In order to receive payments in anything other than XRP, "trust" has to be extended to some other XRP Ledger account. This specifies that you are willing to have the other account "hold" your funds for later redemption.
See also:
What are issuances?
GateHub Gateways
Trust lines can be enabled and disabled. Note that setting and disabling a trust line consumes a small amount of XRP. This is called the XRP Ledger fee.
To set a trust line:
- Go to "Wallet".
- Select the wallet from the blue drop-down menu at the top left.
- Click "Advanced".
- Under "XRPL Setting" click "TRUST LINES".
- Look for your required currency and click "Enable"
(Example: Enabling EUR trust line)
- Confirm the action by clicking "Submit".
You may have to connect a gateway to receive access to all GateHub-supported currencies.
Each trust line set to your wallet address requires an additional 2 XRP of the owner's reserve. These can be un-reserved by disabling a trust line.
To disable a trust line:
In order to disable a trust line for a specific currency in the chosen XRP Ledger wallet, the balance of that currency must be zero (0).
- Go to “Wallet”.
- Select the wallet from the blue drop-down menu at the top left.
- Click "Advanced".
- Under "XRPL Setting" click "TRUST LINES".
- Look for the enabled trust line below the list of inactive trust lines.
- Click “Remove” to disable the trust line-Enter your account password and 2FA code if requested.
(Example: Removing EUR trust line)
- Confirm the action by clicking "Submit".
Further information about gateways, trust lines, and issuances is available here.