrers in each category. Referrers can win in multiple categories.

*Commission boost =
Boost % x total amount of commission you earned via recurring buys in that month (based on calendar month).

Can I earn a commission from my existing referrals?

Yes, you can earn a commission for every referral that starts a recurring buy, including the existing ones. However, the referral tier is based on the recurring buy referrals only.

When and how will the commission be distributed?

The commission will be paid out in DFI and distributed monthly on the date that your referral has set for the recurring buy to start. The commission will be automatically entered into 3-months Fixed Staking.

Is there a maximum limit on how many people I can refer or how much in commissions I can earn?

No, there is no maximum limit on how many referrals you can make or how much in commissions you can earn. The more referrals, the more commissions!

Can I use the commission reward immediately?

The commission reward will be paid out on the 1st of every calendar month, and automatically entered into 3-months Fixed Staking. You will be able to take out your bonus, once the Fixed Term reaches maturity.

Summer Giveaway FAQs

Who can participate in the giveaway?

The giveaway is open to all Bake users.

How can I collect tickets for the Summer Giveaway?

Every time you or your referral creates a recurring monthly buy, you collect tickets which enter you into the lucky draw.

Make sure you sign up as an ELITE member, to earn higher bonuses, better commissions and to collect double tickets.

Please note, raffle tickets will be given only once per month / per customer that does DCA. E.g. if your referral cancels the recurring buy and set it up again the same month, no further tickets for the same month will be obtained.

What can I win?

Work together as a community to reach milestones. At each step, Bake will award prizes to randomly selected community members. Increase your chances of winning by collecting more tickets.

Cumulative DCA (by unique users)

Prize

Winners

1M

Tesla

1

200K

1 BTC

1

100K

1 ETH

10

20K

1 ETH

5

5K

iPhone 14

3

2K

1 ETH

1

1K

AirPods Pro

5

Can I win more than one prize?
Yes, you can win more than 1 prize. So the more you buy/refer, the higher the chance you win a Tesla.

Does the ticket number reset after each milestone?

No, the ticket number is perpetually cumulative. So you don’t lose your ticket after each milestone is reached or your referees stop their recurring buy.

Other FAQs

Do I (or my referrals) need to meet a minimum purchase amount for the recurring buy to qualify for the promotion?

The minimum purchase amount is US$10.

Is there a maximum limit on the purchase amount for the recurring buy that qualifies for the promotion?

The maximum limit is US$999,999.99.

Is the recurring buy feature available on the website (desktop)?

Setting up recurring buys is available only on mobile app for both Android and iOS.

You can download our Bake mobile app both on the Google Play Store and the Apple App Store via the links below:

Where can I get more information about recurring buys?

Please refer to our Recurring Buys FAQs for more information.

How can I get started with recurring buys?

Please refer to our step-by-step guide here: How to set up recurring buys in my Bake account?

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