I'm trying to understand if it's possible to send
ETH using the ERC-20 network. I've heard of ERC-20 tokens but I'm not sure if ETH can be transferred through this network as well.
5 answers
KatanaSharpness
Sun Jan 05 2025
It is important to note that your parent Ethereum account must possess sufficient ETH.
Caterina
Sun Jan 05 2025
Sending ERC20 Tokens requires a specific process when using Ledger Live.
KDramaLegendaryStar
Sun Jan 05 2025
This is to ensure that the network fees associated with token transactions can be paid. Without adequate ETH, the transaction may fail or be delayed.
Riccardo
Sun Jan 05 2025
To initiate the transfer of ERC20 tokens from your Ethereum (ETH) account, it is crucial to ensure that the same account holds ETH coins.
JejuJoyful
Sun Jan 05 2025
These ETH coins are necessary to cover the gas fees, which are essential for the transaction to be processed on the
Ethereum network.