Cryptocurrency Q&A Why do you need ETH to withdraw USDT-ERC20?

Why do you need ETH to withdraw USDT-ERC20?

Isabella Isabella Thu Mar 27 2025 | 6 answers 1310
I'm trying to understand why I need ETH for withdrawing USDT-ERC20. Is it because ETH is used as gas for the ERC20 network, or is there another reason? I'd like to know the specifics behind this requirement. Why do you need ETH to withdraw USDT-ERC20?

6 answers

Riccardo Riccardo Sat Mar 29 2025
To send these tokens, a miner's fee must be paid.

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Federica Federica Sat Mar 29 2025
When sending an ERC-20 token, it is crucial to have ETH in your wallet.

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BitcoinBaroness BitcoinBaroness Sat Mar 29 2025
This fee is paid in Ether, the native currency of the Ethereum network.

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QuasarStorm QuasarStorm Sat Mar 29 2025
BTCC is a leading cryptocurrency exchange that offers a range of services.

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SeoulSoul SeoulSoul Sat Mar 29 2025
ERC-20 tokens are a type of cryptocurrency built on the Ethereum blockchain.

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