Issuer: Transfer Fees

Setting things up

Installing Node and VS Code Editor

Installing "XRPL JS TS Demo" and Dependencies

XRP Ledger accounts

Learning More About XRP Ledger Account

Generating XRPL Account

Derive r-address From Secret

Brief Overview of The XRP Ledger

First XRPL interaction

Activate Existing XRPL Account on Test Network

Connecting and Interacting with XRP Ledger: account_info

Interacting with XRP Ledger using JSON-RPC

Error Handling and Best Practices

Basics of XRP and Issued Currency

Signing Payment Transaction

Assignment Solution

Verifying Signature

Submit Transaction Signature To XRP Ledger

Subscription Methods

Subscription Methods To Build Responsive App

Transaction Verification

Balance Detail

Transaction Cost

Measures to Avoid Ledger Spamming

Source And Destination Tags

AccountSet Transaction: Domain, Gravatar

AccountSet Transaction: SetFlag, ClearFlag

Deposit Authorization

Tokens, transactions

Issuing Token on XRPL

Token(IOU): Payment Transaction

Commands To Fetch TrustLine Information

Freeze a TrustLine

Issuer: Transfer Fees

More about TrustLine

Currency Code In Hex Format

Removing a TrustLine

Require authorization Flag

Ledger features

AccountDelete Transaction

Tickets: Theory

TicketCreate Transaction

Delete Ticket Object

SetRegularKey

SetRegularKey: The Concept

Assigning RegularKey

Change RegularKey

Remove RegularKey

Blackhole An Account

MultiSigning

MultiSigning: The Concept

Replace SignerList

Create SignerList

Replace SignerList

Multi-signed Payment Transaction

Removing SignerList

Issuer: Transfer Fees

Intro

A sender should send a little more to cover the transfer fee set by the issuer.

Video

Topics covered

• XRP To XRP transfers can never have a transfer fee, as it’s not issued by any issuer.
• Range of transfer fee.
• Implementing transfer fee.
• Transfers of tokens to and from the issuer will not have a transfer fee.
• Making payment transaction with SendMax to cover the transfer fee.
• Changing the transfer rate.

Update

if (issuerDetail.account_data.TransferRate) {
    const Billion = 1000000000;
    const percentage = ((issuerDetail.account_data.TransferRate - Billion) / Billion) * 100;

    payload.SendMax = {
          currency: asset,
          value: String(Number(process.argv[5]) + (Number(process.argv[5]) * percentage) / 100),
          issuer: issuer,
    };
}

References

• TransferRate
• Payment

• Issuer: Transfer Fees
• Intro
• Video
• Topics covered
• Update
• References