Create and Transfer Your First Fungible Token
Fungible tokens share a single set of properties and have interchangeable value with one another. Use cases for fungible tokens include applications like stablecoins, in-game rewards systems, crypto tokens, loyalty program points, and much more.
We recommend you complete the following introduction to get a basic understanding of Hedera transactions. This example does not build upon the previous examples.
Use
TokenCreateTransaction() to create a fungible token and configure its properties. At a minimum, this constructor requires setting a name, symbol, and treasury account ID. All other fields are optional, so if they’re not specified then default values are used. For instance, not specifying an admin key, makes a token immutable (can’t change or add properties); not specifying a supply key, makes a token supply fixed (can’t mint new or burn existing tokens); not specifying a token type, makes a token fungible.After submitting the transaction to the Hedera network, you can obtain the new token ID by requesting the receipt.
Unlike NFTs, fungible tokens do not require the decimals and initial supply to be set to zero during creation. In this case, we set the initial supply to 100 units, which is shown in the code as 10000 to account to 2 decimals.
Java
JavaScript
Go
// CREATE FUNGIBLE TOKEN (STABLECOIN)
TokenCreateTransaction tokenCreateTx = new TokenCreateTransaction()
.setTokenName("USD Bar")
.setTokenSymbol("USDB")
.setTokenType(TokenType.FUNGIBLE_COMMON)
.setDecimals(2)
.setInitialSupply(10000)
.setTreasuryAccountId(treasuryId)
.setSupplyType(TokenSupplyType.INFINITE)
.setSupplyKey(supplyKey)
.freezeWith(client);
//SIGN WITH TREASURY KEY
TokenCreateTransaction tokenCreateSign = tokenCreateTx.sign(treasuryKey);
//SUBMIT THE TRANSACTION
TransactionResponse tokenCreateSubmit = tokenCreateSign.execute(client);
//GET THE TRANSACTION RECEIPT
TransactionReceipt tokenCreateRx = tokenCreateSubmit.getReceipt(client);
//GET THE TOKEN ID
TokenId tokenId = tokenCreateRx.tokenId;
//LOG THE TOKEN ID TO THE CONSOLE
System.out.println("Created token with ID: " +tokenId);
// CREATE FUNGIBLE TOKEN (STABLECOIN)
let tokenCreateTx = await new TokenCreateTransaction()
.setTokenName("USD Bar")
.setTokenSymbol("USDB")
.setTokenType(TokenType.FungibleCommon)
.setDecimals(2)
.setInitialSupply(10000)
.setTreasuryAccountId(treasuryId)
.setSupplyType(TokenSupplyType.Infinite)
.setSupplyKey(supplyKey)
.freezeWith(client);
//SIGN WITH TREASURY KEY
let tokenCreateSign = await tokenCreateTx.sign(treasuryKey);
//SUBMIT THE TRANSACTION
let tokenCreateSubmit = await tokenCreateSign.execute(client);
//GET THE TRANSACTION RECEIPT
let tokenCreateRx = await tokenCreateSubmit.getReceipt(client);
//GET THE TOKEN ID
let tokenId = tokenCreateRx.tokenId;
//LOG THE TOKEN ID TO THE CONSOLE
console.log(`- Created token with ID: ${tokenId} \n`);
//CREATE FUNGIBLE TOKEN (STABLECOIN)
tokenCreateTx, err := hedera.NewTokenCreateTransaction().
SetTokenName("USD Bar").
SetTokenSymbol("USDB").
SetTokenType(hedera.TokenTypeFungibleCommon).
SetDecimals(2).
SetInitialSupply(10000).
SetTreasuryAccountID(treasuryAccountId).
SetSupplyType(hedera.TokenSupplyTypeInfinite).
SetSupplyKey(supplyKey).
