# 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="/files/85NqAPi3rvTxm6iy5xnt" 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="/files/f3rTdvrJ68ciU5ofx8XJ" 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="/files/8cDWAyVFTOeLjjueeOt5" 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 However, collateral assets can only be withdrawn after the cooldown period has ended.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="/files/pD3Cn69gFon5DI8n7Axp" alt="Check Your Position Update"><figcaption><p>Check Your Position Update</p></figcaption></figure>


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