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Topic: ETH gas fees are a joke. - page 10. (Read 1170 times)

member
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
April 19, 2023, 03:19:24 AM
#15
Indeed, gas fees on the Ethereum network can be high, especially during periods of increased activity on the network. However, it is important to understand that the gas fee is determined by the market price and is set by users who participate in mining and transaction processing. Gas fees can be reduced by choosing a lower gas price or by using transaction optimization tools such as GasNow or ETH Gas Station.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
April 19, 2023, 02:16:41 AM
#14
If you think nine dollars is bad, you wouldn’t believe the prices people were paying for the chance to mint NFTs during hot drops. I believe fees were sometimes as much as $1,500 just to buy an overpriced NFT. Pretty insane looking back but people were lining up to do it in the hopes of a quick flip to make some money. During the peak, NFTs weren’t even worth the fees to get them.
legendary
Activity: 2100
Merit: 1321
CoinPoker.com
April 19, 2023, 02:15:36 AM
#13
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.
Likely yes since its said whats needed. Or at least wait the network to cool down and wait for it wear of first.

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.
Did you converted your eth to btc using metamask? Maybe thats not a native btc or this is on cex?

Is there a way for me to lower the gas fees from metamask, or otherwise import the wallet into some other software?
No. Unless you use a dapp or bridge that have free fees but thats rare and still need to use eth for fees. Cause $0.5 wont any be used. Maybe on L2 likr arbitrum or optimism.
member
Activity: 76
Merit: 28
April 19, 2023, 01:55:58 AM
#12
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 wonder why do you use Ethereum despite high transaction fees? Aside from the hype leftover, I doubt Ethereum has any advantage over its direct competitors at this moment.
member
Activity: 378
Merit: 44
April 19, 2023, 01:45:46 AM
#11
today the price of gas is very high and this is very bad for the withdrawal of earned funds, since a decent part of the money must be paid for the withdrawal fee, those days have passed when the price of gas was small, like in 2017, when you could earn and pay a miserable price
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
April 19, 2023, 12:14:39 AM
#10
And in the much touted upgrade of Ethereum, it's supposed to solved the gas fees but it didn't. Most likely everyone will fall for this huge transaction specially in the bull run.
Bitcoin is able to solve its problem to reduce expensive transaction fee on Bitcoin network to lower fee in last two years. It is more cheaper after we have good adoption for Bitcoin Segwit and Lightning Network.

Ethereum failed to solve its issue and after some upgrades, that chain always costs its users very expensive fees. It would become more hilarious expensive when many altcoin projects which use smart contracts on ERC20 chain have their hypes in next bull runs, in altcoin seasons.
hero member
Activity: 2632
Merit: 833
April 18, 2023, 11:49:31 PM
#9
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?
You're supposed to know that Ethereum blockchain is high unmatchable and expensive point, I recommend using TRC20 because in most daily bulky transactions, there's absolutely no comparable one except TRC20. Most people are acquainted with the cheaper network because no one would lost more coins all in the name of network charges, it's a very uncomfortable condition to sealed our charges knot with Blockchain that's expensive. Ethereum gas fees is very expensive compared to TRC which is more better and cheaper.

For sure the OP knows that, and that's why he is asking if there is some kind of control just like in Electrum wherein we can chose how to pay and how much for a single transaction.

And in the much touted upgrade of Ethereum, it's supposed to solved the gas fees but it didn't. Most likely everyone will fall for this huge transaction specially in the bull run.
hero member
Activity: 1148
Merit: 518
April 18, 2023, 11:14:54 PM
#8
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?
You're supposed to know that Ethereum blockchain is high unmatchable and expensive point, I recommend using TRC20 because in most daily bulky transactions, there's absolutely no comparable one except TRC20. Most people are acquainted with the cheaper network because no one would lost more coins all in the name of network charges, it's a very uncomfortable condition to sealed our charges knot with Blockchain that's expensive. Ethereum gas fees is very expensive compared to TRC which is more better and cheaper.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
April 18, 2023, 10:20:05 PM
#7
Is there a way for me to lower the gas fees from metamask, or otherwise import the wallet into some other software?
You can use Orbiter bridge which saves you a lot of fee. As of writing, you can save about $9 to $10 with Orbiter.
https://www.orbiter.finance/?source=Ethereum&dest=zkSync%20Era

After bridging your ETH from ERC-20 to Zksync Era, you can use https://syncswap.xyz/swap with estimated gas cost is about $0.5
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
April 18, 2023, 07:59:00 PM
#6
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.
That's why most people prefer to bridge their ethereum to the L2 blockchain like arbitrum. I paid $17 for a single transaction in ethereum to bridge from L1 to the L2. This blockchain is crazy as fuck.


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.
Controlling the gas will not help you a lot in this case. If you continue by paying less than what already showed in https://etherscan.io/gastracker

Your transaction will have no ETA to be delivered. it's caused by your tx waiting for the gas fees to decline first.

Is there a way for me to lower the gas fees from metamask, or otherwise import the wallet into some other software?
There's no way to lower the gas fees. You will have needed to pay the recommended fees or your transaction will be stuck for so many hours. I recommend you use L2 blockchain like arbitrum or optimism if you wanna using ethereum. It cost even less than btc transaction.
hero member
Activity: 616
Merit: 713
Don't joke with my Daughter
April 18, 2023, 07:47:13 PM
#5
Have you tried using Trustwallet to import your address before sending out your coin?
Though I think that could be very much better than Metamask wallet, if you try to adjust your gas fee I don't think it will increase by itself or possibly check the gas station to know to send out transaction because there are sometimes sending out erc20 would cost you lesser while sometimes it's would get worst of its price. This is why I dislike ETH network rather than bsc.
legendary
Activity: 2884
Merit: 1137
Leading Crypto Sports Betting & Casino Platform
April 18, 2023, 03:38:08 PM
#4
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?

There's a small edit button that people often miss when you send eth.


( Pic source is a screenshot crop from some youtube instructions so don't let the price fool you. )

After that comes a window with all kinds of settings. You can set your gas limit manually or choose from advanced options or just click from 3 send choices: Low, Medium And High priority. If you don't know what you are talking about it might be better to choose from those 3 options.

I admit that edit button is too tiny and i didn't click that before either.

sr. member
Activity: 700
Merit: 429
April 18, 2023, 03:05:45 PM
#3
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 meta mask, or otherwise import the wallet into some other software?
I thought the so-called ethereuem network migration from proof of work to proof of stake will solve their network problems and to hear that ethereum holders still have to pay high gas fees for transactions is a show off of how the so-called proof of stake propaganda was a failed experiment.


I guess we all have to stick to what we are used to Bitcoin pow is the bee because I can't imagine anyone having to pay such high gas fees to send Bitcoin, and for the fact there have been so much media stunts spreading the falsehood of the proof of stake being the replacement for proof of work which have proven to be lies and false hold.


With Bitcoin green energy and renewable energies, bitcoin proof of work energy consumption can now be converted into some other eco-friendly products that can help provide other resources needed to propel another sector such as agriculture.
full member
Activity: 1260
Merit: 103
The OGz Club
April 18, 2023, 02:51:28 PM
#2
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.
legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
April 18, 2023, 02:36:08 PM
#1
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?
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