FreezeWith(client)
//SIGN WITH TREASURY KEY
tokenCreateSign := tokenCreateTx.Sign(treasuryKey)
//SUBMIT THE TRANSACTION
tokenCreateSubmit, err := tokenCreateSign.Execute(client)
//GET THE TRANSACTION RECEIPT
tokenCreateRx, err := tokenCreateSubmit.GetReceipt(client)
//GET THE TOKEN ID
tokenId := *tokenCreateRx.TokenID
//LOG THE TOKEN ID TO THE CONSOLE
fmt.Println("Created fungible token with token ID", tokenId)
Before an account that is not the treasury for a token can receive or send this specific token ID, the account must become “associated” with the token.
Java
JavaScript
Go
// TOKEN ASSOCIATION WITH ALICE's ACCOUNT
TokenAssociateTransaction associateAliceTx = new TokenAssociateTransaction()
.setAccountId(aliceAccountId)
.setTokenIds(Collections.singletonList(tokenId))
.freezeWith(client)
.sign(aliceKey);
//SUBMIT THE TRANSACTION
TransactionResponse associateAliceTxSubmit = associateAliceTx.execute(client);
//GET THE RECEIPT OF THE TRANSACTION
TransactionReceipt associateAliceRx = associateAliceTxSubmit.getReceipt(client);
//LOG THE TRANSACTION STATUS
System.out.println("Token association with Alice's account: " +associateAliceRx.status);
// TOKEN ASSOCIATION WITH ALICE's ACCOUNT
let associateAliceTx = await new TokenAssociateTransaction()
.setAccountId(aliceId)
.setTokenIds([tokenId])
.freezeWith(client)
.sign(aliceKey);
//SUBMIT THE TRANSACTION
let associateAliceTxSubmit = await associateAliceTx.execute(client);
//GET THE RECEIPT OF THE TRANSACTION
let associateAliceRx = await associateAliceTxSubmit.getReceipt(client);
//LOG THE TRANSACTION STATUS
console.log(`- Token association with Alice's account: ${associateAliceRx.status} \n`);
//TOKEN ASSOCIATION WITH ALICE's ACCOUNT
associateAliceTx, err := hedera.NewTokenAssociateTransaction().
SetAccountID(aliceAccountId).
SetTokenIDs(tokenId).
FreezeWith(client)
//SIGN WITH ALICE'S KEY TO AUTHORIZE THE ASSOCIATION
signTx := associateAliceTx.Sign(aliceKey)
//SUBMIT THE TRANSACTION
associateAliceTxSubmit, err := signTx.Execute(client)
//GET THE RECEIPT OF THE TRANSACTION
associateAliceRx, err := associateAliceTxSubmit.GetReceipt(client)
//LOG THE TRANSACTION STATUS
fmt.Println("Non-fungible token association with Alice's account:", associateAliceRx.Status)
Now, transfer 25 units of the token from the Treasury to Alice and check the account balances before and after the transfer.
Java
JavaScript
Go
//BALANCE CHECK
AccountBalance balanceCheckTreasury = new AccountBalanceQuery().setAccountId(treasuryId).execute(client);
System.out.println(" Treasury balance: " +balanceCheckTreasury.tokens + " units of token ID" +tokenId);
AccountBalance balanceCheckAlice = new AccountBalanceQuery().setAccountId(aliceAccountId).execute(client);
System.out.println("Alice's balance: " + balanceCheckAlice.tokens + " units of token ID " + tokenId);
//TRANSFER STABLECOIN FROM TREASURY TO ALICE
TransferTransaction tokenTransferTx = new TransferTransaction()
.addTokenTransfer(tokenId, treasuryId, -2500)
