As recently announced, Incognito app users can now withdrawal PRV off the Incognito chain and onto the Ethereum network (ERC20) or Binance Smart Chain (BSC). If you missed the announcement and want to learn how it works check out this link:
Let’s learn how to Shield and Un-Shield PRV to/from the Incognito network.
Shielding PRV
Step 1 -
From the app home screen: tap on Assets
> Shield my crypto
> Search for Privacy (PRV) (see figure 1 - Privacy (PRV) asset selection).
figure 1 - Privacy (PRV) asset selection
Step 2 -
Next, select which network PRV will be sent from either Ethereum Network (see figure 2a) or Binance Smart Chain (see figure 2b).
figure 2a - Ethereum Network
figure 2b - Binance Smart Chain
Step 3 -
Check the network fee for this transaction (figure 3). If you are okay with this fee then continue to Step 4. Note: The fee amount is deducted from the amount of shielded funds.
figure 3 - Shielding Fee
Step 4 -
Click copy next to your Shield Address (see figure 4). After copying this address paste the address into your external wallet and send funds for shielding.
figure 4 - Copy Shield Addresss
Un-shielding PRV
Step 1 -
Enter the amount of PRV you want to un-shield
Step 2 -
Paste your public wallet address (either ETH or BSC).
Step 3 -
Select which network you are un-shielding to.
Step 4 -
Click Unshield my crypto
.
figure 5 - Unshielding PRV Steps
As usual if anyone has any questions or needs any help with anything please leave a comment below or contact the @Support team.