BTC redemption
Last updated
Last updated
Switch to the ETH wallet which holds imBTC
Switch to the Browser page, enter the URL https://gto.token.im/ and open it
Enter the number of BTC you want to redeem and the BTC wallet to receive BTC Click “Redeem”
When the status of imBTC transaction is successful, the BTC will automatically be sent to your BTC wallet, which may take around 60 minutes. Thank you for your patience.
Note
Attention Distribution of revenue needs to be triggered manually. Thus, we suggest you distribute the income before you redeem your BTC. When you have received the income, you can make a redemption request
A manual audit mechanism will be triggered when the number of a single redemption is over 20 BTC. We will send BTC to users after the audit is finished (the manual audit will complete within 24 hours) .
The transaction fee of every single redemption is 0.0005 BTC and is paid by users.
Before you make a redemption, please make sure the wallet address to receive BTC is correct. You can click the ”Wallet” button to switch the address and you can also input the address manually.
BTC will be sent to your wallet address after the burning of imBTC is finished . The transaction of BTC needs 6 block confirmations which will take around 60 minutes.