.addTokenTransfer(tokenId, aliceAccountId, 2500)
.freezeWith(client)
.sign(treasuryKey);
//SUBMIT THE TRANSACTION
TransactionResponse tokenTransferSubmit = tokenTransferTx.execute(client);
//GET THE RECEIPT OF THE TRANSACTION
TransactionReceipt tokenTransferRx = tokenTransferSubmit.getReceipt(client);
//LOG THE TRANSACTION STATUS
System.out.println("Stablecoin transfer from Treasury to Alice: " + tokenTransferRx.status );
//BALANCE CHECK
AccountBalance balanceCheckTreasury2 = new AccountBalanceQuery().setAccountId(treasuryId).execute(client);
System.out.println("Treasury balance " + balanceCheckTreasury2.tokens + " units of token ID " + tokenId);
AccountBalance balanceCheckAlice2 = new AccountBalanceQuery().setAccountId(aliceAccountId).execute(client);
System.out.println("Alice's balance: " +balanceCheckAlice2.tokens + " units of token ID " + tokenId);
//BALANCE CHECK
var balanceCheckTx = await new AccountBalanceQuery().setAccountId(treasuryId).execute(client);
console.log(`- Treasury balance: ${balanceCheckTx.tokens._map.get(tokenId.toString())} units of token ID ${tokenId}`);
var balanceCheckTx = await new AccountBalanceQuery().setAccountId(aliceId).execute(client);
console.log(`- Alice's balance: ${balanceCheckTx.tokens._map.get(tokenId.toString())} units of token ID ${tokenId}`);
// TRANSFER STABLECOIN FROM TREASURY TO ALICE
let tokenTransferTx = await new TransferTransaction()
.addTokenTransfer(tokenId, treasuryId, -2500)
.addTokenTransfer(tokenId, aliceId, 2500)
.freezeWith(client)
.sign(treasuryKey);
//SUBMIT THE TRANSACTION
let tokenTransferSubmit = await tokenTransferTx.execute(client);
//GET THE RECEIPT OF THE TRANSACTION
let tokenTransferRx = await tokenTransferSubmit.getReceipt(client);
//LOG THE TRANSACTION STATUS
console.log(`\n- Stablecoin transfer from Treasury to Alice: ${tokenTransferRx.status} \n`);
// BALANCE CHECK
var balanceCheckTx = await new AccountBalanceQuery().setAccountId(treasuryId).execute(client);
console.log(`- Treasury balance: ${balanceCheckTx.tokens._map.get(tokenId.toString())} units of token ID ${tokenId}`);
var balanceCheckTx = await new AccountBalanceQuery().setAccountId(aliceId).execute(client);
console.log(`- Alice's balance: ${balanceCheckTx.tokens._map.get(tokenId.toString())} units of token ID ${tokenId}`);
//CHECK THE BALANCE BEFORE THE TRANSFER FROM THE TREASURY ACCOUNT
balanceCheckTreasury, err := hedera.NewAccountBalanceQuery().SetAccountID(treasuryAccountId).Execute(client)
fmt.Println("Treasury balance:", balanceCheckTreasury.Tokens, "units of token ID", tokenId)
//CHECK THE BALANCE BEFORE THE TRANSFER FOR ALICE'S ACCOUNT
balanceCheckAlice, err := hedera.NewAccountBalanceQuery().SetAccountID(aliceAccountId).Execute(client)
fmt.Println("Alice's balance:", balanceCheckAlice.Tokens, "units of token ID", tokenId)
//TRANSFER THE STABLECOIN TO ALICE
tokenTransferTx, err := hedera.NewTransferTransaction().
AddTokenTransfer(tokenId, treasuryAccountId, -2500).
AddTokenTransfer(tokenId, aliceAccountId, 2500).
