Topic: ETH gas fees are a joke. (Read 1209 times)
Locking this thread as it has become a bee's nest for AI-generated robot replies. Thanks but I don't need ChatGPT to figure out that crypto fees are becoming a sad story.
So I have to pay $9 ETH to transfer 70 USDT I just received, out of my wallet? And worse, transferring any amount of ETH will set you back $3 in gas fees.
I've just converted most of my ETH to BTC, and have $0.5 left in metamask. It claims to have an "advanced gas control" when you hit Send, but it's not showing me that.
Is there a way for me to lower the gas fees from metamask, or otherwise import the wallet into some other software?
I've just converted most of my ETH to BTC, and have $0.5 left in metamask. It claims to have an "advanced gas control" when you hit Send, but it's not showing me that.
Is there a way for me to lower the gas fees from metamask, or otherwise import the wallet into some other software?
when the network is high that will happen,please note that while adjusting gas fees or exploring alternative wallets may help reduce transaction costs, they are subject to the current state of the Ethereum network and market conditions. It's always recommended to research and evaluate the specifics of the wallet or service you choose to use to ensure they meet your needs and align with your security requirements.
it's been a long time since Gas Fees on Ethereum are very expensive and very joking,
I'm really surprised even though Ethereum has also gone through many big events like Ethereum 2.0 and Ethereum Shanghai,
but they really can't make Gas smaller, I really disappointed.
I'm really surprised even though Ethereum has also gone through many big events like Ethereum 2.0 and Ethereum Shanghai,
but they really can't make Gas smaller, I really disappointed.
I understand your frustration with high gas fees on the Ethereum network. Gas fees have indeed been a persistent issue on Ethereum, especially during periods of high network activity. Ethereum has experienced significant growth and adoption, which has resulted in increased demand for block space and higher fees.
Last week was unbearable for me. Had some Eth, Matic on eth network. Wanted to move like 60-110 bucks at most. Gas fee’s was literally from $23-58 depending on time and day. Had to stay up late until 2 am one day and tried finally saw like $9 lowest fee.
I used to like doing transactions with ETH GAS Fees. The fees were very cheap but now they are very expensive for small transactions. Now I prefer to make transactions in BNB or Polygon. I prefer BNB for its fast and easy transactions. Yes, for me ETH GAS Fees at this time is a joke that must be found a solution.
some time ago Ethereum Gas Fees had dropped to $ 1, and there were lots of transactions and made the network very slow,
this is proof that Ethereum really can't provide the best now even though Ethereum 2.0 has been completed but in reality it is still expensive for Fees,
this is clearly a a loss because we know that Ethereum still has a lot of users, and I miss the old Ethereum because of the cheap Gas Fee.
this is proof that Ethereum really can't provide the best now even though Ethereum 2.0 has been completed but in reality it is still expensive for Fees,
this is clearly a a loss because we know that Ethereum still has a lot of users, and I miss the old Ethereum because of the cheap Gas Fee.
ETH fees are huge indeed. I was using TRX instead of it, but its fees are becoming worse too. LTC is a good option with low fees and fast transactions, but it doesn't have tokens on its blockchain.
ETH gas fees are a joke but a reality. I've also tried it too. But if the context is in the ETH network we definitely have other ways to get out of that situation for example we can process the transaction when the Ethereum network traffic is low, like in the middle of the night or during a period of inactivity and one of the other options is to set the gas price level for example if someone made a transaction using Trust Wallet at the end of the command before entering the requested written amount, Yeah. Just edit and than Enter.
As far i know, metamask allows to edit your transaction fee but i Don't recommend that. Cause durning high network activity, it may takes a day to compete transaction. Thats why its better to have fund on exchangers so that you can convert anything without giving fee or use bsc network for transactions. But 9$ is a pretty fair amount if you remember those days when ether needs 100$-250$ per transactions durning high network activity.
It’s very frustrating but meme coin season peaked & seems to be phasing out. The issue with bitcoin fees due to ordinals & BRC20 spam has also seemingly peaked.
