Cryptocurrency Q&A Can I send ETH on ERC-20?

Can I send ETH on ERC-20?

BlockchainBaronGuard BlockchainBaronGuard Fri Jan 03 2025 | 5 answers 1392
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. Can I send ETH on ERC-20?

5 answers

KatanaSharpness KatanaSharpness Sun Jan 05 2025
It is important to note that your parent Ethereum account must possess sufficient ETH.

Was this helpful?

348
99
Caterina Caterina Sun Jan 05 2025
Sending ERC20 Tokens requires a specific process when using Ledger Live.

Was this helpful?

276
20
KDramaLegendaryStar 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.

Was this helpful?

205
92
Riccardo 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.

Was this helpful?

196
84
JejuJoyful 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.

Was this helpful?

367
43

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts