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Author Topic: How to pay token transaction fee with Token  (Read 339 times)
bartolo
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July 17, 2019, 09:45:37 AM
 #21

Hello There , I found some contract in github that claim its possible to send Tokens without having ETH in your wallet, I want to send my tokens to another account and dont want to use ETH for paying fees, it will reduce the gas fee from the token amount? is there any developer who could help me to do this ?

Thanx


wow, just heard about this from you, if someone can pay a transactions fee with a token not eth
but, in my personal opinion you can't do this mate, you will always need eth in your wallet to pay the fee,,
anyway can you show me the github link, did you mean in your post above ?


https://medium.com/@chiro8x/proof-of-concept-send-erc20-standard-token-without-etherem-8bbacb911dea

In the example posted in that article, you still would be using ETH to pay the gas, the only difference is that the gas would be paid by the receiver instead of the sender. Anyway, I don't see much future in that proposal, it would be a harder, longer and more uncomfortable process that no service provider will be willing to carry out.
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July 17, 2019, 09:47:43 AM
 #22

Hello There , I found some contract in github that claim its possible to send Tokens without having ETH in your wallet, I want to send my tokens to another account and dont want to use ETH for paying fees, it will reduce the gas fee from the token amount? is there any developer who could help me to do this ?

Thanx

It's not possible, remember to use ethereum as the fees is a rule in the ethereum network, i guess some contract that claimed they can do that is fake. I never heard you will able to send any token without needed ethereum amount.
I thought that it's only a buzz word.

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July 17, 2019, 09:51:26 AM
 #23

Hello There , I found some contract in github that claim its possible to send Tokens without having ETH in your wallet, I want to send my tokens to another account and dont want to use ETH for paying fees, it will reduce the gas fee from the token amount? is there any developer who could help me to do this ?

Thanx

It's not possible, remember to use ethereum as the fees is a rule in the ethereum network, i guess some contract that claimed they can do that is fake. I never heard you will able to send any token without needed ethereum amount.
I thought that it's only a buzz word.

alright, I understand now thanx everybody Wink but is this possible to pay other transaction fees with another account in metamask or somehow?
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July 17, 2019, 10:58:39 AM
 #24

in my opinion this is not possible that token can save as a fee on paying the transactions but on CEX they are using but on external wallet not because the ETH serves as a fuel on all the transaction happen that is the basic nature of ethereum blockchain on tokens
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July 17, 2019, 01:01:12 PM
 #25

Hello There , I found some contract in github that claim its possible to send Tokens without having ETH in your wallet, I want to send my tokens to another account and dont want to use ETH for paying fees, it will reduce the gas fee from the token amount? is there any developer who could help me to do this ?

Thanx


When you see informations as that; you need to be very careful
Because etherum blockchain will always and continue to charge you etherum as gas fee for every transaction that takes place on the erc20- blockchain

Avoid giving out your private keys, and don’t look for zero fees on eth blockchain
I have never found one 
Convery
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July 17, 2019, 01:11:01 PM
 #26

You simply can´t pay transaction fees (GAS) with tokens. Ethereum coin was created to power the Ethereum blockchain, nothing else, it is an utility coin and you can use it only for transactions and transaction fees.  Smiley


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Inosend
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July 17, 2019, 01:28:15 PM
 #27

Be careful not to launch such contract,  it can be a way to get your private key or mnemonic words. It is never possible to for transaction with another token than eth so anyone telling you this is deceiving you

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July 17, 2019, 01:38:26 PM
 #28

Hello There , I found some contract in github that claim its possible to send Tokens without having ETH in your wallet, I want to send my tokens to another account and dont want to use ETH for paying fees, it will reduce the gas fee from the token amount? is there any developer who could help me to do this ?

Thanx


You've gotta be kidding me. That is not possible and whenever it does not happen actually ever since.
We all know here that Ethereum s most of the time that are being used for every transaction that We are going to make
here in terms of gas.

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July 17, 2019, 01:52:20 PM
 #29

Hello There , I found some contract in github that claim its possible to send Tokens without having ETH in your wallet, I want to send my tokens to another account and dont want to use ETH for paying fees, it will reduce the gas fee from the token amount? is there any developer who could help me to do this ?

Thanx


It's a good thought, but I don't think it's possible. If this were possible, why would project developers produce tokens exclusively for this process? Especially if I have to comment on the titles I have seen recently, I would like to say that many people have reached the peak of miserability. I don't understand why you don't want to pay the low miner fees and are looking for answers to such options. If a commission fee is to be paid, it will already be the same amount in USD regardless of the type of payment. That's why we don't need to think that much, to be so stingy.
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July 17, 2019, 02:52:59 PM
 #30

It is very much possible!
Just not on a protocol level of course.
But thats why we have smart contracts!
Wallet Contracts such as Gnosis https://safe.gnosis.io will allow you to safely sign a transaction,
send it to a relay contract and pay with a supported ERC20 token for the relay to pay your ETH Tx fees.

Stable coin ERC20 are particularly common for this, to prevent loss of value due to price fluctuation.
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July 17, 2019, 02:55:49 PM
 #31

Hello There , I found some contract in github that claim its possible to send Tokens without having ETH in your wallet, I want to send my tokens to another account and dont want to use ETH for paying fees, it will reduce the gas fee from the token amount? is there any developer who could help me to do this ?

Thanx

The fact is that with tokens on the Ethereum network, you cannot do this. Some websites or wallets allow you to withdraw the token without ETH in the balance, essentially they use the ETH to pay your transaction, and charge you with that token.
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July 17, 2019, 03:07:54 PM
 #32

The price for a transaction on the ETH network is very small, I do not think in the end your option will be cheaper, it's easier for me to have a little ether on my wallet.

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July 17, 2019, 03:12:01 PM
 #33

I think this is only possible in exchanges where withdrawal fees are charged from the token itself, It is only a project that have tokens in its Mainnet that can be used for gas fee just like Binance. This is not just possible

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July 17, 2019, 03:42:26 PM
 #34

You can send token from your ethereum wallet without having some ethereum in four wallet which will serve as gas fee, the person who told you you can do that is a joker.
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July 17, 2019, 03:48:01 PM
 #35

It is possible that you can use tokens for sending same token on other address.
HOW? well if the token is in exchange account and you will withdraw it on a certain address then you will have your token payment.
If you are reffering only to MEW (ERC-20) wallet then it is not possible!
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July 17, 2019, 04:20:52 PM
 #36

I think this is not possible, the fee used to pay miners confirms your transaction. I think they will want to receive ETH and not some token
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