FreezeWith(client)
//SIGN WITH THE TREASURY KEY TO AUTHORIZE THE TRANSFER
signTransferTx := tokenTransferTx.Sign(treasuryKey)
//SUBMIT THE TRANSACTION
tokenTransferSubmit, err := signTransferTx.Execute(client)
//GET THE TRANSACTION RECEIPT
tokenTransferRx, err := tokenTransferSubmit.GetReceipt(client)
fmt.Println("Token transfer from Treasury to Alice:", tokenTransferRx.Status)
//CHECK THE BALANCE AFTER THE TRANSFER FOR THE TREASURY ACCOUNT
balanceCheckTreasury2, err := hedera.NewAccountBalanceQuery().SetAccountID(treasuryAccountId).Execute(client)
fmt.Println("Treasury balance:", balanceCheckTreasury2.Tokens, "units of token", tokenId)
//CHECK THE BALANCE AFTER THE TRANSFER FOR ALICE'S ACCOUNT
balanceCheckAlice2, err := hedera.NewAccountBalanceQuery().SetAccountID(aliceAccountId).Execute(client)
gofmt.Println("Alice's balance:", balanceCheckAlice2.Tokens, "units of token", tokenId)
Java
JavaScript
Go
import com.hedera.hashgraph.sdk.*;
import io.github.cdimascio.dotenv.Dotenv;
import java.util.Collections;
import java.util.Objects;
import java.util.concurrent.TimeoutException;
public class CreateFungibleTutorial {
public static void main(String[] args) throws TimeoutException, PrecheckStatusException, ReceiptStatusException {
//Grab your Hedera testnet account ID and private key
AccountId myAccountId = AccountId.fromString(Objects.requireNonNull(Dotenv.load().get("MY_ACCOUNT_ID")));
PrivateKey myPrivateKey = PrivateKey.fromString(Objects.requireNonNull(Dotenv.load().get("MY_PRIVATE_KEY")));
//Create your Hedera testnet client
Client client = Client.forTestnet();
client.setOperator(myAccountId, myPrivateKey);
//Treasury Key
PrivateKey treasuryKey = PrivateKey.generate();
PublicKey treasuryPublicKey = treasuryKey.getPublicKey();
//Create treasury account
TransactionResponse treasuryAccount = new AccountCreateTransaction()
.setKey(treasuryPublicKey)
.setInitialBalance(new Hbar(10))
.execute(client);
AccountId treasuryId = treasuryAccount.getReceipt(client).accountId;
//Alice Key
PrivateKey aliceKey = PrivateKey.generate();
PublicKey alicePublicKey = aliceKey.getPublicKey();
//Create Alice's account
TransactionResponse aliceAccount = new AccountCreateTransaction()
.setKey(alicePublicKey)
.setInitialBalance(new Hbar(10))
.execute(client);
AccountId aliceAccountId = aliceAccount.getReceipt(client).accountId;
//Alice Key
PrivateKey supplyKey = PrivateKey.generate();
PublicKey supplyPublicKey = supplyKey.getPublicKey();
// CREATE FUNGIBLE TOKEN (STABLECOIN)
TokenCreateTransaction tokenCreateTx = new TokenCreateTransaction()
.setTokenName("USD Bar")
.setTokenSymbol("USDB")
.setTokenType(TokenType.FUNGIBLE_COMMON)
.setDecimals(2)
.setInitialSupply(10000)
.setTreasuryAccountId(treasuryId)
.setSupplyType(TokenSupplyType.INFINITE)
.setSupplyKey(supplyKey)
.freezeWith(client);
//Sign with the treasury key
TokenCreateTransaction tokenCreateSign = tokenCreateTx.sign(treasuryKey);
//Submit the transaction
TransactionResponse tokenCreateSubmit = tokenCreateSign.execute(client);
//Get the transaction receipt
TransactionReceipt tokenCreateRx = tokenCreateSubmit.getReceipt(client);
//Get the token ID
TokenId tokenId = tokenCreateRx.tokenId;
//Log the token ID to the console
System.out.println("Created token with ID: " +tokenId);
// TOKEN ASSOCIATION WITH ALICE's ACCOUNT
TokenAssociateTransaction associateAliceTx = new TokenAssociateTransaction()
.setAccountId(aliceAccountId)
.setTokenIds(Collections.singletonList(tokenId))
