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Topic: I Feel Confuse !!! - page 4. (Read 634 times)

sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
February 07, 2021, 10:12:11 AM
#8
Everything about this high has fee is just bringing discouragements to use the Ethereum platform, because it doesn't really makes sense paying higher for fees, the funny part is that, there are even times that the gas fees will be so high that it will surpass the total worth of the token you are trying to send to an exchange. It just keeps getting higher and even when you wait for it to reduce it will still be high to some extent.
Well, currently, there is nothing that can be done about it, if you try to customise the gas fee, you will either be faced with a pending transaction or a failed transaction as a result of "out of gas" situation, while ending up losing the gas fee as well. My opinion is, wait for it to drop down a bit.
member
Activity: 490
Merit: 10
February 07, 2021, 09:21:17 AM
#7


when I looked at the gas content in my ERC 20 wallet it was not enough to send the alt I had to the exchange, because the gas fee were very high.
do you have a cheaper way to send tokens ??


share your opinion ,,please


Gas prices on Ethereum are hard to predict; they can be as cheap as 1 gwei or less at off-peak hours, while some transactions pay into the hundreds of gwei to buy into that juicy ICO or hit an order on EtherDelta before any other players. Users who need to be mined quickly or first often engage in fierce bidding wars, bidding wars in which using GasToken provides an enormous advantage by letting you perform the same transactions while spending less gas.

For more details see the following link.

https://gastoken.io/
legendary
Activity: 2128
Merit: 1775
February 07, 2021, 08:30:34 AM
#6
Try to browse the topic below.
And follow the instructions there, hopefully it can help you to reduce ERC 20 gas.

Topic: Paying low fees in Ethereum - Gas Limit, Gas Price and Gwei
To determine what is the gas price, just check out this website
https://ethgasstation.info/
legendary
Activity: 2478
Merit: 1492
February 07, 2021, 08:17:14 AM
#5
This morning Ethereum gas fees were below 90 gwei. Seems a good price, as earlier that week I’ve seen 250+ gwei for a normal speed transaction. I think “below 100 gwei” has become todays normal. I think we wont see below 80 gwei price in nearest future. So just get used to.
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
February 07, 2021, 08:14:08 AM
#4
you should consider as a sort of "monetary privilege" be able to broadcast a transaction in blockchain. it means also that are you trying to exchange a very low volume in terms of value so no interesting at all to give a quick lane... as told, right now you can just wait fees will decrease.
but you are assuming double risk. fees will not decrease, your operation will not be profitable anymore!
copper member
Activity: 812
Merit: 12
I ❤ ₿itcoin and Ethereum
February 07, 2021, 08:12:04 AM
#3


when I looked at the gas content in my ERC 20 wallet it was not enough to send the alt I had to the exchange, because the gas fee were very high.
do you have a cheaper way to send tokens ??


share your opinion ,,please
there is no other way to make gas fees from Ethereum become low, because for now gas fees from Ethereum are very high and all you have to do is wait until gas fees from Ethereum become cheap, although we don't know when it will happen or maybe even gas fees from Ethereum could be more expensive than now.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
February 07, 2021, 07:11:52 AM
#2
The only way for you to wait for the gas price to decrease, there's no other way to send your alt when you didn't have enough gas. It's blockchain.
You can do nothing about that if you are not willing to send more gas to your wallet. I think that's the point.
member
Activity: 600
Merit: 10
Artemis
February 07, 2021, 06:51:54 AM
#1


when I looked at the gas content in my ERC 20 wallet it was not enough to send the alt I had to the exchange, because the gas fee were very high.
do you have a cheaper way to send tokens ??


share your opinion ,,please
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