How to get uBTC on B² Network

We have two sections: one for existing stakers, where they have to withdraw from Hive first before depositing into UniRouter for uBTC; another is for new users who want to directly get hands on uBTC from their B2 BTCs.

For existing Hive Protocol stakers

Step 1: Head to Hive’s “withdraw” page

Step 2: Enter your staked amounts and initiate the unstaking process, which as indicated by Hive it will take about 24 hours for you to be able to withdraw. Click “Unstake” and complete the transaction, then you should see “Pending to withdraw” to show your unstaking amounts at the bottom of your page

Step 3: After about 24 hours, at the same page you should be able to see the stats where you have “ready to withdraw” balances updated, and the “Withdraw” button enabled. Click “Withdraw” and finish the transaction, then you have your bitcoins back to your wallet. Voilà! Now you are ready to use UniRouter to convert those bitcoins to uBTC while still earning B2 rewards from Hive staking

For new UniRouter users

Step 2: Enter the amount of bitcoins you want to stake, click “Stake” and finish the transaction. Then you should see updated uBTC balance. Hover over the “+” sign and then you can add the token to your wallet. Congrats, now you have uBTC! Soon, you should be able to use uBTC to trade, lend & collateralize, and more

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Last updated 1 year ago