> 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/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Traditional securities on Backpack are tokenized and withdrawn to Solana in the form of tokenized securities.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

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An estimated platform fee of approximately $0.50 applies and is paid in the tokenized security being withdrawn.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.

<figure><img src="/files/FcqVRMHVpw7QlV0bZEMj" alt=""><figcaption><p>Withdrawing a tokenized security from Backpack Exchange</p></figcaption></figure>

### Deposit: Converting Back to Traditional Securities

Depositing a 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.

<figure><img src="/files/4d90ry2DdtrmbTJAPNnH" 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)*.*


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://support.backpack.exchange/exchange/backpack-securities/tokenized-securities/conversion-flow.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.