This article explains which actions in Ready (formerly Argent) Ethereum account require Ethereum network fees (also known as gas) and how they work.
Ready does not profit from gas.
What is a network fee (gas)?
The Ethereum network fee is a variable fee, paid in ETH, for using computational power on Ethereum.
Every onchain action - like sending a transaction or interacting with a smart contract - requires gas. The fee is paid to Ethereum validators who help process and secure the network.
What actions in Ready require network fees?
- Wallet creation
Each Ready wallet is a smart contract on Ethereum, so gas is required to create it. The fee is paid from your first deposit. - Wallet recovery with guardians
Recovery is also onchain. Gas is required since 19 July 2021. - Adding or removing a guardian
These are onchain security actions that require gas. - Enabling or disabling a Trust List
- Starting or ending a Trusted Session
- Adding a trusted address
- Sending ETH, ERC20 tokens, or collectibles
- Using DeFi integrations, such as Uniswap or Aave
- Transactions via WalletConnect
- In-app token trading
How can I see the network fees before confirming?
When you make a trade or transaction in the app:
- You’ll see a network fee label before the final confirmation screen.
- Tap the fee to choose from three fee options - each with different confirmation speeds and prices.
- Ready will automatically retry the transaction if it fails due to low gas and will cover the difference if needed.
What tokens can I use to pay network fees?
You can pay network fees using supported ERC20 tokens:
- ETH
- DAI
- USDC
- USDT
We automatically convert the token to ETH under the hood.
Does Ready profit from network fees?
No. Gas fees are paid directly to Ethereum validators.
Why does Ready use more gas than a traditional wallet like MetaMask?
Ready is a smart contract wallet, unlike MetaMask which is an EOA (Externally Owned Account) wallet.
Ready uses more gas because of its onchain security model, which powers features like:
- Guardian-based recovery
- Trusted sessions
- Smart permission systems
This lets you enjoy high security and better UX without relying on a custodian.
Do failed transactions still consume gas?
Yes. Gas is used whether a transaction succeeds or fails. This applies across all Ethereum wallets.
To reduce failed transactions:
- We estimate the right gas price based on network conditions.
- We implemented a failure prediction system to block transactions that are likely to fail and waste gas.