Edibility
The two-colored bolete is an edible mushroom, although some may have an allergic reaction after ingestion that results in stomach upset. The mushroom has a very mild to no taste although it is said to have a very distinctive taste like that of the king bolete. It can be cooked several ways, and the varying color of the cap can be used to determine if the mushroom is ready to be eaten. If the cap is a lighter red, then it is less mature and is in a stage where it is often larva infested or it can be soft fleshed, in some cases both. The cap should have a dark brick red color when safe to eat. Drying the two-colored bolete is a good method for storage. It is important to note the time it takes for the two-colored bolete to bruise when identifying it for consumption; the mushroom should take several minutes to bruise compared to the instant bruising of Boletus sensibilis, which is poisonous and has many of the same visual characteristics of the two-colored bolete.
Read more about this topic: Boletus Bicolor