BTC Proxy
  • BTC Proxy Documentation
  • Getting Started
    • What is BTC Proxy?
    • Current Challenges
    • Features
    • The Proxy Relay
    • BTC Proxy Advantages
    • Use Cases
    • User Interface & Navigation
    • On-Chain Transfer Restrictions
    • Fees
    • Minimizing Transaction Risks
  • Minting
    • How to Mint Video
    • What is Minting?
    • Minting Sequence
    • BTC Proxy Mint Interface
    • How to Mint?
  • Redeeming
    • How to Redeem Video
    • What is Redeeming/Burning?
    • Burning Sequence
    • BTC Proxy Redeem Interface
    • How to Redeem?
  • Custody
    • What is Custody?
    • Custodian Wallet Setup
    • Transferring Funds from Cold to Hot Wallets
    • Insured Custody
    • Regulated
    • Integration
  • PRXY Token
    • What is PRXY Token
    • Tokenomics
    • Functions of PRXY
    • Allocation
    • Roadmap
    • Legally Binding
  • BTC Proxy DeFi
    • Bitcoin Farming
    • Compound Staking
    • Treasury Bonds
    • Programs
    • Redux
  • Contract Addresses
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  1. Redeeming

BTC Proxy Redeem Interface

Explains the Redeem interface of BTC Proxy

PreviousBurning SequenceNextHow to Redeem?

Last updated 3 years ago

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The Redeem interface, of BTC Proxy, is shown in the below screenshot:

Redeem - Allows you to redeem your BTCpx for BTC. BTCpx tokens are burned via the smart contract and then BTC will be sent directly to your confirmed wallet address from the custody account.

  1. Select the amount of BTCpx

  2. Confirm Bitcoin Address

  3. Receive your BTC

Analytics - This section displays the total number of BTCpx supplied and the total number of Bitcoin in custody. It also displays the contract addresses and the wallet addresses for each contract.

To view the Transaction History, click the TRANSACTION HISTORY link. The TRANSACTION HISTORY page showing all the transactions will be displayed.

Transaction Confirmations - This section displays the confirmation after each step is completed.

For more information, refer to

How to Burn?