We should see gas fees really plummet soon. I hope to see them slashed to at least 50% of what they currently are in the coming months.
We should see gas fees really plummet soon. I hope to see them slashed to at least 50% of what they currently are in the coming months.
There are a lot of worthless "meme" coins on both Ethereum and Bitcoin blockchains (especially ETH). How can we expect gas fees to decline when the network is being flooded with "meme" coins like crazy? Either developers scale the Blockchain by introducing network upgrades, or everyone moves to off-chain (L2) scaling solutions altogether. The hype won't last forever, so there's hope fees will get cheaper soon.
If you're in a hurry, you can use an L2 scaling solution such as Arbitrum or Optimism to save big on gas fees. Or you can use an alternative Blockchain network such as BNB or TRX for complete peace of mind. It would be a "miracle" if Vitalik Buterin and his team manage to solve the "Blockchain Trilemma". That would make ETH the best solution for everything. Good things take time to build, so I have no hurry to see this happen anytime soon. Just my thoughts
Since then, the cost of ETH gas has been very expensive, so many people have switched to BSC or polygon. So far there is no way to reduce ETH gas costs from metamask because gas costs on metamask are automatic so they can change in an instant. Maybe one of the ways that you can transfer USDT with low gas costs, you can migrate to the BSC or polygon network.
migrating is one way to solve the problem with ethereum but generally one couldn't really fully migrate over to the other blockchain.the reason being, the other blockchain have different ecosystem and by different is like really different, even ethereum and bsc have masive difference ecosystem and the token deployed is quite different, meaning that sometime you have no choice but keep using ethereum, maybe layer 2 is better solution than just instead having some drastic effort of migrating over to other blockchain like polygon,it's a lot similar with ethereum too, even it used ethereum as a gas fee in which other blockchain isn't doing, but the implication sometimes, the fee usually also follow ethereum despite only portion of it.
This problem has often occurred on the ethereum network with very high transaction fees, making people who want to make transactions in small amounts an obstacle so that many people have to wait for transaction fees to drop again. and in my opinion there is no effort to reduce transaction costs that have been determined by the network. if you insist on lowering it then your transaction will experience delays and has failed.
We have to wait for the normal transaction fees in a few days because when the price decreases there is an impact the transaction will be dense from the traders panic but we have now another alternative network option to withdraw the token from the exchange but if the asset is from the ETH network wallet then there is no other option but to wait for the transaction fee will be normal. So I have to pay $9 ETH to transfer 70 USDT I just received, out of my wallet? And worse, transferring any amount of ETH will set you back $3 in gas fees.
I've just converted most of my ETH to BTC, and have $0.5 left in metamask. It claims to have an "advanced gas control" when you hit Send, but it's not showing me that.
Is there a way for me to lower the gas fees from metamask, or otherwise import the wallet into some other software?
I've just converted most of my ETH to BTC, and have $0.5 left in metamask. It claims to have an "advanced gas control" when you hit Send, but it's not showing me that.
Is there a way for me to lower the gas fees from metamask, or otherwise import the wallet into some other software?
This problem has often occurred on the ethereum network with very high transaction fees, making people who want to make transactions in small amounts an obstacle so that many people have to wait for transaction fees to drop again. and in my opinion there is no effort to reduce transaction costs that have been determined by the network. if you insist on lowering it then your transaction will experience delays and has failed.
Since then, the cost of ETH gas has been very expensive, so many people have switched to BSC or polygon. So far there is no way to reduce ETH gas costs from metamask because gas costs on metamask are automatic so they can change in an instant. Maybe one of the ways that you can transfer USDT with low gas costs, you can migrate to the BSC or polygon network.
That has really been a problem for the Ethereum network. Before, I used to gamble using ETH and USDT on the ETH network. However, when the gas fees became unaffordable for most gamblers, I switched to USDT TRC20. It's very affordable, and the confirmations are instant. I no longer follow ETH since I have withdrawn my investment and sold it for USDT. However, I'm interested to know what they would do to make micro-transactions possible in the future. 
