Send and Receive Tokens (Beyond XRP) with React.js

Found in: Send and receive tokens (beyond XRP) with React.js

On the XRPL, you can create tokens to represent valuable things beyond XRP. Take this lesson quiz to confirm you know the fine details that go into sending and receiving tokens beyond XRP with React.js

Why is a trust line necessary for transactions with tokens and currency?

A) By establishing trust lines with different assets, users can participate in trustless trading and make atomic swaps between assets directly on the XRPL without relying on a centralized intermediary.

B) Without trust lines, accounts could be subject to receiving assets or tokens that they do not want to receive.

C) We use trust line as a means of consenting to receive currency or a token.

D) All of the above

Which of the following statements best summarizes how we use trust lines?

A) When sending currency, a trust line must be created from the receiving/destination account to the sending/issuer account.

B) When sending currency, a trust line must be created from the sending/issuer account to the receiving/destination account.

C) After initiating a transaction with currency between two accounts, both accounts must approve a mutual trust line for the currency transaction to go through.

D) All of the above.

Which hook in the nice-xrpl library creates a trust line?

const [trustlines, setTrustlines] = useState([]);

useCreateTrustline()

setTrustlines((trustlines)

useIsConnected()

To change the currency of a transaction in the example code sandbox, which file should be edited?

A) App.jsx

B) send-currency.jsx

C) wallet-info.jsx

D) source-wallet.jsx

Time is Up!

Time's up

Join Discord Channel discord

XRPL LEARNING PORTAL

About
Courses
Study Center
Blog

XRPL STUDY CENTER

Glossary
Quizzes
Code Sandboxes
FAQ’s

XRPL.ORG

XRP Ledger Documentation
XRPL.org