> For the complete documentation index, see [llms.txt](https://docs.vishwalab.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.vishwalab.com/naro-btcvp-vault/redeeming-btc.md).

# Redeeming BTC

### How it works

1. Use the **Redeem** tab on [vault.vishwalab.com](https://vault.vishwalab.com).
2. Your BTCvp is returned and burned.
3. Native BTC is settled from custody to your designated Bitcoin wallet.

### Timing

Redemptions are subject to a T+7 notice period. Once the notice period has passed, native BTC is settled from custody to your designated Bitcoin wallet; larger requests may take longer to allow orderly settlement and liquidity management.

### Why your redeemed BTC may differ from your deposit

BTCvp accumulates BTC-denominated yield through the vault's strategies. Yield is reflected in the redemption value (NAV), not in your token balance - so each BTCvp may redeem for more BTC than at mint if the vault has generated positive returns. Redemption value can also reflect negative performance; returns are not guaranteed.