Swapping flexUSD is currently not supported in the Bitcoin.com Wallet, and flexUSD (SLP) tokens are in the process of being deprecated. After June 13th, you’ll no longer be able to see SLP balances in your wallet.

If you’re holding flexUSD in the Bitcoin.com Wallet, we suggest sending it to the Bitcoin.com Exchange. FlexUSD held on the Bitcoin.com Exchange will continue to earn interest automatically.

You can withdraw flexUSD-SLP from the Bitcoin.com Exchange until May 26th, although you’ll need to withdraw it to a wallet that continues to support SLP tokens. Read more about this here.

Once on the Bitcoin.com Exchange, you can of course trade your flexUSD into another cryptoasset.

Here’s how it works:

How to send flexUSD to the Bitcoin.com Exchange

How to trade or redeem flexUSD on the Bitcoin.com Exchange

How to send flexUSD to the Bitcoin.com Exchange

  1. If you don’t already have an account set up, head over to exchange.bitcoin.com to register. It takes just a few moments to create your Exchange account. Please note that Bitcoin.com Exchange is a custodial service. Read more on the difference between custodial and non-custodial cryptoasset wallets here.

  2. Login to exchange.bitcoin.com.

  3. From the Wallet & Order drop-down menu (top-right), select Deposit.

4. In the Deposit screen, select flexUSD from the Coin drop-down menu. Ensure that you’ve selected SLP as the Deposit Network. This will display your flexUSD-SLP address:

5. From the Bitcoin.com Wallet’s home screen, tap SEND and select flexUSD as the asset to send.

6. On the send screen, select Scan a QR code and point your device at the QR code that is displayed on the Deposit screen of your Bitcoin.com Exchange account (see step 4 above). Note that you can also copy/paste the flexUSD SLP address from your Bitcoin.com Exchange account.

7. Review the transaction details shown in your Bitcoin.com Wallet and slide the arrow to confirm.

How to trade or redeem flexUSD on the Bitcoin.com Exchange

You can easily trade spot flexUSD into other cryptoassets on the Bitcoin.com Exchange. You can also redeem flexUSD for USDC in a few clicks. Here’s how it works:

To trade:

  1. Choose Spot from the Trade drop-down menu on the dashboard.

  2. Select a trading pair (eg. flexUSD↔BCH, flexUSD↔USDT).

  3. Enter the amount to trade and either choose the price (Limit) or select Market and trade at the best market rate automatically.

To redeem flexUSD for USDC:

  1. Visit https://exchange.bitcoin.com/flexassets or from the Exchange dashboard, select flexUSD.

  2. On the next screen, Select the Redeem tab.

  3. Enter the amount to redeem to USDC and confirm.

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