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Topic: Tron alternative options .. (Read 270 times)

member
Activity: 196
Merit: 15
Sovryn - Brings DeFi to Bitcoin
January 07, 2021, 11:37:22 AM
#33
If Ethereum reach a new all time high this time around it will be a big problem for small investors to make transactions on Ethereum blockchain most especially the tokens (smart contract), the gas fee is the only let down affecting Ethereum blockchain right now
member
Activity: 196
Merit: 15
Sovryn - Brings DeFi to Bitcoin
January 07, 2021, 11:35:48 AM
#32
Here are the altcoins with cheapest transaction fee that I have used in the past, the number is high though cos some are not top altcoins, like apollo currency and metacoin for example but here are top altcoins with cheapest transaction fee

1. Dogecoin
2. Tron
3. Litecoin
4. XRP
full member
Activity: 661
Merit: 108
January 07, 2021, 11:26:20 AM
#31
During the high ethereum gas costs and high exchange costs as of late I have somewhat changed to tron too where ever I could and there is clear contrast the exchanges are modest and quick generally I paid only 1 tron as expense which resembles almost zero. So I think tron is incredible other option and prepared for adiption I see large future for tron.
jr. member
Activity: 840
Merit: 6
January 06, 2021, 10:11:22 AM
#30
Due to the high cost of ethereum in transactions, every time I make a withdrawal, I always use TRON, as the main choice because of the small cost.
what do you think, are you also doing the same thing?
Yes, that's one of the things that contributes to alt season. Transactions fees get too high so people start using alternatives.
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
January 06, 2021, 03:13:17 AM
#29
That's true and it makes everything easier for everyone, instead of paying unnecessary fees for transactions irrespective of the amount, it is just better doing so with Tron and it is also fast as well, but the only issue is, it is limited to some coins; that is, assuming it is a coin you want to hold and it is not possible through Tron blockchain, then you will have to pay the needed fees. Also, just to add as well, in cases where it is not possible with Tron, there are other coins with lower transaction fees such as XLM. I just hope the Ethereum 2.0 will be able to do something good about the transaction fees, because it is not getting funny any longer, spending high amounts on transactions fees will only bring about discouragements.
hero member
Activity: 850
Merit: 504
January 06, 2021, 02:50:45 AM
#28
Due to the high cost of ethereum in transactions, every time I make a withdrawal, I always use TRON, as the main choice because of the small cost.
what do you think, are you also doing the same thing?

If transaction fees and speed are the only concerns, Dogecoin and Litecoin are some widely accepted coins with low fees. Tron surely is a good option and there are some tron based tokens that are virtually free to transact and many exchanges even provides zero fees withdrawal. There are many other cheap and fast coins like nano but it's not that widely available in exchanges.

I agree TRON is already a good option but I can vouch for another coin XRP. Though XRP is now under siege, we can't deny that it's a fast, reliable, and cheaper alternative for various transactions. I usually used XRP since it is supported by our local exchange but now that its future is full of uncertainty and some delisting from other exchanges, I don't know what's a better alternative to use locally.
jr. member
Activity: 156
Merit: 4
Trade and stake Ethereum assets on TRON
January 06, 2021, 02:36:19 AM
#27
Litecoin and XRP transaction fee are good too, these are perfect alternative to Tron, presently Ethereum is hurting me, I can't sell some of my ERC20 tokens that costs around 20$ to 100$ because the transaction fee for sending is over 12$ to 19$, this is insanely crazy, I'm wondering what it will be like when Ethereum surge over 1500$

TRON is not only about low fees. It has TRC20 tokens which is almost the same as ERC20, but with much lower fees. The only problem is that there are not so many popular tokens on TRON, but it can be solved with crosschain transfers between Ethereum to TRON.

Check our TofuDefi project, we are going to solve this issue.
full member
Activity: 1148
Merit: 116
January 06, 2021, 01:45:59 AM
#26
Litecoin and XRP transaction fee are good too, these are perfect alternative to Tron, presently Ethereum is hurting me, I can't sell some of my ERC20 tokens that costs around 20$ to 100$ because the transaction fee for sending is over 12$ to 19$, this is insanely crazy, I'm wondering what it will be like when Ethereum surge over 1500$
sr. member
Activity: 2394
Merit: 267
Vave.com - Crypto Casino
January 05, 2021, 06:51:24 PM
#25
I never have used TRON actually. I use XRP for large withdrawal transactions. ETH transaction is really too high but for a small amount, I use ETH. I will give try with TRON next time.
what you do is very good, always looking for alternatives that might be used but I stick to ethereum and even if it's still high then I agree to do an alternative with XRP which can and is good to do and many have tried it. This will affect the future for Ethereum if it does not want to improve to change to its original goal.
I haven't and didn't expect to try TRON for now.
hero member
Activity: 1876
Merit: 512
January 05, 2021, 04:45:23 PM
#24
You are not the only one employing this, some people see the fees on ethereum as too ridiculous and move their funds using Tron, at times when I want to move funds from exchange to exchange and see huge the need to reduce my transaction fee, I first convert the funds to Tron and convert it back to BTC on the other exchange
legendary
Activity: 2982
Merit: 1069
January 05, 2021, 02:53:33 PM
#23
Due to the high cost of ethereum in transactions, every time I make a withdrawal, I always use TRON, as the main choice because of the small cost.
what do you think, are you also doing the same thing?

