Cryptocurrency Q&A
How do I pay with ERC-20?
How do I pay with ERC-20?
CryptoBaron
Mon May 13 2024
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6 answers
1374
Excuse me, could you please explain to me how I can make payments using ERC-20 tokens? I've heard a lot about them but I'm still a bit confused about the process. Is it similar to paying with traditional currencies, or does it involve a more complex set of steps? Also, are there any specific wallets or platforms that I should use for ERC-20 payments? I'd really appreciate it if you could break it down for me in simple terms.
6 answers
BitcoinBaroness
Tue May 14 2024
This streamlined process ensures efficiency and convenience for users.
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GeishaMelodious
Tue May 14 2024
To cover gas fees, it suffices to incorporate a specific component into the callData of your user's transaction.
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LightWaveMystic
Tue May 14 2024
This component authorizes the paymaster to withdraw the necessary tokens at the conclusion of the user's operation.
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HallyuHeroLegendaryStarShine
Tue May 14 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services.
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SolitudeNebula
Tue May 14 2024
Consequently, there's no need for a separate transaction to grant approval for the token withdrawal.
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