Add a Trustline of CoinVisa (CVS) to Your Lobstr Wallet & Stellar Wallet Exchange
In order to hold a balance of a specific asset, you first need to add a trustline for that asset in your wallet. Adding a trustline is the equivalent of telling the Stellar network that you trust that asset and it is ok for other wallets to send you that asset.
Your wallet MUST be funded with XLM in order to add a trustline. If you do not have any XLM in your wallet, you will not be able to add trust. To fund your wallet with some XLM, you can receive a XLM payment or deposit some non-XLM asset
1 ) Adding CoinVisa (CVS) assets in LOBSTR
Account activation loan
To activate your new Stellar account, you need to have at least 2 XLM on it. This rule is enforced by the Stellar network (not LOBSTR).
2) To add a trustline using Stellarport:
After generating our wallet, we need to ACTIVATE the wallet. In order to activate the wallet, we need to fund it with some initial XLM. There are two ways of doing that:
- Send some XLM to the wallet : If we use this method, we just need to send a payment to our wallet’s public address. Once the payment is received, the wallet will be activated and we will be able to use it to interact with Stellar. If using this method, it is recommended to deposit at least 10 XLM.
- Deposit BTC, ETH, XRP or LTC : If we use this method, a small amount of the BTC, ETH, XRP or LTC that we deposit will be converted to XLM first to activate the wallet (after which the rest of the deposited BTC, ETH, XRP or LTC is sent to the wallet).
1.Navigate to your Wallet page
2.Go to the Balances page
3.Click “+ Trustline” (NOTE: this button will only appear if you have a non-zero XLM balance)
4. Choose the asset you would like to hold and add trust to (and then click Finished)