.freezeWith(client)
.sign(aliceKey);
//Submit the transaction
TransactionResponse associateAliceTxSubmit = associateAliceTx.execute(client);
//Get the receipt of the transaction
TransactionReceipt associateAliceRx = associateAliceTxSubmit.getReceipt(client);
//Get the transaction status
System.out.println("Token association with Alice's account: " +associateAliceRx.status);
// BALANCE CHECK
AccountBalance balanceCheckTreasury = new AccountBalanceQuery().setAccountId(treasuryId).execute(client);
System.out.println(" Treasury balance: " +balanceCheckTreasury.tokens + " units of token ID" +tokenId);
AccountBalance balanceCheckAlice = new AccountBalanceQuery().setAccountId(aliceAccountId).execute(client);
System.out.println("Alice's balance: " + balanceCheckAlice.tokens + " units of token ID " + tokenId);
// TRANSFER STABLECOIN FROM TREASURY TO ALICE
TransferTransaction tokenTransferTx = new TransferTransaction()
.addTokenTransfer(tokenId, treasuryId, -2500)
.addTokenTransfer(tokenId, aliceAccountId, 2500)
.freezeWith(client)
.sign(treasuryKey);
//SUBMIT THE TRANSACTION
TransactionResponse tokenTransferSubmit = tokenTransferTx.execute(client);
//GET THE RECEIPT OF THE TRANSACTION
TransactionReceipt tokenTransferRx = tokenTransferSubmit.getReceipt(client);
//LOG THE TRANSACTION STATUS
System.out.println("Stablecoin transfer from Treasury to Alice: " + tokenTransferRx.status );
// BALANCE CHECK
AccountBalance balanceCheckTreasury2 = new AccountBalanceQuery().setAccountId(treasuryId).execute(client);
System.out.println("Treasury balance " + balanceCheckTreasury2.tokens + " units of token ID " + tokenId);
AccountBalance balanceCheckAlice2 = new AccountBalanceQuery().setAccountId(aliceAccountId).execute(client);
System.out.println("Alice's balance: " +balanceCheckAlice2.tokens + " units of token ID " + tokenId);
}
}
console.clear();
require("dotenv").config();
const {
AccountId,
PrivateKey,
Client,
TokenCreateTransaction,
TokenType,
TokenSupplyType,
TransferTransaction,
AccountBalanceQuery,
TokenAssociateTransaction,
} = require("@hashgraph/sdk");
// Configure accounts and client, and generate needed keys
const operatorId = AccountId.fromString(process.env.OPERATOR_ID);
const operatorKey = PrivateKey.fromString(process.env.OPERATOR_PVKEY);
const treasuryId = AccountId.fromString(process.env.TREASURY_ID);
const treasuryKey = PrivateKey.fromString(process.env.TREASURY_PVKEY);
const aliceId = AccountId.fromString(process.env.ALICE_ID);
const aliceKey = PrivateKey.fromString(process.env.ALICE_PVKEY);
const client = Client.forTestnet().setOperator(operatorId, operatorKey);
const supplyKey = PrivateKey.generate();
async function main() {
//CREATE FUNGIBLE TOKEN (STABLECOIN)
let tokenCreateTx = await new TokenCreateTransaction()
.setTokenName("USD Bar")
.setTokenSymbol("USDB")
.setTokenType(TokenType.FungibleCommon)
.setDecimals(2)
.setInitialSupply(10000)
.setTreasuryAccountId(treasuryId)
.setSupplyType(TokenSupplyType.Infinite)
.setSupplyKey(supplyKey)
.freezeWith(client);
let tokenCreateSign = await tokenCreateTx.sign(treasuryKey);
let tokenCreateSubmit = await tokenCreateSign.execute(client);
let tokenCreateRx = await tokenCreateSubmit.getReceipt(client);
let tokenId = tokenCreateRx.tokenId;
console.log(`- Created token with ID: ${tokenId} \n`);
//TOKEN ASSOCIATION WITH ALICE's ACCOUNT
let associateAliceTx = await new TokenAssociateTransaction()
.setAccountId(aliceId)
.setTokenIds([tokenId])
.freezeWith(client)
.sign(aliceKey);
