Hi, I'm totally new in crypto. I just purchased $60 USDT (Erc-20) in my Coinbase wallet. I wish to trade or swap it. But, when I am trying to do it that's the time it shows that "I don't have enough Ethereum for Gas fee". Please help me and let me know is there any option to do it without Gas fee?
USDT is an ERC-20 token which means you need to have Ethereum and your wallet too to be able to transfer it. For every transaction you are sending on the Ethereum Network you need to pay some Ethereum as payment for the transaction fee. At the moment the ethereum network is under very high traffic which means you have to pay ETH worth 30$ or more for a ERC-20 transaction and even 100$ or more for a swap on uniswap. So you should wait for the gas price to go down again before you are sending or swapping your 60 USDT because the fee costs would be higher than the actual transaction.