Ethereum Gas fee issue

[jasper.ethan77]

Hi, I'm totally new in crypto. I just purchased $60 USDT (Erc-20) in my Coinbase wallet. I wish to trade or swap it. But, when I am trying to do it that's the time it shows that "I don't have enough Ethereum for Gas fee". Please help me and let me know is there any option to do it without Gas fee?

[Muslimin mj]

Hi, I'm totally new in crypto. I just purchased $60 USDT (Erc-20) in my Coinbase wallet. I wish to trade or swap it. But, when I am trying to do it that's the time it shows that "I don't have enough Ethereum for Gas fee". Please help me and let me know is there any option to do it without Gas fee?

The mistake that newbies often make is lazy to read, and at worst they have done it before they know what they have done. they should have asked earlier before they took an action or decision to do something. so that in the end they suffer a loss. so my advice before doing anything is better to ask first. because ETH (ErC-20) transaction fees are currently very high it will make it difficult for other people to provide solutions to you. because you did. make this an important lesson for you in the future.

[strunberg]

Hi, I'm totally new in crypto. I just purchased $60 USDT (Erc-20) in my Coinbase wallet. I wish to trade or swap it. But, when I am trying to do it that's the time it shows that "I don't have enough Ethereum for Gas fee". Please help me and let me know is there any option to do it without Gas fee?

convert it to binance or keep in usdt and trade in bsc dex such as cake and you will not get message "you dont have enough gas fee". use binance smart chain if you use small balance to trade, its require very tiny gas fee. alot of project now migrate to binance smart chain and it will beginer trader with small balance.

[shinratensei_]

You must be funding your coinbase wallet with some ethereum to be able to swap or trade your USDT. There's no option to trade without any gas fees because this is the main requirement to did the transaction or trade.
You will never able to create any transaction if you are not funding your wallet with small amounts of ethereum to pay the gas fees.

You must never try to use uniswap to trade or swap small amount of money.

[tabas]

convert it to binance or keep in usdt and trade in bsc dex such as cake and you will not get message "you dont have enough gas fee".

It's on his Coinbase wallet, he has no Ethereum for the gas fee. Coinbase doesn't support BNB as it's their competitor. So telling it to convert to BNB isn't appropriate on his situation because he can't do that in Coinbase.

[wack slacker]

Need to give some ETH to your coinbase wallet then send your USDT. The amount of ETH needed to provide the wallet is also the amount of ETH to make GAS for the transfer of USDT from your wallet to another address.
If you want to buy USDT next time use Binance P2P transactions to save costs.

[Reid]

The problem was already said in the notification.
You don't have enough Ethereum.
Now you need to purchase that coin if you want to continue sending your ERC-20 token to another address.
Don't worry it won't be lost there. All you have to do now is save money and buy the expensive Ethereum then try sending it again or you could wait for their update.
But in your case, I think you'll just let it go and pick a new exchange where you could save more money with transaction fees.
Gas fees are soaring in the Ethereum network and I won't recommend that.

[riiiiising]

Hi, I'm totally new in crypto. I just purchased $60 USDT (Erc-20) in my Coinbase wallet. I wish to trade or swap it. But, when I am trying to do it that's the time it shows that "I don't have enough Ethereum for Gas fee". Please help me and let me know is there any option to do it without Gas fee?

The mistake that newbies often make is lazy to read, and at worst they have done it before they know what they have done. they should have asked earlier before they took an action or decision to do something. so that in the end they suffer a loss. so my advice before doing anything is better to ask first. because ETH (ErC-20) transaction fees are currently very high it will make it difficult for other people to provide solutions to you. because you did. make this an important lesson for you in the future.

Come on man, have you ever been a newbie to anything and were angry about yourself because you acted before reading? I have been a newbie often times. What's the point of bashing this guy who comes out honestly and asks for advice? Give him the advice plus the advice where he can read stuff up.

Sad to see how you respond to someone who searches for help on this forum.

[andthereyou]

Hi, I'm totally new in crypto. I just purchased $60 USDT (Erc-20) in my Coinbase wallet. I wish to trade or swap it. But, when I am trying to do it that's the time it shows that "I don't have enough Ethereum for Gas fee". Please help me and let me know is there any option to do it without Gas fee?

