<p>This is highly implementation specific. </p>

<p>For common token platforms, namely Bitcoin and Ethereum, fees for transactions must be paid in Bitcoin and ether respectively.</p>

<p>Your contract or token mechanisms can impose a further fee in your token, or another token, but the platform itself requires the transaction cost to be paid by the native currency.</p>

<p>There are various proposals (<a href="https://github.com/ethereum/EIPs/blob/master/EIPS/eip-86.md" rel="nofollow noreferrer">1</a>, <a href="https://github.com/ethereum/EIPs/issues/865" rel="nofollow noreferrer">2</a>), mainly for ethereum, that would allow tokens to be used to pay base transaction fees as well. However, these will require a hardfork, and are not currently usable.</p>

CC BY-SA 4.0
2018-11-24T11:48:20.077Z
Thank you very much for your response. If i understand it well, so for example people who have OmiseGo, wich is a token on the ethereum blockchain, and wants to transfer omiseGo tokens to each other, have to pay in ethereum the transaction-fees ?
laizess
CC BY-SA 4.0
2018-11-24T12:02:38.227Z
That's correct.
Raghav Sood
CC BY-SA 4.0
2018-11-24T09:49:12.500Z
2018-11-24T09:49:12.500Z
Raghav Sood
<p>Ones tokens are issued by smart contracts on a existing blockchain, for example Bitcoin and distributed to the community, who and in wich currency the transaction fees will be realized ?</p>

<smartcontracts>
Smart Contract token
laizess
# Smart Contract token

(Asked by: username_0 on 2018-11-23)

Ones tokens are issued by smart contracts on a existing blockchain, for example Bitcoin and distributed to the community, who and in wich currency the transaction fees will be realized ?

**Tags:** smartcontracts


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## 1 answers

### Answer by username_1 on 2018-11-24. Score: 1

This is highly implementation specific.

For common token platforms, namely Bitcoin and Ethereum, fees for transactions must be paid in Bitcoin and ether respectively.

Your contract or token mechanisms can impose a further fee in your token, or another token, but the platform itself requires the transaction cost to be paid by the native currency.

There are various proposals ([1](https://github.com/ethereum/EIPs/blob/master/EIPS/eip-86.md), [2](https://github.com/ethereum/EIPs/issues/865)), mainly for ethereum, that would allow tokens to be used to pay base transaction fees as well. However, these will require a hardfork, and are not currently usable.

> **Comments:**
> **username_0**: Thank you very much for your response. If i understand it well, so for example people who have OmiseGo, wich is a token on the ethereum blockchain, and wants to transfer omiseGo tokens to each other, have to pay in ethereum the transaction-fees ?  
> **username_1**: That's correct.  

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