How to Convert and Transfer Tokens Between Bitkub Exchange, Bitkub NEXT, and Metamask

As we always try to improve our system and services, Bitkub is constantly adding new functions and features to serve the needs of various groups of users including the Morning Moon Village game, which is popular among gamers as well as those who are interested in digital assets as the players can purchase or complete missions in the game using digital coins. They will also have chances to receive NFTs from the game for free.

This article aims to help you better understand how to transfer coins/tokens between Bitkub NEXT, Bitkub Exchange, and a Metamask wallet, which is an important step before you play and use the features in the game.

• You can register a Bitkub account at https://www.bitkub.com/en/signup
• You can register a Bitkub NEXT wallet at http://app.bitkubnext.com
  (See the Bitkub NEXT manual here.)
• You can register a Metamask wallet at https://metamask.io
  (See more details about Metamask and how to connect Bitkub Chain to Metamask here.)
  
  

1. Transferring assets from Bitkub Exchange to Bitkub NEXT wallet

The purpose of transferring assets from Bitkub Exchange to Bitkub NEXT is to store or use them in other applications, such as in the Morning Moon Village game, etc.

Currently, Bitkub NEXT supports 3 cryptocurrencies: Bitkub coin (KUB), KUSD (Wrapped token), and KBTC (Wrapped token). However, this article will explain only the KUB and USDT, which are the assets you can use in the game.

• For KUB
  You can buy KUB from Bitkub Exchange. => Transfer KUB into Bitkub NEXT. => You will receive KUB in your Bitkub NEXT wallet.
  
  Remark: Currently, only Bitkub Chain (KAP-20) is supported for transferring KUB from Bitkub Exchange to Bitkub NEXT.
  
  
• For USDT
  You need to convert USDT to KUSDT first if you want to use this token on Bitkub Chain. You can buy USDT from Bitkub Exchange. => Transfer USDT to your Metamask (Ethereum network). => Use the bridge of Bitkub Chain (https://bridge.bitkubchain.com) to convert USDT to Bitkub Chain. => You will receive KUSDT in your Metamask wallet. => Transfer KUSDT to your Bitkub NEXT wallet.
  
  ** Caution: There is a fee for converting USDT to KUSDT using the Bitkub Chain bridge. Please study the process and proceed with caution to avoid errors and the loss of your assets.

2. Transferring assets from Bitkub NEXT to Bitkub Exchange

• For KUB
  Transfer KKUB in your Bitkub NEXT wallet to your account on Bitkub Exchange. => You will receive KUB in your Bitkub account.
• For USDT
  Transfer KUSDT in your Bitkub NEXT wallet to your Bitkub account on Bitkub Exchange. => You will receive USDT in your Bitkub account.
  
  

3. Transferring assets from Bitkub Exchange to Metamask

• For KUB
  Buy KUB from Bitkub Exchange. => Transfer KUB into your Metamask wallet. => You will receive KUB in your Metamask wallet.
• For USDT
  Buy USDT from Bitkub Exchange (or other exchanges). => Transfer USDT to your Metamask. => Use the Bitkub Chain bridge (https://bridge.bitkubchain.com) to convert USDT to Bitkub Chain. => You will receive KUSDT in your Metamask wallet.
  
  

4. Transfer assets from Metamask to Bitkub Exchange

• For KUB
  Transfer KKUB from Metamask to Bitkub NEXT. => You will receive KUB in your Bitkub NEXT wallet. => Transfer KUB to your account on Bitkub Exchange.
• For USDT
  Transfer KUSDT from Metamask to your Bitkub NEXT => You will receive KUSDT in your Bitkub NEXT. => Transfer KUSDT to your Bitkub account at Bitkub Exchange. => You will receive USDT in your account on Bitkub Exchange.

*You can click this link to learn how to convert KUB to KKUB. Also, if you want to transfer KUB back to Bitkub Exchange, you must first transfer KKUB to Bitkub NEXT to convert it to KUB.

Interesting facts

• Bitkub NEXT system will automatically convert KUB <=> KKUB or USDT <=> KUSDT in a 1:1 ratio.
• Apart from converting coins on Bitkub Chain Bridge or via Bitkub NEXT, you can also swap KUB <=> KKUB, and KUB <=> KUSDT at https://exchange.diamon.finance/#/swap. (This method does not support USDT that has not been converted to KUSDT using the bridge of the Bitkub Chain.)