Ether is NEEDED to send ERC-20 tokens via MyEtherWallet!

In Cryptocurrency/Ethereum/Video/Wallets/Web Interfaces

In this video we go over some of the most commonly asked questions about one of our favorite cryptocurrency wallets, MyEtherWallet, or MEW. Ether is a separate unit from gas, which is used to power the Ethereum Virtual Machine. It is basically the unit that powers Ethereum’s engine. One of the most common mistakes when using MEW is that people forget that a small amount of Ether is required in order to pay for the gas needed to complete the transaction.

Ether is NEEDED to send ERC 20 tokens via MyEtherWallet!

Don’t forget to check out our demo and review of MEW here!

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