Supported Tokens
DISCLAIMER: This post contains references to independent products and platforms. Flowty cannot guarantee the safety or security of user assets or information when using these products or platforms.
Dapper Wallet
Flowty has added Dapper Wallet support for secondary marketplace transactions. As of now, Dapper Wallet is not compatible with Flowty Loans or Rentals.
Dapper Wallet cannot store traditional crypto tokens. Instead, Dapper Wallet can store the following:
Dapper Balance - a currency that represents US Dollars. Dapper Balance cannot be used outside of Dapper Wallet transactions.
Flow Utility Token (FUT) - a currency that represents FLOW tokens. Throughout Flowty, we refer to FUT as Dapper FLOW for simplicity's sake. Though they are equivalent from a value standpoint, Dapper FLOW is not the same as FLOW tokens.
One way to think of Dapper Balance and Dapper FLOW is that they are similar to poker chips in that they represent other currencies but cannot be used outside of Dapper Wallet.
Outside of Dapper Wallet, we support the following fungible tokens (all Flow blockchain based):
Stablecoins (pegged to USD):
$USDC
Non-Stablecoins (fluctuating USD value):
$FLOW (Note: in this post, FLOW is the token, Flow is the blockchain)
No Longer Supporting:
$tUSDT (Teleported USDT) $FUSD
If you would like us to add support for another token, please let us know in Discord
How to Acquire / Sell Supported Tokens Under Different Scenarios:
Scenario 1: Have fiat, need Flow tokens
Easiest:
Purchase FLOW on Coinbase
Transfer FLOW to Flow Reference Wallet or Blocto
Keep FLOW or convert to desired Flow-based token using Increment
Most Direct (Restricted to Blocto):
Open Blocto app
Navigate to Wallet
Click “+” to add [target Flow token]
Select [target Flow token] from wallet
Select Buy and follow prompts
Alternative:
Create a Kraken account on the website or mobile app
Search and select FLOW
Click ‘new order’ and input the desired amount
Attempt to confirm the transaction and select the preferred payment method
When the transaction is finalized, the FLOW will appear in your Kraken account
Click on funding at the top of the Kraken home page (Withdraw crypto from Kraken to a wallet -> helpful post)
Select withdrawal and search for the currency you wish to withdraw
Input your Flow wallet address and the withdrawal amount
Click withdraw and confirm the transaction
The funds will appear in your wallet shortly thereafter
Scenario 2: Have crypto, need Flow-based token
As of May 19, 2022, users in many countries can use Coinbase to purchase FLOW. For some, selling other crypto and purchasing FLOW via Coinbase may be the easiest option.
To swap Ethereum tokens to Flow tokens, you need to convert crypto to USDC first
Go to Uniswap
Connect Ethereum wallet
Swap crypto for USDC (Ethereum version)
Confirm the swap - you will be charged a gas fee for this transaction
Transfer USDC from Ethereum to Flow
Go to Celer Bridge
Sign in with a Blocto or Flow Reference wallet
Connect an Ethereum wallet (containing USDC)
Input USDC in ‘from’ and USDC in ‘to’
Enable USDC
Approve USDC
Bridge (may take 5–10 minutes)
Swap USDC for other Flow tokens
Open Increment
Input USDC in ‘from’ and [target token] in ‘to’ and confirm the swap
Scenario 3: Have one type of Flow token, need another type of Flow token
Go to Increment
Sign in with your Flow wallet
Input [token you have] in ‘from’ and [target token] in ‘to’
Click swap
Confirm the swap
Scenario 4: Have Flow-based token, need Ethereum-based tokens
Swapping for Eth-based tokens
Go to Increment
Swap Flow-based token for USDC
Open Celer Bridge
Input USDC in ‘from’ and USDC in ‘to’
Confirm the swap
Open Uniswap
Swap USDC for desired token — there will be a gas fee
Scenario 5: Have Flow token, need fiat
Easiest:
Convert Flow token to FLOW
Send to Coinbase
Sell -> withdraw
Alternative:
Go to Increment
Swap Flow token for FLOW (skip if you have FLOW already)
Send FLOW to an exchange (Kraken, Kucoin, etc)
Sell FLOW and send proceeds to bank
Scenario 6: Have Dapper Balance, need Flow tokens
Easiest (for users with this feature enabled):
Open Dapper Wallet
Select “Home”
Select “Withdraw Balance”
Withdraw to USDC on Flow
Use USDC or swap to desired token on Flow via Increment
Alternative:
Open Dapper Wallet
Select “Home”
Select “Withdraw Balance”
Withdraw to USDC on Ethereum
Send USDC to Coinbase
Sell USDC on Coinbase
Buy FLOW on Coinbase
Alternative:
Open Dapper Wallet
Select “Home”
Select “Withdraw Balance”
Withdraw to USDC on Ethereum
Bridge USDC (Eth) to USDC (Flow) via Celer Bridge
Use USDC (Flow) or swap to desired token on Flow via Increment
Scenario 7: Have Flow-based token, need Dapper balance
Easiest:
Convert tokens to FLOW via Increment
Send FLOW to Coinbase
Sell FLOW
Deposit fiat in Dapper balance or purchase USDC (eth) and deposit Dapper balance
Alternative:
Go to Increment
Swap Flow token for USDC (Flow) (skip if you already have USDC)
Open Celer Bridge
Select ‘connect Ethereum wallet’ and connect your wallet
Input USDC in ‘from’ and USDC in ‘to’
Confirm the swap
Deposit USDC to Dapper balance
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