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  • Paying for ERC20 token transactions with Ethereum

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. 

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

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Qadirah is a software platform ONLY and does not conduct any independent diligence on or substantive review of any blockchain asset, digital currency, cryptocurrency or associated funds. You are fully and solely responsible for evaluating your investments, for determining whether you will exchange blockchain assets based on your own, and for all your decisions as to whether to exchange blockchain assets with Qadirah In many cases, blockchain assets you exchange on the basis of your research may not increase in value, and may decrease in value. Similarly, blockchain assets you exchange on the basis of your research may increase in value after your exchange.

Past performance is not indicative of future results. Any investment in blockchain assets involves the risk of loss of part or all of your investment. The value of the blockchain assets you exchange is subject to market and other investment risks. 

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