Hedera
Ask or search…
K

Update token custom fees

Update the custom fees for a given token. If the token does not have a fee schedule, the network response returned will be CUSTOM_SCHEDULE_ALREADY_HAS_NO_FEES. You will need to sign the transaction with the fee schedule key to update the fee schedule for the token. If you do not have a fee schedule key set for the token, you will not be able to update the fee schedule.
Transaction Signing Requirements
  • Fee schedule key
  • Transaction fee payer account key
Transaction Fees
  • Please see the transaction and query fees table for base transaction fee
  • Please use the Hedera fee estimator to estimate your transaction fee cost
Property
Description
Fee Schedule
The new fee schedule for the token
Constructor
Description
new TokenFeeScheduleUpdateTransaction()
Initializes a TokenFeeScheduleUpdateTransaction object
new TokenFeeScheduleUpdateTransaction()

Methods

V1
Method
Type
Requirement
setTokenId(<tokenId>)
TokenId
Required
setCustomFees(<customFees>)
List<CustomFee>
Optional
Java
//Create the transaction
TokenFeeScheduleUpdateTransaction transaction = new TokenFeeScheduleUpdateTransaction()
.setTokenId(tokenId)
.addCustomFee(customFee);
//Freeze the unsigned transaction, sign with the fee schedule key of the token, submit the transaction to a Hedera network
TransactionId txId = transaction.build(client).sign(feeScheduleKey).execute(client);
//Request the receipt of the transaction
TransactionReceipt receipt = txId.getReceipt(client);
//Get the transaction consensus status
Status transactionStatus = receipt.status;
System.out.println("The transaction consensus status is " +transactionStatus);
//Version: 1.5.0
JavaScript
//Update the name of the token
const transaction = new TokenUpdateTransaction()
.setTokenId(tokenId)
.addCustomFee(customFee);
//Build the unsigned transaction, sign with the token fee schedule private, submit the transaction to a Hedera network
const transactionId = await transaction.build(client).sign(feeScheduleKey).execute(client);
//Request the receipt of the transaction
const receipt = await transactionId.getReceipt(client);
//Get the transaction consensus status
const transactionStatus = receipt.status;
console.log("The transaction consensus status is " +transactionStatus);
//Version: 1.4.10