I have created an ERC20 token, but whenever I want to trnasfer it, transaction fees is deducted in ethers. But I donot want to but ethers. Cant the fee be deducted in terms of my custom token?
I think you need to understand concept of Gas in Ethereum blockchain, Let's have a look to this url
The url has explained everything in detail. Every transaction in Ethereum blockchain is powered by Gas which take Ethers as fuel.