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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
PropertyDescription
Fee ScheduleThe new fee schedule for the token

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Methods

MethodTypeRequirement
setTokenId(<tokenId>)TokenIdRequired
setCustomFees(<customFees>)List<CustomFee>Optional
//Create the transaction 
TokenFeeScheduleUpdateTransaction transaction = new TokenFeeScheduleUpdateTransaction()
     .setTokenId(tokenId)
     .setCustomFees(customFee)

//Freeze the unsigned transaction, sign with the fee schedule key of the token, submit the transaction to a Hedera network
TransactionResponse txResponse = transaction.freezeWith(client).sign(feeScheduleKey).execute(client);

//Request the receipt of the transaction
TransactionReceipt receipt = txResponse.getReceipt(client);

//Get the transaction consensus status
Status transactionStatus = receipt.status;

System.out.println("The transaction consensus status is " +transactionStatus);
//Version: 2.0.9