Why do I need ETH to send USDT?

USDT is either ERC 20 (ethereum) based or TRC 20 (Tron) based token for its practical implementation. When USDT is ERC 20 token, it means such USDT is running on ethereum blockchain and it needs gas fees in eth (ethers) to some extent to transfer from one ERC wallet to another ERC wallet.

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What is USDT and ETH?

Tether (USDT) is an Ethereum token that is pegged to the value of a U.S. dollar (also known as a stablecoin). Tether’s issuer claims that USDT is backed by bank reserves and loans which match or exceed the value of USDT in circulation.

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FLM Coin kime ait?

Flamingo’nun kurucusu, ağın temelini oluşturan, Ethereum’un ana rakiplerinden biri olan Neo blockchain ağının kurucu ortağı Çinli girişimci Da Hongfei. Hongfei, ayrıca özel bir blockchain servis şirketi olan OnChain’in de kurucu ortağı.

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