Bake applies a exchange/swap fee to cover DEX (decentralised exchange) expenses and administrative overhead.
Please note that Bake regularly adjusts fees to align with current market conditions, striving to provide competitive rates. You can review the exchange/swap fee in your dashboard before confirming the request.
Exchange/Swap fees:
Buying assets using crypto - 0.4%
Selling assets to USDC/Stable coins - 0.4%
Swapping between assets - 0.4%
Fiat on-ramp- 3.5%
Please be aware that there are two types of fees associated with transactions:
For transactions moving into the DeFiChain ecosystem,
there is a fee of 0.5%. (Temporary not available)For transactions moving out of the DeFiChain ecosystem,
there is a fee of 3.5%.
Minimum value for swaps is $10