Bitcoin Forum

i am trying to send my ethreum tokens from myetherwallet to other adderss but it is showing transaction error .
error is "out of gas"
i dont hav ethereum in my ethreum wallet . i just hav ethreum tokens such as "mcaps" and "eos" in my wallet.
is it mendatory to hav ethreum ??
without ethreum cant i proceed any tansaction? if no , then how can i sell my ethereum tokens to get ethereum so that i can process transaction

hi，man，You need a certain amount of Ethereum as a fee to transfer, so if you don't have Ethereum in your wallet, you will not be able to complete the transaction :) :)

Yes, you are required to have small amount of ethereum in order to transfer token as gas payment.

ETH is not only ETH own transfer fee, but also all ERC20 standard TOKEN transfer fee, please keep in the usual wallet about 0.05 ETH transfer ERC20 TOKEN various fees, personal advice.
At the moment, myetherwallet transfer fee almost doubled.

To transfer tokens, you will need higher gas than the usual sending ETH. Need fee to send any either ETH or tokens, you understand this, right?

You need some ETH as a fee  to send your tokens, you can easily and quickly buy ETH for fiat on https://localethereum.com Fee amount for every transaction you can set by changing gas price. Currently transactions with even 0.1 Gwei gas price pass in few minutes.

You need to have eth in your myetherwallet to cover fee,last time i ve been paying about 0.01 eth for transaction not much expensive

This is the reason people need ETH ? to invest ICOs in Ethereum platform?

Not only to invest in ICO, ETH (very small quantity) is needed to be included in fees when you want to transfer coins you have received after investing in those ETH based tokens.

No you can't so even if you have received those tokens for free you will still need to spend some ETH in fees to be able to sell them or move them.

You need Ethereum or Eth with a minimum of Eth 0.0002 otherwise you can't make any transactions. Earn Ethereum using faucets or ask or borrow from a friend, you'll be able to find ways to get Ethereum if you want or someone from this forum will give you to gas up you transaction.

Indeed, Etherdelta and all other Crypto-Currency exchange will do require as they call it gas and it means that they will require transaction fee in every transaction because that's what they earn from their customers and to.l serve as salary to the management and staff. Although Etherdelta is a centralized Cryptocurrency exchange, it will require gas fee for the developer's salary also.