Cryptocurrency Q&A
Why do I need ETH to send USDT?
Why do I need ETH to send USDT?
Carlo
Fri Nov 29 2024
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6 answers
1304
I'm trying to send USDT, but I'm being told that I need ETH in my wallet to do so. I don't understand why this is the case. Why can't I just send the USDT directly without needing ETH?
6 answers
OpalSolitude
Sun Dec 01 2024
Mining fees are essential for the validation and processing of transactions within the Ethereum network.
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TeaCeremony
Sun Dec 01 2024
Coins issued on the Ethereum blockchain hold a specific designation known as 'ERC-20' tokens.
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GinsengBoostPowerBoost
Sun Dec 01 2024
These ERC-20 tokens operate within the Ethereum ecosystem and necessitate the use of Ethereum (ETH) for various transactional purposes.
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Skywalker
Sun Dec 01 2024
One crucial aspect of ERC-20 tokens is the requirement of ETH to pay for mining fees on the Ethereum blockchain.
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Valentina
Sat Nov 30 2024
When engaging in swaps that involve ERC-20 coins, users must ensure they have sufficient ETH in their wallets.
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