This tutorial will show you how easy it is to set up a SOLO trustline with the Solo DEX XRPL based Wallet.
Step 1:
Connect your wallet to the Sologenic DEX by following the prompts and scanning the QR code.
Ensure your wallet contains at least 2 XRP as it will be reserved to establish the new trustline.
Step 2:
Navigate to your wallet portfolio and press Add Asset.
Step 3:
Select custom asset and input the following data, which is available in the description below:
SOLO Gateway (Issuer):
rsoLo2S1kiGeCcn6hCUXVrCpGMWLrRrLZz
SOLO Currency Code:
534F4C4F00000000000000000000000000000000
Limit:
400000000
Step 4:
Click next and sign the transaction with your mobile device. Setting up your SOLO Trustline is now complete.
SOLO Gateway (Issuer):
rsoLo2S1kiGeCcn6hCUXVrCpGMWLrRrLZz
SOLO Currency Code:
534F4C4F00000000000000000000000000000000
Limit:
400000000
A warning about trustlines:
Since anybody can create a token on the xrpledger, there exist a lot of false currencies out there. And obviously, if you trade a false currency, you will lose your funds.
For that reason, it is always important to Not trust any website (not even this website) when adding a currency.
Always verify the trustline manually, there are multiple ways to verify a trustline, and we will have a tutorial showing how in the future.