Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Basics => Topic started by: bambam on July 12, 2018, 06:43:32 PM
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Whenever there is an ERC20 token transfer fail error.
The main reason are on the contract & token failure nature.
Below are the most common reasons an ERC-20 token transfer might have failed are:
The Token contract is locked or paused (tokens are not transferable yet)
The variables include: minting, mintingFinished, paused, transferable, transferableStartTime, paused, locked
The sending From address has an insufficient token balance
Please ensure that the sending address has enough balance of the transfering token before sending token to another address
Token contract does not emit a Transfer event even though the balance is actually deducted (Not compatible fully ERC-20 Compliant)
The token contract of a specific token does not provide a valid transfer events log thus causing the transaction to fail.
This issue is due to the compliance policy toward ERC20 tokens.
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If the erc20 token transfer faild, of course there is no adequate gas fee in your wallet. Even if you have a different problem, the transaction field will appear.
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The reason for showing token transaction failure is that if you are locked that token then you will not be able to transfer that token. And will show failure.
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The reason for showing token transaction failure is that if you are locked that token then you will not be able to transfer that token. And will show failure.
I agree with you. There may be reasons for such problems.