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: 0.002 BCH
DeFiChain: 1.0 DFI
Ethereum: 0.010 ETH
MATIC: 0.5 MATIC
Polkadot: 0.5 DOT
Solana: 0.01 SOL
Sui: 0.1 SUI
Tether: 25 USDT
USDC: 25 USDC
Euro Coin: 20 EUROC
Litecoin: 0.01 LTC
Dogecoin: 5 DOGE
NEAR: 0.15 NEAR
CARDANO: 1.5 ADA
For cryptocurrencies using the DeFiChain network:
DeFiChain: 1.0 DFI
Bitcoin: 0.00007 BTC
Ethereum: 0.001 ETH
MATIC: 0.5 MATIC
Polkadot: 0.05 DOT
Solana: 0.005 SOL
Sui: 0.1 SUI
Tether: 0.50 USDT
USDC: 0.50 USDC
EUROC: 0.20 EUROC
Litecoin: 0.01 LTC
Dogecoin: 5 DOGE
Bitcoin Cash: 0.002 BCH
For cryptocurrencies using the Ethereum (ERC-20) network:
Ethereum: 0.010 ETH
DeFiChain: 100 DFI
MATIC: 25 MATIC
Tether: 25 USDT
USDC: 25 USDC
EUROC: 20 EUROC
For Decentralized Assets (dTokens)
dGME: 0.077 dGME
dAMZN: 0.008 dAMZN
dARKK: 0.024 dARKK
dPLTR: 0.071 dPLTR
dQQQ: 0.003 dQQQ
dBABA: 0.016 dBABA
dTLT: 0.012 dTLT
dVNQ: 0.014 dVNQ
dSPY: 0.002 dSPY
dCOIN: 0.008 dCOIN
dTSLA: 0.005 dTSLA
dEEM: 0.03 dEEM
DUSD: 1.111 DUSD
dAAPL: 0.006 dAAPL
dGOOGL: 0.008 dGOOGL
dSLV: 0.055 dSLV
dPDBC 0.089 dPDBC
dGLD: 0.006 dGLD
dNVDA: 0.002000 dNVDA
dURTH: 0.009 dURTH
Please be aware that the withdrawal fee has been updated as of January 22, 2024. Fees may be subject to change. For more accurate information, kindly refer to the Bake platform at the time of withdrawal.
Are withdrawals processed as Smart Contracts?
Please note that certain networks may involve smart contract transactions. When withdrawing, please take note of the warning and ensure that the receiving platform or wallet supports smart contract transactions to avoid any issues.
Kindly check this article for more information: https://support.bake.io/en/articles/9104213-smart-contracts
Read also: “How are ETH & USDT (ERC20) fees calculated”