Trust Lines

We will explain in simple terms what trust lines are on the XRPL as well as how to set one up.

First of all , to hold a token in your wallet, on the XRP ledger, you need to first set up a trust line in order to receive it. So what exactly is a trust line?

To put it in simple terms, trust lines are structures in the XRPL for holding tokens. By having a trust line or not, you "tell" your wallet what tokens you wish to receive or not. That's in simple terms. If you do not set a trust line for a certain token, you will never be able to receive it, unlike on other chains such as ETH, where anyone can send you any token without your consent, putting your wallet and, at the same time, your funds, at risk.

To set up a trust line, a reserve of 2 XRP is required, which will be deducted from your current balance. To get back the 2 XRP that you used for this trust line, you can simply remove it from your wallet.

To sum up, you will need, in total:

• 10 XRP as a reserve to activate your account.

• 2 XRP for each trust line you set.

Now we are going to set up our first trust line using XAMAN (Xumm) Wallet and Ledger Device.

1.Setting up a Trust Line using Xaman Wallet

We will be setting the Trust Line for BAYNANA token.

1. Head to --> https://xrpl.services/

2. Click "$ XRPL TOKENS "

1. In the search bar type the name of the token, which in our case is "BAYNANA"

2. Below you will see all tokens named "BAYNANA".

Be careful as sometimes you might find tokens with the same name which can lead to you trading a completely different token issued by other people. Ask team members of the project if you want to double check the issuer wallet and supply to see whether they match. Many projects include a direct link to their trust line on their discord servers or website.

1. Once you find the token that you wish to set up the trust line for, click "Set TrustLine" as shown below with a red arrow.

1. A new window will appear with a box. Click "Confirm".

2. Then a QR code will appear, which you must scan with your XAMAN wallet.

1. Once you scan the QR code and confirm the transaction, 2 XRP will be deducted from your current balance, and the Trust Line will be created. You are now able to see BAYNANA trust line as shown below. Now you can buy and store BAYNANA tokens in your wallet.

2.Setting up a trust line using a cold storage wallet (i.e Ledger Wallet)

1. Head to --> https://www.xrptoolkit.com/

2. Click --> "Connect Wallet"

Make sure you have installed XRP app on your Ledger device.

1. Open the XRP App using your Ledger Device first, and then choose "Ledger Device" and press "Connect Ledger"

2. Select which accounts you want to import which in that case you will choose the one you want to set trust lines in it. Click "Confirm"

3. You will then see your wallet's profile like below.

1. Click " + Add Asset" .

2. Go to "Custom Edit"

1. We will have to set up the trust line manually.

Issuer:rJ9uU9jKxNcsNQM2CLKUhPxNn8P4xmhDVq

Currency(HEX if more than 3 letters):4241594E414E4100000000000000000000000000

If token's name has only 3 letters you can add those letters to the currency section. In this case BAYNANA has more than 3 letters so you need to use the HEX code.

Limit:20699856 (Don't use decimals)

Limit is the total supply of the token. Be cautious when entering Limit for BAYNANA trust line in the future, since it may be reduced due to burning mechanisms. Double-check everything.

Clicking on BAYNANA name in red will make this box appear.

1. Click "Next" and sign the transaction using your Ledger device.

BAYNANA trust line is now set and can be found in your Assets List.