let associateAliceTxSubmit = await associateAliceTx.execute(client);
let associateAliceRx = await associateAliceTxSubmit.getReceipt(client);
console.log(`- Token association with Alice's account: ${associateAliceRx.status} \n`);
//BALANCE CHECK
var balanceCheckTx = await new AccountBalanceQuery().setAccountId(treasuryId).execute(client);
console.log(`- Treasury balance: ${balanceCheckTx.tokens._map.get(tokenId.toString())} units of token ID ${tokenId}`);
var balanceCheckTx = await new AccountBalanceQuery().setAccountId(aliceId).execute(client);
console.log(`- Alice's balance: ${balanceCheckTx.tokens._map.get(tokenId.toString())} units of token ID ${tokenId}`);
//TRANSFER STABLECOIN FROM TREASURY TO ALICE
let tokenTransferTx = await new TransferTransaction()
.addTokenTransfer(tokenId, treasuryId, -2500)
.addTokenTransfer(tokenId, aliceId, 2500)
.freezeWith(client)
.sign(treasuryKey);
let tokenTransferSubmit = await tokenTransferTx.execute(client);
let tokenTransferRx = await tokenTransferSubmit.getReceipt(client);
console.log(`\n- Stablecoin transfer from Treasury to Alice: ${tokenTransferRx.status} \n`);
//BALANCE CHECK
var balanceCheckTx = await new AccountBalanceQuery().setAccountId(treasuryId).execute(client);
console.log(`- Treasury balance: ${balanceCheckTx.tokens._map.get(tokenId.toString())} units of token ID ${tokenId}`);
var balanceCheckTx = await new AccountBalanceQuery().setAccountId(aliceId).execute(client);
console.log(`- Alice's balance: ${balanceCheckTx.tokens._map.get(tokenId.toString())} units of token ID ${tokenId}`);
}
main();
package main
import (
"fmt"
"os"
"github.com/hashgraph/hedera-sdk-go/v2"
"github.com/joho/godotenv"
)
func main() {
//LOADS THE .ENV FILE AND THROWS AN EROOR IF IT CANNOT LOAD THE VARIABLES
err := godotenv.Load(".env")
if err != nil {
panic(fmt.Errorf("Unable to load enviroment variables from .env file. Error:\n%v\n", err))
}
//GRAB YOUR TESTNET ACCOUNT ID AND KEY FROMZ THE .ENV FILE
myAccountId, err := hedera.AccountIDFromString(os.Getenv("MY_ACCOUNT_ID"))
if err != nil {
panic(err)
}
myPrivateKey, err := hedera.PrivateKeyFromString(os.Getenv("MY_PRIVATE_KEY"))
if err != nil {
panic(err)
}
//PRINT ACCOUNT ID AND KEY TO MAKE SURE THERE WASN'T AN ERROR READING FROM THE .ENV FILE
fmt.Printf("The account ID is = %v\n", myAccountId)
fmt.Printf("The private key is = %v\n", myPrivateKey)
//CREATE TESTNET CLIENT
client := hedera.ClientForTestnet()
client.SetOperator(myAccountId, myPrivateKey)
//CREATE TREASURY KEY
treasuryKey, err := hedera.GeneratePrivateKey()
treasuryPublicKey := treasuryKey.PublicKey()
//CREATE TREASURY ACCOUNT
treasuryAccount, err := hedera.NewAccountCreateTransaction().
SetKey(treasuryPublicKey).
SetInitialBalance(hedera.NewHbar(10)).
Execute(client)
//GET THE RECEIPT OF THE TRANSACTION
receipt, err := treasuryAccount.GetReceipt(client)
//GET THE ACCOUNT ID
treasuryAccountId := *receipt.AccountID
//ALICE'S KEY
aliceKey, err := hedera.GeneratePrivateKey()
alicePublicKey := aliceKey.PublicKey()
//CREATE AILICE'S ACCOUNT
aliceAccount, err := hedera.NewAccountCreateTransaction().
SetKey(alicePublicKey).
SetInitialBalance(hedera.NewHbar(10)).
Execute(client)
//GET THE RECEIPT OF THE TRANSACTION
receipt2, err := aliceAccount.GetReceipt(client)
//GET ALICE'S ACCOUNT ID
aliceAccountId := *receipt2.AccountID
//CREATE SUPPLY KEY
supplyKey, err := hedera.GeneratePrivateKey()
//CREATE FUNGIBLE TOKEN (STABLECOIN)
tokenCreateTx, err := hedera.NewTokenCreateTransaction().
