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

Form Redeem vBTC
Form Redeem vBTC

Click the button to proceed with the transaction.

Step 2: Confirm vBTC Redemption

Redeem vBTC confirmation popup
Redeem vBTC confirmation popup

The transaction confirmation popup will appear as shown. Click the button to continue.

Token Approval in Wallet

Steps to Execute the Redeem vBTC Transaction
Steps to Execute the Redeem vBTC Transaction
Confirm redeem in wallet
Confirm redeem in wallet

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.

Redeem vBTC transaction in progress and completion notification

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.

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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