Cryptocurrency Q&A
Why do I need ETH to withdraw USDT ERC-20?
Why do I need ETH to withdraw USDT ERC-20?
CryptoPioneer
Thu Dec 26 2024
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7 answers
1235
I'm trying to withdraw my USDT ERC-20 tokens, but the platform requires me to have ETH in my account. I don't understand why I need ETH just to withdraw my USDT. Can someone explain this to me?
7 answers
ethan_harrison_chef
Sat Dec 28 2024
ERC-20 tokens operate within the Ethereum ecosystem.
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Martina
Sat Dec 28 2024
These tokens necessitate the use of Ethereum (ETH) for mining fees.
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Margherita
Sat Dec 28 2024
The Ethereum blockchain leverages ETH to process transactions.
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Luca
Sat Dec 28 2024
Any swap involving ERC-20 coins will require ETH in your wallet.
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CryptoTamer
Fri Dec 27 2024
The network fees for such swaps are paid in ETH.
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