> ## Documentation Index
> Fetch the complete documentation index at: https://docs.digitalasset.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Credentials

Preparing credentials for token transfer.

## Registrar offers credential of token holder to Investor2

Registrar (of BOND) offers a free credential to Investor2 (as a holder of BOND).

| Actor     | Utility Module |
| --------- | -------------- |
| Registrar | CREDENTIAL     |

<iframe src="https://www.youtube.com/embed/h6BuWnYvT-c" width="560" height="315" frameBorder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowFullScreen />

## Investor2 accepts credential offer

Investor2 accepts the credential offer.

| Actor     | Utility Module |
| --------- | -------------- |
| Investor2 | CREDENTIAL     |

Select OFFERS on the left navigation. There is one credential offer from Registrar. Click ACCEPT. Now a credential is created. Congratulations! All credentials are ready. It is time for the token issuance and transfer.

<img src="https://mintcdn.com/digitalasset-374e862b/3xansDPh-Xla-c2l/registry/tutorials/transfer/pictures/Investor2-accepts-credential-offer.gif?s=ed5cbc1d258041ec91ff73fbd0ff0327" alt="Investor2 accepts credential offer" width="1209" height="687" data-path="registry/tutorials/transfer/pictures/Investor2-accepts-credential-offer.gif" />

Congratulations! All credentials are ready. It is time for the token issuance and transfer.