SEPA Euro deposits are here – fund your Bake account with ease

Big news for our European community: you can now deposit Euros directly into your Bake account via SEPA transfers. This means a smoother, faster, and more cost-effective way to get started or grow your crypto portfolio.

Why SEPA deposits matter

SEPA (Single Euro Payments Area) connects over 30 countries, making it the go-to payment network for Euro transfers in Europe. With SEPA now live on Bake, you can:

• Deposit funds in Euros without relying on third-party services
• Benefit from SEPA Instant for near-instant processing
• Start with as little as €5 (minimum deposit)

As a bonus, we’re waiving all deposit fees for the first 30 days to make your experience even better. After this period, we’ll evaluate and introduce a fair fee structure.

How to deposit Euros with SEPA

Depositing Euros into your Bake account is simple. Here’s how:

1. Log in to the Bake app
   From the Home Screen, tap on “Fund-in”.

2. Review and confirm important details
   Read all the points carefully in the next step and confirm to avoid issues with your deposit. Then tap “Continue”.

3. Get your SEPA bank details
   You’ll now see the bank details needed for your SEPA transfer. Make sure to include the reference ID when making the transfer from your bank.
4. Wait for confirmation
   Once your bank clears the transfer and we receive the funds, your Bake account will be credited automatically.

What’s next?

We’re already working on enabling FIAT withdrawals, so you’ll have even more flexibility when moving funds in and out of Bake.

Ready to top up your account? Start using SEPA deposits today and enjoy free deposits during the launch period!

DISCLAIMER: Please note that the information on this blog and in any articles posted on this blog is for general information only and should not be relied upon as financial advice. Bake (GS Fintech UAB) is not a licensed financial adviser. You may wish to approach your own independent financial advisor before making any decision to buy, sell or hold any product and/or digital assets mentioned in this blog.

Any views, opinions, references, assertions of fact and/or other statements are not necessarily the views held by Bake. Bake disclaims any liability whatsoever that may arise out of or in connection with such statements. Always do your own research before investing in any financial assets and consult a qualified financial advisor if necessary.