All crypto deposits require a certain number of confirmations on their respective blockchains before they are credited to your Bake account and can be used. The required number of confirmations varies by coin (see list below).
For fiat deposits:
SEPA Instant deposits usually appear within a few minutes.
SEPA/SWIFT deposits may take up to 2–3 business days, depending on your bank and location.
Confirmation requirements by coin:
Bitcoin (BTC): 2 confirmations
Cardano (ADA): 30 confirmations
DeFiChain (DFI): 100 confirmations
Ethereum (ETH): 20 confirmations
Tether (USDT): 20 confirmations
USD Coin (USDC): 20 confirmations
Euro Coin (EUROC): 20 confirmations
Polkadot (DOT): 10 confirmations
Polygon (MATIC): 600 confirmations
Solana (SOL): 30 confirmations
Sui (SUI): 30 confirmations
Litecoin (LTC): 8 confirmations
Dogecoin (DOGE): 10 confirmations
Bitcoin Cash (BCH): 3 confirmations
NEAR Protocol (NEAR): 30 confirmations
Important: Confirmation times may vary depending on network activity, congestion, or other factors. For the most up-to-date confirmation status, please refer to the relevant blockchain network or your wallet provider.
Please refer to this article if you want to know how long withdrawals take.