Mmastodon BusinessCrypto first seen 1 d ago, last 1 d ago, peak #9

New guide explains why sending USDT requires ETH

Original: New guide: Why do I need ETH to send USDT? USDT on Ethereum is a balance kept by a contract, and every move is an Ethere

A new guide explains why users need ETH to send USDT on Ethereum: USDT is a balance recorded by a smart contract, and every transfer is an Ethereum transaction whose fee must be paid in ETH. The guide covers what gas is, what a transfer actually costs, and the common trap of holding USDT without any ETH to pay the fee.

Why now: New and returning crypto users are often surprised by gas fees, so an explainer on the ETH requirement for USDT transfers is timely

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Evidence

• New guide: Why do I need ETH to send USDT? USDT on Ethereum is a balance kept by a contract, and every move is an Ethereum transaction paid in ETH. What gas is, what a send really costs, and the trap that leaves people stuck with USDT and no ETH. https://… · Biscuitwallet

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