Pay miner fee with tokens

Complete trades without ETH required

When conducting any transaction on Ethereum, a certain amount of ETH is required as gas fees. This means when a wallet runs out of ETH, it becomes troublesome to proceed as you have to top up the wallet with more ETH from outside sources. This problem has been considered in our protocol design.

Our trade matching relayers are able to pay the ETH gas fees in advance on behalf of users, allowing them to complete their transaction even when they have no ETH in their wallets. If you need to make an ETH-less transaction, simply toggle the ‘Pay miner fee with tokens’ button in Tokenlon!

How to turn on the【Pay miner fee with tokens】mode

If you do not have ETH or enough ETH to pay the miner fee, we suggest you turn on the【Pay miner fee with tokens】mode. Please update your imToken App to v2.10.0 or above.

After finishing the update, please visit the【Market】page and click the gear button to enter the【Setting】page.

In the【Setting】page, click the button on the right to turn on the【Pay miner fee with tokens】mode.

As long as you turn on the【Pay miner fee with tokens】mode, you can make trades on Tokenlon even if you don’t have ETH to pay miner fees. The miner fee will be deducted from the tokens you receive.

Please note that

  • If you turn on the【Pay miner fee with tokens】mode, the minimum trade amount will still be in effect.

Tips

  • When the【Pay miner fee with tokens】mode is on, the transaction success rate on Tokenlon is over 99%. To prevent users from losing miner fees due to failed trades, we suggest you turn it on when the miner fee on the Ethereum network is relatively low and stable.

  • When the【Pay miner fee with tokens】mode is on, the miner fee will no longer be displayed on the【Preview】page.

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