How to pay token transaction fee with Token - page 2.

cryptojonathan

newbie

Activity: 28

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Quote from: DarkDays on July 17, 2019, 03:39:59 AM

You simply can't.

Not unless the token has its own blockchain and acts as its own gas, e.g. EOS, TRX etc.

The only way to move your tokens around for free is by handing out the private key to the wallet, and importing it that way.

How do you mean to import my private key which wallet or where?

Quote from: taratorly on July 17, 2019, 03:41:51 AM

Quote from: cryptojonathan on July 16, 2019, 07:34:43 PM

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

Some friends has already answered. There is no way for that simply. It may possible with only exchanges (not all of them).

Tokens are using ETH mainnet (or which network they connected. EOS, TRX, NEO...) So this networks needs fee for transaction. Miners process this transaction with fee. And if it possible then miners should have get that tokens. So ETH miners, can earn ETH from their mining activities.

So its not possible even to pay another account transaction fees with a account that Holding ETH ?

baigreen

full member

Activity: 625

Merit: 100

Some wallets allow transactions to pay for tokens. But there are few of them. And for the hunter, they will not fit. Because we get exclusive coins. There is no way around this. So you have to pay for transactions. Do not waste time.

taratorly

member

Activity: 258

Merit: 10

Quote from: cryptojonathan on July 16, 2019, 07:34:43 PM

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

Some friends has already answered. There is no way for that simply. It may possible with only exchanges (not all of them).

Tokens are using ETH mainnet (or which network they connected. EOS, TRX, NEO...) So this networks needs fee for transaction. Miners process this transaction with fee. And if it possible then miners should have get that tokens. So ETH miners, can earn ETH from their mining activities.

DarkDays

legendary

Activity: 2030

Merit: 1189

You simply can't.

Not unless the token has its own blockchain and acts as its own gas, e.g. EOS, TRX etc.

The only way to move your tokens around for free is by handing out the private key to the wallet, and importing it that way.

cryptojonathan

newbie

Activity: 28

Merit: 0

Quote from: ?? on ??

Quote from: cryptojonathan on July 16, 2019, 07:34:43 PM

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

Check it So

Quote from: LbtalkL on July 17, 2019, 02:58:28 AM

Quote from: cryptojonathan on July 16, 2019, 07:34:43 PM

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

Great idea buddy but this one like everybody says is not possible. But if Vitalik add that feature maybe it is but there is 99.9% that vitalik will add that Cheesy

. If you are on Ethereum network you need to pay some Gas that's how it works.

i Tought vitalik is no longer with ETH ...

So is there anyway to pay fees with a contract from another account and send tokens ?

yazher

hero member

Activity: 2268

Merit: 588

You own the pen

I don't think it'll work. but regarding your statement, we can use your discovery to reduce the payment of the transactions but we need some real ERC-20 expert to make that happen paying it with tokens will help us a lot, especially the tokens you receive from the bounty.

But we really need to understand without needing of ETH we are no longer supporting their project and it will make the price of ETH crashed.
So we need to think if it really helps or not.

LbtalkL

full member

Activity: 1176

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Quote from: cryptojonathan on July 16, 2019, 07:34:43 PM

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

Great idea buddy but this one like everybody says is not possible. But if Vitalik add that feature maybe it is but there is 99.9% that vitalik will add that Cheesy

. If you are on Ethereum network you need to pay some Gas that's how it works.

tsaroz

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Quote from: cryptojonathan on July 16, 2019, 07:34:43 PM

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

This is not even possible. Even if you have some ETH in your wallet, converting the token into ETH and using that as fees will increase the total transaction fees. If something like that is in github, it's probably a scam to steal any coins you have in your wallet.

NewRanger

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Quote from: Lantind on July 17, 2019, 01:28:18 AM

What I often experience when sending coins from my wallet to the exchange is that my ethics fee is deducted, and until now I have not found a way how to cut the gas fee from the coins that we send, something like this is common, if indeed there is a way that the gas fee when making a transaction is taken from the number of coins then I will also try it because it's something very cool.

its only can be done by coins that have its own blockchain.for example if we sending bitcoin it will reduce our bitcoin amount.another example ethereum , if we sent eth it will take our eth as transaction fee.but for derivative token its impossible to.they only could used as utility token in their ecosystem.not as gas for each transcation.

Lantind

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What I often experience when sending coins from my wallet to the exchange is that my ethics fee is deducted, and until now I have not found a way how to cut the gas fee from the coins that we send, something like this is common, if indeed there is a way that the gas fee when making a transaction is taken from the number of coins then I will also try it because it's something very cool.

Doranile432

member

Activity: 476

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I haven't seen or heard of any token capable of paying transaction fees for its own, you have to use ETH as gas fee this is how erc20 tokens works out of the box

peterlustig

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Hey, sorry to say buddy but as far as I know it's not possible to use a token for paying the transfer fees in the Ethereum chain. I could be wrong here but I think paying a transfer fee using tokens is currently only possible in WAVES platform.

Samayuki

member

Activity: 574

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You can't send tokens from ETH wallet without using ETH as gas fee,this is not possible at the moment but may be possible in the future yet I doubt it because this is how erc20 smart contract was build

TopT3ns

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Maybe a lot of people will have same answer. Because we not see yet that can send token without ETH as fee. Even developer use fee to pay bounty hunter. Because if can pay with token, they wouldn't need ETH to do it and will just use their tokens.

pishite

full member

Activity: 980

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This is not possible, even if you send tokens to the address of the smart contract, you still pay a commission for gas. And if you connect a smart contract to your account, then there is a chance to lose money forever. I do not recommend it.

swiftbits

sr. member

Activity: 938

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That would be a great and beneficial development but I don't think it's possible for an ERC20 token since it's using an Ethereum Blockchain
The gas fee for sending eth and token is the same since they both run in the same system.

cryptojonathan

newbie

Activity: 28

Merit: 0

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

Topic: How to pay token transaction fee with Token - page 2. (Read 364 times)