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
Read also: “How are ETH & USDT (ERC20) fees calculated”