I am trying to transfer .001 ETH from MyEtherWallet.com to an exchange, and while I realize I may not have enough to transfer, it mentions I need "GAS".
I tried reading and understanding the process, but it is still confusing.
I get the Error Message: Transaction gas is too low. There is not enough gas to cover minimal cost of the transaction (minimal: 21000, got:1). Try increasing supplied gas.
I type 21000, but I still get an error message.
How do I get to understanding GAS
Do cold wallets have to use GAS? ie) Trezor/Nano?
every transaction on ethereum uses gas like fee on another transaction. if you get a message like that means you have to have more balance left to pay for gas costs. and if you do not have balance anymore then you have to minimize the eth number you want send the rest of the eth can be the cost of gas