Withdraw Bitcoin

this page explains how the deposited Bitcoin can be withdrawn.

1. Add ยท Remove

Click the [Add ยท Remove] button to get redirected to the BTCFi Boost product page.

Read the Bitcoin withdrawal procedure guide and click the [Proceed] button to start the withdrawal process.

The Bitcoin withdrawal process consists of three steps.

โ‘  Confirm the amount of BTCยทUSDC to be withdrawn โ†’ โ‘ก Confirm withdrawal address โ†’ โ‘ข Proceed with bitcoin withdrawal

2. Withdraw Bitcoin

1. Confirm Withdrawal Amount

First, check the withdrawal amount of Bitcoin and USDC accumulated as interest. Bitcoin is withdrawn via the Bitcoin network, and USDC accumulated as interest can be withdrawn via the BNB Smart Chain. The amount displayed is the actual amount received, reflecting all swap fees, bridge fees, etc. After confirming the amount, click the [Proceed] button.

2. Confirm Withdrawal Address

Next, check the withdrawal address. Make sure that the Bitcoin withdrawal address is the same as the refund address you entered initially, and that the USDC withdrawal address is the same as the linked personal wallet address. If you want to change the address, please contact customer service. Once you have confirmed everything, click the [Withdraw] button and complete the signature in the signature window that appears.

Once the sign is completed, Withdrawal will be proceeded.

3. Bitcoin Withdrawal Progress

Withdrawals of Bitcoin and USDC take approximately 5 to 10 minutes. This is because the following processes are carried out sequentially.

  1. Withdrawal of BtcUSD deposited in BiFi

  2. Repayment of borrowed BtcUSD and withdrawal of bitcoin deposited as collateral in BTCFi

  3. Actual transfer of BTC to the Bitcoin network

  4. Swap of accumulated interest in BtcUSD to USDC on the selected network

4. Bitcoin Withdrawal Complete

Bitcoin and USDC withdrawals have been completed. please check that your assets have arrived corectly at the withdrawal address you previously confirmed.

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