Cryptocurrency Q&A
Can you send ERC20 without ETH?
Can you send ERC20 without ETH?
GwanghwamunPride
Mon May 13 2024
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7
answers
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I've been dabbling in the cryptocurrency world and ERC20 tokens particularly intrigue me. However, I've encountered a bit of a confusion. Can I transfer ERC20 tokens without using ETH? I've heard that ETH is often involved in transactions related to ERC20 tokens, but I'm not entirely sure if it's an absolute necessity. Could you clarify this for me? I'm trying to understand the mechanics behind these transactions and whether there's a way to send ERC20 tokens without necessarily involving ETH. Your insights would be greatly appreciated.
7 answers
CryptoElite
Wed May 15 2024
When sending ERC20 tokens,
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DavidLee
Tue May 14 2024
Additionally,
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Giovanni
Tue May 14 2024
you need to have ETH in the parent account of the tokens you're sending.
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CryptoMagician
Tue May 14 2024
it's crucial to note that
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AltcoinAdventurer
Tue May 14 2024
ETH is required as gas (network fees).
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