Since then, the cost of ETH gas has been very expensive, so many people have switched to BSC or polygon. So far there is no way to reduce ETH gas costs from metamask because gas costs on metamask are automatic so they can change in an instant. Maybe one of the ways that you can transfer USDT with low gas costs, you can migrate to the BSC or polygon network.
Now most of the project deployed in the multi chain so i think small traders have another option to buy/sell, specially i don’t use Etherum when it’s gas fees is crazy. BSC can be good option for the small traders, i am using this network after i left from Eth network. I will never back in eth until it’s gas fees will decrease.
most but not all, even the newer trending coins rarely deployed multi chain, I think ethereum still needed for someone that seeking an opportunity, even though the gas fee is too high but there's nothing we can do if we gonna find some gems like some meme coins that gonna rise. 
My last transaction was 1.5 ETH. I had to cancel. I will not understand at all that there is Buterin with gas to joke like that. Maybe the time has come to completely abandon the first-level blockchain.
We really got hit the heavy network congestion and it was disappointing to see the huge fees. I'd see that it was impossible for small investors to buy and more their money in this situation. For now, nothing to do but to check regularly the chart fees and wait until it goes back to low fees. Honestly, the entire market is been suffering huge fees which include Bitcoin as well. I've been looking for another option but it was hopeless, we can't any other than just wait to calm down. I think we are urged to hold because of this situation...
It’s very frustrating but meme coin season peaked & seems to be phasing out. The issue with bitcoin fees due to ordinals & BRC20 spam has also seemingly peaked.
We should see gas fees really plummet soon. I hope to see them slashed to at least 50% of what they currently are in the coming months.
We should see gas fees really plummet soon. I hope to see them slashed to at least 50% of what they currently are in the coming months.
it's been a long time since Gas Fees on Ethereum are very expensive and very joking,
I'm really surprised even though Ethereum has also gone through many big events like Ethereum 2.0 and Ethereum Shanghai,
but they really can't make Gas smaller, I really disappointed.
To be fair, AFAIK the changes in its consensus mechanisms aren’t supposed to make the transactions within the network cheaper or faster (which honestly bugs me cause why the fuck would you change to a much inferior consensus mechanism than POW if there’s no upsides), so you can’t really count those changes as “quality of life” updates that you can rely on. I think as long as crypto’s a thing dizzying gas fees during high volume periods is going to be a problem that we’ll have to face. Just last week I withdrew my BTC, which is around 20 bucks, due to the issue with bitcoin’s transaction processing I only got 7 bucks back from that and I even had to wait 4 days for the transaction to push through. Absurd times but I guess we’ll have to deal with it as long as we’re here. I'm really surprised even though Ethereum has also gone through many big events like Ethereum 2.0 and Ethereum Shanghai,
but they really can't make Gas smaller, I really disappointed.
The concern to me is why are these L2 platforms Polygon, Arbitrum, Optimism and ZK were all hyped as the solutions to this stupid transaction and gas fees projects are just using them to mine Airdrops and refuse to deploy projects on them. I just don't understand why someone would pay $120 transaction fees to trade a token of $80 value, maybe some of these retailers don't check the transaction fees at all before they execute trade, I can argue that Ethereum is making retailers poorer than any of the Alternate chains. If your portfolio is less than $100k don't use Ethereum.
When I make these investments, I only spend time with losses. The sad thing is that when I invest in an altcoin, the coin only goes down in price instead of growing. A long time ago I had a few dollars with which I bought the Matic so that it would make some profit if the price went up later. But unfortunately, bro, what should I say, since I bought it, the price has not increased even a little, only the market has gone down. When I bought Matic it was at $1.32 I thought the market was down a lot and would go up a little but then it didn't. So I have been spending time with that loss for several months. I ask for prayers from all the brothers of the form so that my loss is recovered. If I had bought all the bitcoins instead of buying Matic with the amount of bitcoins I invested, I would have made a lot of profit with all the dollars. But the sad thing is that I bought the Matic with a few dollars to trade in and now it's hard to get my shipment back.
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