> For the complete documentation index, see [llms.txt](https://docs.btc1usd.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.btc1usd.com/part-3-how-btc1-works/3.-redeeming-btc1.md).

# 3. Redeeming BTC1

You can swap back anytime:

* **Normal mode (safe):** 1 BTC1 = $1 of BTC − 0.1 % fee
* **Stress mode (after large BTC drops):** You still get BTC, just slightly less, reflecting true vault value.