Bloqboard | Help Question

Wrapping ETH & Unwrapping WETH

This guide will walk you through how to wrap ETH and how to unwrap WETH. 

Navigate to the the “My Wallet” tab on the left-hand side of the platform. 


Locate the ETH digital asset. 


Click the “Wrap” button. 


In the pop-up window, enter the amount that would like to wrap. Ensure to keep enough ETH for the gas fee to process transaction. 


Click the “Wrap” button. 


In the MetaMask pop-up window, review the gas fee. 


Click the “Confirm” button. 


After the transaction has confirmed on the Ethereum blockchain, navigate to the “My wallet” tab on the left-hand side of the platform. 


Here, you will be able to see that your ETH balance is lower and your WETH balance is higher by the amount that you just wrapped. 


Now, to unwrap your WETH, start by locating WETH in your wallet. 


Click the “Unwrap” button. 


In the pop-up window, enter the amount that you would like to unwrap. 


Click the “Unwrap” button. 


In the MetaMask pop-up window, review the gas fee. 


Click the “Confirm” button. 


After the transaction confirms on the Ethereum blockchain, navigate to the “My wallet” tab on the left-hand side of the platform


Here, you will be able to see that your ETH balance is higher and your WETH balance is lower by the amount that you just unwrapped. 


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