Bake charges a small withdrawal fee to cover blockchain fees and administrative costs.
Please note: Bake constantly adjusts fees in accordance with current market conditions, and aims to offer the most competitive rates. You can view the withdrawal fee in your dashboard before making a withdrawal request. Furthermore, since we are a leading lending and staking service provider and not an exchange, our storage system varies slightly from those on exchanges.
We employ the highest security standards and practices for our customer’s funds, involving a complicated custody system with cold storage and multi-sigs authorization to protect your assets. We have an elaborate screening and review process combined with a security hold period to maximise your funds security.
Bake charges a fixed withdrawal fee.
For cryptocurrencies on their native blockchain:
Bitcoin: 0.0007 BTC
Bitcoin Cash: 0.001 BCH
Dash: 0.003 DASH
DeFiChain: 0.2 DFI
Ethereum: 0.015 ETH
MATIC: 0.1 MATIC
Polkadot: 0.5 DOT
Solana: 0.01 SOL
Sui: 0.02 SUI
Tether: 25 USDT
USDC: 25 USDC
Euro Coin: 25 EUROC
Litecoin: 0.01 LTC
Dogecoin: 5 DOGE
For cryptocurrencies using the DeFiChain network:
DeFiChain: 0.2 DFI
Bitcoin: 0.00006 BTC
Ethereum: 0.002 ETH
MATIC: 0.1 MATIC
Polkadot: 0.001 DOT
Solana: 0.01 SOL
Sui: 0.01 SUI
Tether: 1 USDT
Litecoin: 0.008 LTC
Dogecoin: 2 DOGE
Bitcoin Cash: 0.0001 BCH
USDC: 1 USDC
For cryptocurrencies using the Ethereum (ERC-20) network:
Ethereum: 0.015 ETH
DeFiChain: 100 DFI
MATIC: 30 MATIC
Tether: 25 USDT
USDC: 25 USDC
EUROC: 25 EUROC
For Decentralized Assets (dTokens)
dGME: 0.005 dGME
dARKK: 0.009 dARKK
dPLTR: 0.045 dPLTR
dQQQ: 0.002 dQQQ
dBABA: 0.007 dBABA
dTLT: 0.006 dTLT
dVNQ: 0.008 dVNQ
dSPY: 0.002 dSPY
dTSLA: 0.001 dTSLA
DUSD: 1 DUSD
dAAPL: 0.005 dAAPL
dGOOGL: 0.0003 dGOOGL
dSLV: 0.043 dSLV
dPDBC 0.058 dPDBC
dGLD: 0.0055 dGLD
dURTH: 0.00635 dURTH
Please note that withdrawal fees are constantly adjusted according to current market conditions. You can view the most recent withdrawal fee in your dashboard before making a withdrawal.
Are ETH & USDT withdrawals processed as Smart Contracts?
Our system processes all ETH and USDT withdrawals via Smart Contract. So, please, please, please ensure your destination wallet can receive ETH via Smart Contracts.
Read also: “How are ETH & USDT (ERC20) fees calculated”