> For the complete documentation index, see [llms.txt](https://support.backpack.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://support.backpack.exchange/backpack-securities/tokenized-securities/conversion-flow.md).

# Conversion Flow

Seamlessly convert traditional securities into tokenized securities and vice versa through Backpack Securities deposits and withdrawals.

<table><thead><tr><th width="128.9375">Action</th><th>Result</th></tr></thead><tbody><tr><td>Withdrawal</td><td>Traditional securities on Backpack are tokenized and withdrawn to Solana in the form of tokenized securities.</td></tr><tr><td>Deposit</td><td>Converted into traditional securities holdings.</td></tr></tbody></table>

The process is designed to be as straightforward as depositing or withdrawing a stablecoin between a wallet and an exchange.

### Before You Start

Open [**Backpack Exchange**](https://backpack.exchange/) and log in to access the securities deposit and withdrawal flows.

To convert between tokenized securities (onchain) and a security entitlement (traditional brokerage), you need:

1. A Backpack Exchange account with completed KYC
2. A Solana wallet

> New to Backpack Exchange? See [Create a New Account on Backpack Exchange](https://support.backpack.exchange/exchange/exchange-account/create-a-new-account).

### Withdrawal: Moving Securities Onchain

Withdrawing a tokenized security from Backpack Exchange to Solana follows the same flow as a standard Solana withdrawal from Backpack Exchange.

An estimated platform fee of approximately $0.50 applies and is paid in the tokenized security being withdrawn. There are no additional fees.

{% hint style="info" %}
**Important:** If you're withdrawing to an external exchange or other platform, carefully verify that the destination supports the asset and **confirm the token contract address before transferring**. Sending the asset to an unsupported destination or using an incorrect contract address **may result in a loss of funds**.
{% endhint %}

<figure><img src="https://1790800155-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F3kiM6CAFBZoTCJcZ8X7k%2Fuploads%2FIjWvaAWiEt3jJ6b3kD3V%2FScreenshot%202026-06-12%20at%202.24.07%E2%80%AFAM.png?alt=media&#x26;token=6e67693d-c880-4776-9c32-c9a1c0b8f254" alt=""><figcaption><p>Withdrawing a tokenized security from Backpack Exchange</p></figcaption></figure>

### Deposit: Converting Back to Traditional Securities

Depositing a supported tokenized security into Backpack Exchange from your Solana wallet converts it back into traditional securities holdings.

Backpack does not charge any fees for deposits. However, you may still need to pay the applicable Solana network fee from your wallet.

{% hint style="info" %}
**Important:** Always verify the token’s contract address before depositing. **Tokens with a contract address different from the one shown on the Backpack deposit page may not be recoverable.**
{% endhint %}

<figure><img src="https://1790800155-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F3kiM6CAFBZoTCJcZ8X7k%2Fuploads%2FbwP6lL0LseoDRaiRceCb%2FScreenshot%202026-06-12%20at%202.42.41%E2%80%AFAM.png?alt=media&#x26;token=f0694f39-7fdc-4823-921b-87c0d362cbfc" alt=""><figcaption><p>Depositing a tokenized security into Backpack Exchange</p></figcaption></figure>

***

*The descriptions provided herein are for informational purposes only. For details, please see the Backpack Securities Terms of Service, available in the* [*User Agreement*](https://support.backpack.exchange/legal/general-legal/user-agreement)*.*


---

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