# Claiming and Burning NFTs for Coins

### Claiming Coins Using Your NFT

* **Navigate to the Trading Page of the Collection**

  * Go to the **Trading Page** of the NFT collection you hold.
  * Locate the **Claim/Burn** section on the page. This is where you can manage your NFT and claim coins or burn NFTs for additional coins.

  <figure><img src="https://464754217-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FD4Kj64XDRH02p01CRDeG%2Fuploads%2Fcmj2dhlAJ7oEh3TC7Xki%2Fimage.png?alt=media&#x26;token=6be79079-f294-47f3-8ef9-00e327682cd8" alt=""><figcaption></figcaption></figure>
* **Click on "Claim"**
  * In the **Claim/Burn** section, click the **"Claim"** button to begin the process of claiming your allocated coins.
  * You may be prompted to approve the transaction in your wallet.
* **Approve the Transaction**
  * Your wallet will ask for confirmation to approve the claim. Review the transaction details and approve it.
  * Once approved, the system will process the claim.
* **Receive Coins**
  * After the transaction is processed, your wallet will be allocated the specified number of coins.

### **Burning NFTs for More Coins**

* Navigate to the Trading Page of the Collection
  * Visit the **Trading Page** of the NFT collection you wish to burn.
  * In the **Claim/Burn** section, locate the option for **burning** your NFTs.

<figure><img src="https://464754217-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FD4Kj64XDRH02p01CRDeG%2Fuploads%2F0XYMacOneBVhD59ODvi9%2Fimage.png?alt=media&#x26;token=8b0de80a-e8cf-4b61-888c-645ce89ac217" alt=""><figcaption></figcaption></figure>

* **Click on "Burn"**
  * To begin the burning process, click the **"Burn"** button.
  * A prompt will appear asking you to approve access for burning your NFTs.
* **Approve the Access Request**
  * Review the prompt and approve the request to allow the platform to access your NFTs. This action grants the platform permission to burn your NFT.
* **Confirm the Burn**
  * After granting access, you will need to click the **"Burn"** button again to send your NFT to the burn address.
  * Once you confirm, your NFT will be permanently burned and removed from your wallet.
* **Receive More Coins**
  * Upon successful burning, you will be rewarded with more coins.
  * The number of coins you receive will be based on the burn mechanism defined by the collection.

{% hint style="warning" %}
**Important:** After burning your NFTs, they cannot be recovered and also cannot be used to claim, so ensure you are certain before proceeding.
{% endhint %}

**Notes:**

* **Coin Allocation After Claiming or Burning:** Coins kens will be allocated to your wallet immediately after the transaction is processed and confirmed.
* **Wallet Approval:** Always approve transactions in your wallet to complete the claim or burn process.
* **Trading Coins from Claiming/ Burning:** The coins claimed will be locked from trading until the coin has hit Uniswap. It will then be unlocked and becomes tradeable on Uniswap and ERC721ex.