Ordinals NFTs are inscriptions on the Bitcoin blockchain that hold a certain amount of Bitcoin (sats). Sometimes, an inscription may hold more sats than required, which means your specific Bitcoin balance is stuck in that inscription.
Bitcoin is divisible, just like dollars. The smallest unit of bitcoin is called a satoshi, which is like a cent. There are 100 million satoshis in one bitcoin, so each satoshi is worth 0.00000001 BTC.
Extract Extra Bitcoins from Ordinals NFTs
To extract the extra sats from an inscription, you need to have your assets in unisat wallet. When your assets are already in a unisat wallet, then it's fine. Otherwise, you have two options:
- Either create new Unisat wallet and send the inscription of the ordinal NFT to a newly created unisat wallet.
- Or import your wallet to unisat using your private key, 12-word seed phrase, or WIF private key.
Split Bitcoin and Ordinal NFT
Step 1: When you've your ordinals NFTs on Unisat wallet. Open your Unisat wallet and click on any ordinal NFT inscription.
Step 2: Click Send.
Step 3: Now, under the output value, you can see the current amount of sats your inscription is holding.
Step 4: When the sats amount is more than 1,000 sats, simply click on Custom. Enter sats amount 1,000. Enter your current Unisat wallet address in the Recipient field and click Next.
It will cost you the network fee and then you'll receive your own ordinal NFT back in your wallet with a holding of 1,000 sats. Your Bitcoins (sats more than 1,000) that were stuck in the inscription are now free to use.
You can repeat the same process with all ordinal NFT inscriptions that have an output value above 1,000 sats to get your stucked Bitcoin from those inscriptions.
Sats More Than 1,000
Sometimes, when you try to put 1,000 custom output value, your wallet will suggest a certain number to put in the output value field. In that scenario, put that number in the output field.
Frequently Asked Questions
1. Is this possible to use this method for merged inscriptions?
No, it is not possible to use this method for merged inscriptions. First, you need to split the merged inscriptions, and then you can utilize this method to free up your stuck Bitcoin.
2. How to convert sats to BTC and USD?
You can use this converter to convert satoshis (sats) to BTC and USD.
3. Is it profitable to use this method when the current output is below 15,000 sats?
No, it is not profitable to use this method when the current output is below 15,000 sats. This is because you will have to pay a network fee to send the ordinal NFT to your wallet back, and the cost of the fee will be more than the amount of Bitcoin (sats) you will receive.
4. Why should I select 1,000 sats in custom output?
Usually, your ordinal NFT inscription is in the first sats. However, it is good to have a safe range.
5. Is there any problem with ordinal NFTs inscriptions that have an output value below 1,000 sats already?
No, don't worry about them. Just leave them with their current output value.