# Redeem vBTC On-Chain

During the redeem process, users deposit vBTC tokens to receive an equivalent amount of BTCB (Bitcoin on BNB Chain).

**📌 Note:**

* Ensure your wallet has a sufficient vBTC balance to proceed with the redemption.
* BNB is required to cover gas fees for the transaction.

Once the transaction is completed, the redeemed vBTC will be automatically burned from the total supply.

### **How to access the Redeem vBTC form:**

* Click the button at the top of the page to navigate to the Mint / Redeem vBTC form. Then select the “Redeem” option to begin redeeming vBTC on-chain.
* Use the toggle button to switch between Mint and Redeem modes within the form.

### **Step 1: Enter vBTC Amount**

In the Redeem section, enter the amount of vBTC you wish to deposit. The system will automatically estimate the amount of BTCB you will receive.

Users can view detailed transaction information, including:

* vBTC balance in the connected wallet
* Estimated amount of BTCB to be received
* Fixed vBTC/BTC exchange rate
* Transaction gas fee

<figure><img src="/files/9vUPjjRtYpR4XY1jREr4" alt="Form Redeem vBTC" width="490"><figcaption><p>Form Redeem vBTC</p></figcaption></figure>

Click the <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfkdQS2cMgpxA1DmJD3_zzmKBI4FSfA_vTGsFV_S7BFG9B_5zVqciyhkyHqDD8AuvPDJikVVJhVsSJw_d1H4mb2go7tijBuLikCi7t-ZWqEU1A5Ef9ba0xhtUQwKsq3P7QWr5tPDg?key=9POIu8QJZFQPdeQlXGr9wQ" alt="" data-size="line"> button to proceed with the transaction.

### **Step 2: Confirm vBTC Redemption**

<figure><img src="/files/9NQ0Um3wxKGxNK7cFtpy" alt="Redeem vBTC confirmation popup"><figcaption><p>Redeem vBTC confirmation popup</p></figcaption></figure>

The transaction confirmation popup will appear as shown. Click the <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdlDFLvacIvLRxQqqaxmHKX48a3HlHcMZQiRSA1YPyo2Uk0H7LXXpBEkAmLc1Yl_WhT3L_0XvASc_0YItudtZYAFpN_YuXoY5UTqwBsOeE0mvdRPRo1qXVSmCVpEq-ofodbPY2v?key=9POIu8QJZFQPdeQlXGr9wQ" alt="" data-size="line"> button to continue.

### **Token Approval in Wallet**

<figure><img src="/files/WFdWmCor3lfWZEubQjCr" alt="Steps to Execute the Redeem vBTC Transaction" width="384"><figcaption><p>Steps to Execute the Redeem vBTC Transaction</p></figcaption></figure>

<figure><img src="/files/9FJ4cvCnBkKUqhDoBqjl" alt="Confirm redeem in wallet" width="384"><figcaption><p>Confirm redeem in wallet</p></figcaption></figure>

Similar to the token approval process in the vBTC minting flow, users must grant permission to use the selected amount of vBTC from their wallet to proceed with redemption. Once the approval is successful, click Confirm in the wallet popup to execute the Redeem transaction.

<p align="center"><img src="/files/xz4qfUk600a1z3oIhrS0" alt="Redeem vBTC transaction in progress and completion notification"><img src="/files/TivNU7WQRLZHQGuTc87U" alt="Redeem vBTC transaction in progress and completion notification"></p>

<p align="center"><sub>Redeem vBTC transaction in progress and completion notification</sub></p>

Once the Redeem transaction is successfully completed, the corresponding amount of BTCB will be sent directly to the user’s wallet.

**📌Note: Users may deposit or withdraw vBTC (BEP-20) via Nami Exchange for trading or storage. For detailed instructions, please refer to the official guide** [**link**](https://nami.exchange/support/announcement/nami-news/enable-deposit-and-withdrawal-for-vbtc-token-via-bnb-smart-chain-bep-20)**.**

To view your BTCB balance in the wallet, please manually add the BTCB token using the following information:

* Network: **BNB Chain**
* Token Contract Address: **0x7130d2A12B9BCbFAe4f2634d864A1Ee1Ce3EaD9c**
* Token Symbol: **BTCB**
* Decimals of Precision: **18**


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