I think you should buy eth, enough for you to send your tokens. Don't try to buy too little eth but just enough eth, like the recommend gas fee by your wallet. Else you will experience what I have experience yesterday. I tried to send my tokens to Kucoin exchange. The recommended fee was 6$ in eth but I set it to 3.5$ in eth, the transaction failed and I lost 3.5$ in eth. Few years ago it's not like this.

[bison]

this requires some ETH which you must send to your address before making the next transaction. almost all wallets also require transaction fees.
looks like you should seek recommendations from other people first before you start investing. I'm afraid you made the wrong choice. ask not to get lost.

[crwth]

You cannot transact anything on the ETH network without having a balance on your ETH Wallet. It's best to convert some of that USDT to ETH and then convert and swap. I think the fees with that are quite enormous the last time I transacted in the network. It's best to just swap another currency or find out what other coin you can purchase in Coinbase.

[oioi]

The lack of knowledge for beginners is the lack of research and reading flow in all crypto even though they have gas for trading fees or to send funds to anyone, so the first for beginners to prepare gas costs before owning other altcoins.

[Cornia]

Don't worry mate. You have a little  problem, the solution is very simple.  A fee is required for each transaction on the Ethereum network. You just buy some amount of ETH which meet up transaction fee and deposit it in your coinbase ETH wallet. Then you can move your ERC20 USDT.  However, if you buy TRC20 USDT instead of ERC20 USDT later, your transaction cost will be much lower.  But in that case you have to keep TRX in your wallet as transaction fee.

[jasper.ethan77]

If you want to buy USDT next time use Binance P2P transactions to save costs.

Thank you for your suggestion.

[cryptoknightt]

There is no other way but to pay for the gas. if indeed your assets are still in exchange, maybe you exchange them for other coins that have cheap shipping fees, such as XLM, Doge, TRX, you can see them in the FAQ section of the exchange, check before buying friends.

[go4crypto]

Trading on ETH network is  not worthwhile for small trades due to high gas fees. Gas prices are lower in the evening and on weekends. Watch coinmarketcap.com topmost line  for low gas price before trading your USDT.

[agustina2]

Hi, I'm totally new in crypto. I just purchased $60 USDT (Erc-20) in my Coinbase wallet. I wish to trade or swap it. But, when I am trying to do it that's the time it shows that "I don't have enough Ethereum for Gas fee". Please help me and let me know is there any option to do it without Gas fee?

Didn't tried yet sending an ETH from Coinbase but there should be a preview of the gas estimates you will be used on the transaction. I say that because when sending BTC from Coinbase, there's a preview of the fee on the transaction before sending it. The same case might be on sending ETH.

No choice but you need to add ETH to your Coinbase wallet. Make it around $50-$100 to cover the fees. With the Berlin upgrade, I saw at least a low gas fees now compare before. Or you can trade it to their own trading platform, Coinbase Pro so you don't need to send it to other trading exchange.

Next time, buy ETH on the platform where you will trade it if possible to avoid any further transfers.

[aemma]

Every transaction taking place in the crypto space goes with or takes a fee or gas fee to work, without which the transaction won't work, hence the reason why you are facing that issue. One of the ways out of this issue is to buy more Ethereum which will cover for gas fees or reduce what you are trading, so that part of it can cover for gas fees if possible.
Another way is to trade it to another coin probably a coin with lesser withdrawal fee like XLM, i do not use Coinbase so I don't know much about their trading coins or withdrawal charges.
Also, if there is USDT withdrawal through Tron that is (USDT TRC-20), then try withdrawing through that way, it comes with lesser fee. Try knowing more about the coins you wish to buy before doing so, it helps a lot most especially now you that are new.

[oscarftw]

Hi, I'm totally new in crypto. I just purchased $60 USDT (Erc-20) in my Coinbase wallet. I wish to trade or swap it. But, when I am trying to do it that's the time it shows that "I don't have enough Ethereum for Gas fee". Please help me and let me know is there any option to do it without Gas fee?

This problem isn't a new problem, but you are new to cryptocurrency. https://etherscan.io/gastracker visited this address to check the current gas prices of Ethereum. 5 days ago ETH gas prices were below 27 GWEI. Coinbase is a centralized wallet and doesn't support swap features.

[Lizzylove1]

You should have asked your mentor or just watch some video before attempting to trade on ERC20 with such low amount. I just claimed an airdrop worth $45 using $21 in gas fee. Eth network is currently useless and a killer. ETH network has a problem with handling huge transactions than it was originally designed for hence the surge in gas fee.