[Python] How to export a fasttext model created by gensim, to a binary file?

I'm trying to export the fasttext model created by gensim to a binary file. But the docs are unclear about how to achieve this. What I've done so far:

model.wv.save_word2vec_format('model.bin')


But this does not seems like the best solution. Since later when I want to load the model using the :

fasttext.load_facebook_model('model.bin')


I get into an infinite loop. While loading the fasttext.model created by model.save('fasttext.model) function gets completed in around 30 seconds.

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