Add a trust line to ALV in your account

Add a trust line to ALV in your account

What is a trust line
A trust line represents an authorization for another account to send you payments in the specified currency and amount. The assets created in the XRP Ledger, such as ALV, need a trust line to be sent and received between two accounts.

When you create a trust line in your account, it is enabled to receive payments sent by the other account. In short, a trust line identifies an account that can send you payments, the currency that can be sent, and the maximum amount that is accepted.

The basic information of the trust line is the currency’s acronym (“currency)”, the address of the account you wish to authorize to send you payments (“counterparty”), and the maximum limit of the authorized amount (“limit value”).

A trust line for Allvor

The basic data for adding a trust line for Allvor are as follows:

Currency:         ALV

Counterparty:  raEQc5krJ2rUXyi6fgmUAf63oAXmF7p6jp

Limit Value:     100,000,000

Currency and Counterparty are fixed and mandatory data. Limit value is an amount that you must specify. We suggest that you specify a high amount, for example, 100,000,000 (100 million).

How to add the trust line in your wallet

The process of adding a trust line may vary a little depending on the wallet you use. See below some specific instructions for Gatehub and Rippex:

Gatehub

  • Access your wallet.
  • Click on the Advanced option
  • Click on the Set Trust button
  • Enter your password
  • Copy and paste the ALV account number (  raEQc5krJ2rUXyi6fgmUAf63oAXmF7p6jp  ) into the Ripple Address and enter the currency code ( ALV ).
  • Click Submit.

Ripple Desktop Wallets (such as Rippex, Ripple China and Ripple Fox)

  • Click on the Trust Line menu and then on the Add trust line button.
  • Under Counterparty Address, copy and paste the ALV account number (  raEQc5krJ2rUXyi6fgmUAf63oAXmF7p6jp  ).
  • Under amount, enter a high number, for example, 100 million (  100,000,000  ).
  • In the field next to it, type ALV ( ALV ).
  • Under Allow Rippling, check Disallow Rippling.
  • Click Save to finish.

Toast Wallet

  • Access your account by the browser following the Toast Wallet guidelines. To do this you will need to make a backup on your device and copy code to paste in the field informed.
  • After that, just open your wallet and follow the instructions:
  • Click Add Trustline
  • Add the Allvor trust line information:
  • Issuer adrees (  raEQc5krJ2rUXyi6fgmUAf63oAXmF7p6jp  )
  • Currency code ( ALV )
  • Trust line limit ( 100000000 )
  • Under Allow Rippling, check Disallow Rippling.
  • On the next screen, make sure the information is correct, enter your Passphrase and click Submit Trustline.

Wallets that cannot create a trust line

If you use a wallet which does not allow you to enter a trust line, you can use your secret key to open your account by using a wallet that has this feature, such as known variations from the Ripple Desktop Wallet, and then enter the trust line.

Initial Distribution Program

The Allvor initial offer will be free and for the community.

Allvor proposes the integration of the XRP Ledger’s superior technology with systems and protocols used in e-commerce as a way to boost the cryptocurrency use on a global scale.

Allvor White Paper