How to transfer fungible tokens
Last updated
Last updated
This page describes how to transfer Fungible Tokens on TRAIT Blockchain.
Before you proceed, ensure you satisfy the following prerequisites:
Create an owner address (see: Jumpstart: setup root addresses)
Ensure you have enough TRAIT tokens (see: Jumpstart: obtain TRAIT tokens)
Ensure you have already created an AppAgent (see: How to create AppAgent)
Ensure the AppAgent already has an admin added (see: How to add & delete AppAgent Admin)
Ensure the FT is created and you own at least as many tokens as you wish to transfer (see : How to create a fungible token)
Why are we using a clearing transaction to transfer a FT?
FTs can only be created by an AppAgent. An AppAgent address is a keyless address and it can only be used through Clearing Transactions