SetTokenName("USD Bar").
SetTokenSymbol("USDB").
SetTokenType(hedera.TokenTypeFungibleCommon).
SetDecimals(2).
SetInitialSupply(10000).
SetTreasuryAccountID(treasuryAccountId).
SetSupplyType(hedera.TokenSupplyTypeInfinite).
SetSupplyKey(supplyKey).
FreezeWith(client)
//SIGN WITH TREASURY KEY
tokenCreateSign := tokenCreateTx.Sign(treasuryKey)
//SUBMIT THE TRANSACTION
tokenCreateSubmit, err := tokenCreateSign.Execute(client)
//GET THE TRANSACTION RECEIPT
tokenCreateRx, err := tokenCreateSubmit.GetReceipt(client)
//GET THE TOKEN ID
tokenId := *tokenCreateRx.TokenID
//LOG THE TOKEN ID TO THE CONSOLE
fmt.Println("Created fungible token with token ID", tokenId)
//TOKEN ASSOCIATION WITH ALICE's ACCOUNT
associateAliceTx, err := hedera.NewTokenAssociateTransaction().
SetAccountID(aliceAccountId).
SetTokenIDs(tokenId).
FreezeWith(client)
//SIGN WITH ALICE'S KEY TO AUTHORIZE THE ASSOCIATION
signTx := associateAliceTx.Sign(aliceKey)
//SUBMIT THE TRANSACTION
associateAliceTxSubmit, err := signTx.Execute(client)
//GET THE RECEIPT OF THE TRANSACTION
associateAliceRx, err := associateAliceTxSubmit.GetReceipt(client)
//LOG THE TRANSACTION STATUS
fmt.Println("STABLECOIN token association with Alice's account:", associateAliceRx.Status)
//Check the balance before the transfer for the treasury account
balanceCheckTreasury, err := hedera.NewAccountBalanceQuery().SetAccountID(treasuryAccountId).Execute(client)
fmt.Println("Treasury balance:", balanceCheckTreasury.Tokens, "units of token ID", tokenId)
//Check the balance before the transfer for Alice's account
balanceCheckAlice, err := hedera.NewAccountBalanceQuery().SetAccountID(aliceAccountId).Execute(client)
fmt.Println("Alice's balance:", balanceCheckAlice.Tokens, "units of token ID", tokenId)
//Transfer the STABLECOIN from treasury to Alice
tokenTransferTx, err := hedera.NewTransferTransaction().
AddTokenTransfer(tokenId, treasuryAccountId, -2500).
AddTokenTransfer(tokenId, aliceAccountId, 2500).
FreezeWith(client)
//SIGN WITH THE TREASURY KEY TO AUTHORIZE THE TRANSFER
signTransferTx := tokenTransferTx.Sign(treasuryKey)
//SUBMIT THE TRANSACTION
tokenTransferSubmit, err := signTransferTx.Execute(client)
//GET THE TRANSACTION RECEIPT
tokenTransferRx, err := tokenTransferSubmit.GetReceipt(client)
fmt.Println("Token transfer from Treasury to Alice:", tokenTransferRx.Status)
//CHECK THE BALANCE AFTER THE TRANSFER FOR THE TREASURY ACCOUNT
balanceCheckTreasury2, err := hedera.NewAccountBalanceQuery().SetAccountID(treasuryAccountId).Execute(client)
fmt.Println("Treasury balance:", balanceCheckTreasury2.Tokens, "units of token", tokenId)
//CHECK THE BALANCE AFTER THE TRANSFER FOR ALICE'S ACCOUNT
balanceCheckAlice2, err := hedera.NewAccountBalanceQuery().SetAccountID(aliceAccountId).Execute(client)
fmt.Println("Alice's balance:", balanceCheckAlice2.Tokens, "units of token", tokenId)
}
Last modified 6d ago