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To: FLT-bird

Is there a cost involved in cold storage?. (Cheapskate in me.)


36 posted on 05/12/2022 7:41:20 PM PDT by fwdude (Every time I see someone voluntarily masked in public, I know I'm looking at a vaccinated person.)
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To: fwdude

If your token is an “ERC20” token....ie if it is stored on the ethereum blockchain, you have to pay what is called “gas” or “gas fees” in the form of a little bit of Ethereum to move the tokens. Its a bit....I believe I paid the equivalent of $20 to move some of mine but that was a worthwhile price to pay since I was moving an asset worth about $40k to where it was completely secure.


38 posted on 05/13/2022 2:59:06 AM PDT by FLT-bird
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