Bitcoin Forum

Alternate cryptocurrencies => Service Discussion (Altcoins) => Topic started by: seandiumx20 on October 17, 2017, 01:06:33 AM



Title: myetherwallet
Post by: seandiumx20 on October 17, 2017, 01:06:33 AM
how to have gas in myetherwallet, how does transaction works? please tell me.


Title: Re: myetherwallet
Post by: on October 17, 2017, 01:33:52 AM
Every transaction needs gas, in order to make a transaction you will need to load up your wallet with ether.


Title: Re: myetherwallet
Post by: simrac on October 17, 2017, 01:40:26 AM
how to have gas in myetherwallet, how does transaction works? please tell me.
Myetherwallet need gas to transaction,  you must deposit least 0.01 eth to convert  gas .

You can buy eth on any exchange then  you can use  ethereum on myetherwallet .

Every transaction work fast or slow  need increase gas  .


Title: Re: myetherwallet
Post by: sylance on October 17, 2017, 01:43:56 AM
Here is a good article on the relationship between Ether and Gas in MyEhterWallet.  A 10-second Google search found it: https://steemit.com/ethereum/@tomshwom/ethereum-gas-how-it-works




Title: Re: myetherwallet
Post by: vit05 on October 17, 2017, 02:06:14 AM
If you do not know how gas works in ethereum network, you probably aren't prepared to invest in cryptocurrency and blockchain technology. You should read more about.


Title: Re: myetherwallet
Post by: Lm2e4 on October 17, 2017, 02:18:48 AM
Actually I think there is an instruction on myetherwallet, you will also find it helpful and will learn more about what is gas. If you do not want to go further just doing research on it.


Title: Re: myetherwallet
Post by: zarados on October 17, 2017, 02:19:29 AM
let's just say, gas as the cost of shipping ethereum you got to another ethereum address. the more gas you give, the faster your coin will sent.
myetherwallet is often used to buy ICOs, because in it you can add new custom tokens that support ERC20 as well as ethereum.
You can also access your wallet by saving the private key or UTC file provided when you first create a new wallet. hope this helps.


Title: Re: myetherwallet
Post by: Pasutinmeur on October 17, 2017, 02:55:26 AM
how to have gas in myetherwallet, how does transaction works? please tell me.
Send or buy ethereum from the exchange sites or anywhere and then try to move all of your ethereum into your myetherwallet account and that was so easy. The transaction works if you are putting ethereum as the gas to pay the network fees.


Title: Re: myetherwallet
Post by: mmmmyah on October 17, 2017, 04:04:20 AM
It's like a transaction fee. Some transactions need more gas (to send it faster like ICOs).

https://ethereum.stackexchange.com/questions/3/what-is-meant-by-the-term-gas



Title: Re: myetherwallet
Post by: subG on October 17, 2017, 04:08:44 AM
Regardless of what tokens you may have in your myetherwallet, you will need Ethereums to pay for the transaction fees (gas).  You can not pay for the transactions fees with the erc20 tokens you have in there.  If you plan on using your myetherwallet on a regular basis, it is best to fund it with a decent amount like around 0.25 to 0.5 ETH otherwise you'll have to keep funding your it and wasting gas each time.


Title: Re: myetherwallet
Post by: Al Amin on October 17, 2017, 04:14:49 AM
how to have gas in myetherwallet, how does transaction works? please tell me.
buy at least 0.02 ETH from exchange and deposit to your MyEtherWallet address. After that you can transaction. So the point is that token in ethereum address you can send it in need gas and gas it is fee like for bitcoin.


Title: Re: myetherwallet
Post by: Tipstar on October 17, 2017, 04:30:05 AM
There needs to be a fees for rewarding miners and keeping the transactions flowing. As, the ethereum network is shared by huge number of unregulated tokens, the network takes the fees in ethereum.


Title: Re: myetherwallet
Post by: alfstep on October 17, 2017, 04:46:09 AM
For 1 transaction you will need atleast 0.001 eth which will be deducted from your eth balance in your wallet
Even if you hve token from airdrop and you want to sell it at Etherdelta you also need eth balance to pay for the deposit fee and withdrawal fee


Title: Re: myetherwallet
Post by: h0lybyte on October 17, 2017, 04:50:16 AM
Every transaction requires to set a gas limit and minimum requirement is 21000+. Gas is an internal price asset of ethereum network which internally gets converted into fee.
Like in bitcoin, we pay fee to network on every transaction, same as this gas has its own price.
In other words, gas on ethereum network works like transaction fee.


Title: Re: myetherwallet
Post by: vlast01 on October 17, 2017, 02:06:33 PM
how to have gas in myetherwallet, how does transaction works? please tell me.
You can get has by buying ETH, gas is as payment for the transaction and the transaction you can make are depends on the gas fees you will use.


Title: Re: myetherwallet
Post by: czhen on January 02, 2018, 10:30:40 AM
thanks infonya
I also have never had transactions in myetherwallet.
one GAS is enough for how many times the transaction?