# How to redeem $BITU

Users can **redeem** $*BITU* through our UI or via our API. Using the UI, the user workflow to **redeem** $BITU is as follows:

* Step 1: Log into the dApp page using your wallet.
* Step 2: Select the collateral position you have (e.g., BTCB) and enter the amount of $BITU you want to burn.

<figure><img src="https://216194945-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fj4FiwL05RDG9vbiK6wKb%2Fuploads%2Fb1TwZaRCTcLOJ64RZ8TT%2Fimage.png?alt=media&#x26;token=6d8a9677-bb38-4734-9e63-5169dea89590" alt="Redeem Your Asset by Burning BITU - Choose Your Position"><figcaption><p>Redeem Your Asset by Burning BITU - Choose Your Position</p></figcaption></figure>

* Step 3: Adjust the collateral ratio of the remaining assets and view the amount of the collateral assets you want to receive.

<figure><img src="https://216194945-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fj4FiwL05RDG9vbiK6wKb%2Fuploads%2F2PHRrP4A4mJ3VZmbkpUC%2Fimage.png?alt=media&#x26;token=b6fc776e-4a75-4750-b172-5e6267f83cac" alt="Redeem Your Asset by Burning BITU - How Much Do You Want to Redeem?"><figcaption><p>Redeem Your Asset by Burning BITU - How Much Do You Want to Redeem?</p></figcaption></figure>

* Step 4: Click the "Redeem" button. This action will prompt your selected wallet to pop up. Confirm the transaction, and it will be submitted to the blockchain.

<figure><img src="https://216194945-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fj4FiwL05RDG9vbiK6wKb%2Fuploads%2FAYLsUl2R9p7U8cP2aMCi%2Fimage.png?alt=media&#x26;token=7351a921-5312-4c1a-ad81-fae4899cafb7" alt="Redeem Transaction"><figcaption><p>Redeem Transaction</p></figcaption></figure>

After the transaction is successful, users will have redeemed their collateral. However, collateral assets can only be withdrawn after the cooldown period has ended.

<figure><img src="https://216194945-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fj4FiwL05RDG9vbiK6wKb%2Fuploads%2FwuSc2Fuo4J4tS5WkmTfv%2Fimage.png?alt=media&#x26;token=d78dcef7-556c-41c6-b202-4330258e377c" alt="Check Your Position Update"><figcaption><p>Check Your Position Update</p></figcaption></figure>