Can I pay in myetherwallet with other coin for the transaction fees

Bitcoin Questions and AnswersCan I pay in myetherwallet with other coin for the transaction fees

Kai asked 10 months ago

Hello,

Can I pay in myetherwallet with other coin for the transaction fees, I mean if I dont have any ETH on my myetherwallet but I have other coins, and I wish to send those coins, must I have som ETH to pay the transaction fees, or myetherwallet accept other coins to pay the fees.

Thanks

1 Answers
Steven Hay answered 10 months ago

Hi Kai,
 
I’m almost certainly that only ETH will be accepted in order to send ERC-20 tokens over the Ethereum blockchain. You could try selling enough of those tokens to afford the fees?
 
There is some discussion about altering this so that fees could be paid in tokens which have an established value – presumably ones trading on exchanges. There’s also a project aimed at doing this, called 0x protocol.
 
But yeah, for now you’ll need a little ETH.

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