How To Trade

2. Wrap Tokens

Wrap your tokens to add KYC functionality.

After completing KYC, you will now wrap your tokens into Safe Tokens. Wrapping adds KYC functionality to your tokens. The Safe Token (wrapper token) is always 1:1 redeemable for the underlying token.

  • Safe Tokens are wrapper tokens with KYC checks
  • You must pass KYC to wrap and trade
  • Blue Network supports KYC/AML trading of ETH, wBTC, USDC, USDT, and DAI
  • There are no fees to wrap or trade

1. Go to blue.fi

Head over to blue.fi/wrap and connect your wallet.

2. Select token to wrap

Select the token you would like to wrap. Currently, you can only add KYC to ETH, wBTC, USDC, USDT, and DAI to mint ETH.safe, wBTC.safe, USDC.safe, USDT.safe, and DAI.safe.

3. Click Wrap

Wrapping works just like a regular smart contract transaction, first you must approve the transaction amount, then you must actually perform the wrap.

If the wrapping process fails, it is most likely because your wallet does not have a KYC credential (i.e., non-transferrable NFT from Goldfinch UID). To acquire a KYC credential, please click here.

Don't see a token you would like to wrap? Please reach out to admin@blue.fi and we will add support in the near future.

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3. Trade