Redeem NFT Assets
Swap your whole NFT20 assets for ERC-721 / ERC-1155 NFTs
Last updated
Swap your whole NFT20 assets for ERC-721 / ERC-1155 NFTs
Last updated
Step 1: In the top-right corner, first click on the "Connect Wallet" button.
Step 2: Next, from the pop-up, select and connect your wallet. In this scenario, we will connect using MetaMask.
Step 3: Click on the "Redeem" button of the NFT20 asset you wish to withdraw as ERC-721 / ERC-1155 NFT. For this example, we will be redeeming a MetaSaga Warrior NFT20 asset for a MetaSaga Warrior ERC-721 NFT.
Step 4: In the pop-up, enter the quantity of NFT20 assets you wish to convert and redeem as ERC-721 / ERC-1155 NFT. Once done, click on the "Redeem" button to proceed with the transaction.
Note: You can only redeem NFT20 assets for ERC-721 / ERC-1155 NFTs of the same collection.
Note: You can only redeem WHOLE NFT20 assets for ERC-721 / ERC-1155 NFTs. For instance, if you wish to withdraw 2 NFTs, you should have 2 WHOLE NFT20 tokens of that NFT. You will not be able to withdraw NFTs if you have decimal values of NFT20 tokens.
Step 5: Verify the details of the transaction and click on the "Redeem" button to go to the next step.
Step 6: You also need to click the "Confirm" button in your wallet to approve the transaction.
Note: You will need to pay gas fees to complete the transaction.
Step 7: Congratulations! Your transaction is complete. You have successfully converted your NFT20 asset to ERC-721 / ERC-1155 NFT.