Unstake bfBTC to Bitcoin Network
How to convert bfBTC to BTC from EVM-compatible chains to Bitcoin network
EVM-compatible chains include Bitlayer, Binance Smart Chain, Ethereum, and others. This guide explains the steps to unstake bfBTC from one EVM-compatible chain to Bitcoin.
1. Before making a unstake, ensure that you have connected an EVM wallet.
2. Click on "Connect BTC" to link your Bitcoin wallet.
3. Select the Bitcoin wallet to connect.
4. Once connected, you can copy your wallet address or disconnect the wallet.
5. Click on "Receive Network" to expand the list of available networks.
6. Tap BTC to receive assets on the Bitcoin network.
7. Make sure your receiving address is correct.
8. Enter the amount you want to unstake.
The minimum amount is 0.001 bfBTC.
9. The estimated amount you will receive is displayed here, based on the current bfBTC exchange rate.
Note: Since the epoch may vary during the unstake process, the final received amount might differ from the displayed estimate.
10. Note: If you unstake to Bitcoin, there’s no need to manually claim the assets.
They will be sent directly to your receiving address on the Bitcoin network.
11. Click "Unstake" to initiate your unstake request.
12. In the pop-up window, please review and verify the details of your withdrawal request.
13. After reviewing, click the "Confirm" button to proceed.
14. Once the transaction is successful, information will be displayed.
15. After the withdrawal is approved, the assets will be sent directly to your Bitcoin address.
No manual claiming needed.
16. You can check the withdrawal information in the "Portfolio" page.
17. In "Transaction History," select "Withdraw" to view your withdrawal orders.
18. The "Withdraw Native" option refers to withdrawal orders that are sent directly to the Bitcoin network.
19. The "Pending" status indicates that this order is still awaiting approval.
20. The "Received" status indicates that the order has been approved and the assets have been sent to your Bitcoin wallet.
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