On Hedera, HTS allows you to create fungible tokens which behave similarly to ERC20 tokens, but they aren’t an exact match. One of the key differences is that an account needs to explicitly “opt-in” to a particular token in order to interact with it. This is called “token association”.
- First rename the
.env.examplefile to.env. - Next update the values of
OPERATOR_IDandOPERATOR_KEY.
The
OPERATOR_IDwill be the ED25519 account id and theOPERATOR_KEYwill be the DER Encoded Private Key. You can grab this information from the Hedera Portal
TokenAssociateTransactionclass is used to build the tranasction to associate the provided Hedera account with the provided Hedera token(s.setAccountId()method sets the account to be associated with the provided tokens. Expects anAccountIdsetTokenIds()method set the tokens to be associated with the provided account. Expects aList <TokenId>.freezeWith()method freezes this transaction from further modification to prepare for signing or serialization.