Burn your tgBTC for BTC
Last updated
Last updated
In the previous guide, we obtained our first tgBTC. Now, let's explore how to use TON Teleport to redeem our test BTC, backed 1:1 by test tgBTC, through the Peg-out process.
TON Teleport is currently on Testnet. Do not send real funds and don’t use mainnet wallets.
understand the key steps in the Peg-out process (Burn, Confirm, Receive)
learn how to redeem test BTC using TON Teleport
test the functionality of TON Teleport BTC peg-out
Make sure you have:
Testnet wallet in TON (e.g., Tonkeeper from our )
Signet wallet in BTC (e.g., UniSat or Electrum from our )
for use in the Testnet
for burning and redeeming BTC
Step 1: Burn tgBTC To start the Peg-out process, select the amount of tgBTC you wish to convert back to BTC. Burn these tokens in the TON network to confirm your intention to withdraw funds.
Step 2: Confirm the Transaction After burning the tokens, the system will create a transaction to send an equivalent amount of BTC to your specified Bitcoin address. Double-check the accuracy of the address to avoid any loss of funds.
Step 3: Receive BTC The transaction will be submitted to the Bitcoin network for confirmation. Once miners validate the transaction, the BTC will be credited to your designated Bitcoin address.
First, click on Withdraw tgBTC. Then, input the amount of test tgBTC you want to convert to test BTC. Keep in mind that the total amount will be reduced by the network fee.
Enter the Signet Bitcoin address where you want to receive the BTC.
Make sure the address is correct, then click Next to proceed.
Open your Testnet TON wallet and confirm the transaction by clicking Open Wallet to approve the transfer. This step is crucial to initiate the withdrawal.
The transfer will be verified by TON validators, which usually takes around 15 minutes, depending on the network’s load. Once the transaction is confirmed, the test BTC will be credited to your Signet Bitcoin wallet.
You’ve successfully redeemed your test BTC by burning tgBTC! By completing all the guides, you’ve tested the full functionality of TON Teleport available at this stage and greatly contributed to improving the platform for its future launch on the TON mainnet.
You can check the status of the transfer directly in your wallet or by using .
This is not a goodbye! Stay updated by following our , where we'll share updates on TON Teleport, and soon we'll tell you about our bug bounty program and other exciting activities.
Also, join our . Now you can "Send Bitcoin like a message". No exchanges, no third parties — just you, TON, and your Telegram.
