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: 0.00061 BTC
Bitcoin Cash: 0.001 BCH
DeFiChain: 7.143 DFI
Ethereum: 0.0047 ETH
MATIC: 0.2 MATIC
Polkadot: 0.1 DOT
Solana: 0.008 SOL
Sui: 0.12 SUI
USDT: 15 USDT
USDC: 15 USDC
Euro Coin: 15 EUROC
Litecoin: 0.002 LTC
Dogecoin: 5 DOGE
NEAR: 0.05 NEAR
CARDANO: 0.8 ADA
For cryptocurrencies using the DeFiChain network:
DeFiChain: 7.143 DFI
DUSD: 1.0 DUSD
Bitcoin: 0.0001 BTC
Ethereum: 0.001 ETH
MATIC: 0.658 MATIC
Polkadot: 0.07 DOT
Solana: 0.004 SOL
Sui: 0.371 SUI
USDT: 0.50 USDT
USDC: 0.50 USDC
EUROC: 0.468 EUROC
Litecoin: 0.006 LTC
Dogecoin: 2.942 DOGE
Bitcoin Cash: 0.0010 BCH
For cryptocurrencies using the Ethereum (ERC-20) network:
Ethereum: 0.0047 ETH
DeFiChain: 143 DFI
MATIC: 20 MATIC
USDT: 15 USDT
USDC: 15 USDC
EUROC: 15 EUROC
For cryptocurrencies using the Polygon network:
USDT: 0.8 USDT
USDC: 0.8 USDC
MATIC: 0.2 MATIC
For cryptocurrencies using the DeFiChain-MetaChain network
DeFiChain: 7.143 DFI
DUSD: 1.0 DUSD
For Decentralized Assets (dTokens)
dGME: 0.090 dGME
dAMZN: 0.006 dAMZN
dARKK: 0.022 dARKK
dPLTR: 0.046 dPLTR
dQQQ: 0.003 dQQQ
dBABA: 0.014 dBABA
dTLT: 0.012 dTLT
dVNQ: 0.013 dVNQ
dSPY: 0.002 dSPY
dCOIN: 0.005 dCOIN
dTSLA: 0.007 dTSLA
dEEM: 0.025 dEEM
DUSD: 1.0 DUSD
dAAPL: 0.006 dAAPL
dGOOGL: 0.007 dGOOGL
dSLV: 0.040 dSLV
dPDBC 0.071 dPDBC
dGLD: 0.005 dGLD
dNVDA: 0.0020 dNVDA
dURTH: 0.007 dURTH
Please be aware that the withdrawal fee has been updated as of April 29, 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”