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What is the withdrawal fee for Bake?
Updated over a month ago

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: Fees dynamically calculated

  • Bitcoin Cash: 0.001 BCH

  • DeFiChain: 16.66 DFI

  • Ethereum: Fees dynamically calculated

  • MATIC: 0.05 MATIC

  • Polkadot: 0.1 DOT

  • Solana: 0.008 SOL

  • Sui: 0.12 SUI

  • USDT: 10 USDT

  • USDC: 10 USDC

  • Euro Coin: 9 EUROC

  • Litecoin: 0.002 LTC

  • Dogecoin: 5 DOGE

  • NEAR: 0.05 NEAR

  • Cardano: 0.8 ADA

  • Cosmos: 0.10 ATOM

  • Celestia: 0.25 TIA

For cryptocurrencies using the DeFiChain network:

  • DeFiChain:16.66 DFI

  • DUSD: 1.0 DUSD

For cryptocurrencies using the Ethereum (ERC-20) network:

  • Ethereum: Fees dynamically calculated

  • DeFiChain: 200 DFI

  • MATIC/POL: 27 MATIC

  • USDT: 10 USDT

  • USDC: 10 USDC

  • EUROC: 9 EUROC

For cryptocurrencies using the Polygon network:

  • USDT: 0.7 USDT

  • USDC: 0.7 USDC

  • MATIC: 0.2 MATIC

For cryptocurrencies using the DeFiChain-MetaChain network

  • DeFiChain: 16.66 DFI

  • DUSD: 4.167 DUSD

For cryptocurrencies using Tron network

  • USDT: 2.50 USDT

For Decentralized Assets (dTokens)

  • dGME: 0.198 dGME

  • dAMZN: 0.025 dAMZN

  • dARKK: 0.095 dARKK

  • dPLTR: 0.136 dPLTR

  • dQQQ: 0.010 dQQQ

  • dBABA: 0.052 dBABA

  • dTLT: 0.044 dTLT

  • dVNQ: 0.0460 dVNQ

  • dSPY: 0.008 dSPY

  • dCOIN: 0.022 dCOIN

  • dTSLA: 0.020 dTSLA

  • dEEM: 0.10 dEEM

  • DUSD: 4.167 DUSD

  • dAAPL: 0.019 dAAPL

  • dGOOGL: 0.0270 dGOOGL

  • dSLV: 0.1470 dSLV

  • dPDBC 0.321 dPDBC

  • dGLD: 0.019 dGLD

  • dNVDA: 0.0340 dNVDA

  • dURTH: 0.0290 dURTH

Please be aware that the withdrawal fee has been updated as of August 30, 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

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