All ERC20 transactions require Ethereum (ETH) to power transactions on the Ethereum network. To send or exchange an Ethereum token or use an Ethereum token such as DAI in Compound Finance, you need a minimum amount of ETH in your Qadirah wallet. This is to cover Ethereum network transaction fees. For example, instead of paying Bitcoin (BTC) for transaction fees in BTC transactions, you pay small amounts of Ethereum for transaction fees in Ethereum transactions. 

How does this qadirah cryptocurrency work behind-the-scenes?

If you only read one sentence, make it this one: A hardware wallet is the biggest step you can take to secure your funds. If you were to go all the way to Tier 4: “The Fort Knox”, devoting an entire computer only to running FEX Wallet in a secure environment, it would be about as effective as a hardware wallet.

The Trezor One and Trezor Model T hardware wallets are both supported within FEX. Before you buy, please take a look at the list of Trezor-supported assets to make sure that your portfolio is covered.

If you don’t have the minimum amount of ETH for Ethereum-based transactions, you will encounter these messages: