At the time of writing this article, BTC has reached 84,000. Recently, the most asked question to Brother Ji is how to withdraw uniBTC and SolvBTC from Bob Chain in Bob's event to the exchange. Brother Ji has always been a loyal believer in BTC. He has no intention of withdrawing his BTC assets. The event just happened to help him lock up his position. At that time, BTC should be around 60,000.
People who are familiar with Brother Ji know that Brother Ji has always been in charge of both killing and burying. There is a strategy for the most cost-effective entry, and naturally, a strategy for exiting will be released at the right time.
Today, I will introduce the most cost-effective withdrawal method of Bob Chain, and the loss is expected to be less than 1.5u. But first of all, please decide whether to withdraw. Don’t blame Brother Ji for releasing a withdrawal guide and sell the locked BTC when BTC rises to 100,000.
Also, I'd like to shamelessly advertise that the following article is for the Square Essay Competition. Please move your little fingers and give it a thumbs up 🙏:
Here is how to extract BoB chain assets in the most cost-effective way (loss is expected to be less than 1.5u):
(If you find that insufficient liquidity results in a large slippage, please redeem later)
1. Unstake the locked assets on SolvBTC.BNN with Pell. Unstake first and withdraw after 7 days (this step has been introduced before and is mentioned again here). The website is: pell.network
2. Use BOB Chain Dex Exchange to exchange SolvBTC.bnn and uniBTC to Eth
3. Use orbiter to cross-chain ETH to arbitrum chain, withdraw ETH back to Binance for cash
【Cost loss】
Exchange loss: 0.6u
Cross-chain loss: 0.88u
Total loss: 1.48u
Multiple accounts can be combined and exchanged and cross-chained once to share the cost. For example, 3 accounts is 1.48/3=0.5u
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