Using Trust Line for XRPL
Last updated
Last updated
This is an instruction guide on how to add a Trust Line account to your XRPL and how to activate it in order to receive the Trust Asset (IOU).
1) Click on the Add account (+) button and search for the name of the Trust Line account you’d like to add.
2) For example, we will add Elysian (ELS). Search for "ELS" and click on the Elysian (ELS) TrustLine from the list.
3) Select your XRP account to set it as the Fee Account. Click "Next" to continue.
4) You can label your account or set it as default. Click "Create" to add this Trust Line account.
5) The Trust Line account added should show up under the XRP account.
Remember that just adding a Trust Line account does not mean you can receive the Trust Asset (IOUs) to this account. You must first set (activate) the Trust Line before you can receive funds.
1) Click on the Trust Line account and click on the "Receive" button.
2) Notice that before activation, the address is not displayed. Click on "Set Trustline" to start the activation.
3) Note that setting(activating) a Trust Line will reserve 2 XRP (at the time of writing). To activate the Trust Line, click on the "OK" button.
4) Activating a Trust Line will send a transaction to the XRPL blockchain network and a small transaction fee is required. Enter your password to sign this transaction. If you are using a Biometric wallet, you will sign from that device.
5) When the Trust Line is activated, the account will display the address.
A Trust Line can be deactivated at any time, even if there is remaining funds in that account. However, the funds remaining in the deactivated Trust Line account will become non-transferable. The 2 XRP reserved from setting a Trust Line will become liquid again only if the Trust Line has no remaining balance. Therefore, before you deactivate a Trust Line, it is highly recommended to empty the account.
👉 Disabling a Trust Line account will free up 2 XRP which was reserved (locked) in your XRPL account.
1) Click on the Trust Line account that you wish to disable (deactivate). Click on "Details History".
2) Click on the "ellipsis (the 3 vertical dots)" and click on "Disable Trustline".
3) Read the message and Click on "Disable".
4) Disabling a Trust Line will send a transaction to the XRPL blockchain network and a small transaction fee is required. Enter your password to sign this transaction. If you are using a Biometric wallet, you will sign from that device.
5) Once the Trust Line gets disabled, you will see a message that shows “Trustline is not activated yet”.
Removing a Trust Line account from your wallet is fairly easy.
1) Click on the Trust Line account you wish to remove.
2) Click on "Hide account" to remove this account from the wallet.