If transaction fees and speed are the only concerns, Dogecoin and Litecoin are some widely accepted coins with low fees. Tron surely is a good option and there are some tron based tokens that are virtually free to transact and many exchanges even provides zero fees withdrawal. There are many other cheap and fast coins like nano but it's not that widely available in exchanges.
member
Activity: 125
Merit: 10
January 05, 2021, 02:49:38 PM
#22
I never have used TRON actually. I use XRP for large withdrawal transactions. ETH transaction is really too high but for a small amount, I use ETH. I will give try with TRON next time.
member
Activity: 1022
Merit: 20
RiveMont
December 27, 2020, 04:11:42 PM
#21
Due to the high cost of ethereum in transactions, every time I make a withdrawal, I always use TRON, as the main choice because of the small cost.
what do you think, are you also doing the same thing?
I think a huge number of community members are doing this to avoid high gas fee and this has really shown us the value of tron as an alternative platform because I have always found its transactions to be cheap and fast so im enjoying tron network for transfers.
legendary
Activity: 2212
Merit: 1008
December 27, 2020, 04:06:26 PM
#20
Tron is always an alternative but can't replace Ethereum. Tron may be preferred for small business transactions, but Ethereum will always be needed for large transactions. Nobody can dethrone Ethereum  Cheesy

Confident leaders are Bitcoin and Ethereum. Why look for alternative options when everything is already clear. At first glance, they seem to be the same competing projects. If we talk about profitability and payback period, then Bitcoin and Ethereum in this matter do not differ much in these indicators.
member
Activity: 504
Merit: 10
umachit.fund
December 23, 2020, 10:35:33 AM
#19
Tron is always an alternative but can't replace Ethereum. Tron may be preferred for small business transactions, but Ethereum will always be needed for large transactions. Nobody can dethrone Ethereum  Cheesy
legendary
Activity: 1694
Merit: 1003
December 23, 2020, 09:37:57 AM
#18
Never use Tron before I always use dogecoin and xrp but now that xrp in a hot water and there is a chance that it will get delisted from major exchanges it  is nice to know that there is an alternative.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
December 23, 2020, 09:25:39 AM
#17
The situation that surrounds ETH high transaction is not yet clear to me. Why the high fees? This has made lot of people to raise questions and to those that are you to get an answer, they resolve to make their transactions using another means. And tron is one of those means, I personally have been making you use. Since I noticed bthe high fee. They charge as low as 1trx which is still pretty fair
When there are so many txs got stuck to be verified by the block and that will make the block will be only taking the tx with high fees to be validated before the tx that contains the small fees. That created congestion in the network and it's also making the fees was increasing a lot. Tron is a good alternative especially to send USDT TRC20 as alternative for USDT erc20
sr. member
Activity: 1540
Merit: 264
Next Generation Web3 Casino
December 23, 2020, 09:13:55 AM
#16
Due to the high cost of ethereum in transactions, every time I make a withdrawal, I always use TRON, as the main choice because of the small cost.
what do you think, are you also doing the same thing?
The ethereum transaction fee has increased a lot in the last few months. We thought ETH 2.0 would solve this problem. But this problem has not been solved yet.  As a result, everyone is using different blockchain technology for transactions. Just like you are using TRON for withdrawal, I am also using LTC (Litecoin) for withdrawal. So far Litecoin's transaction fee is much lower. You can try it.
member
Activity: 879
Merit: 10
Sovryn - Brings DeFi to Bitcoin
December 23, 2020, 01:22:10 AM
#15
The situation that surrounds ETH high transaction is not yet clear to me. Why the high fees? This has made lot of people to raise questions and to those that are you to get an answer, they resolve to make their transactions using another means. And tron is one of those means, I personally have been making you use. Since I noticed bthe high fee. They charge as low as 1trx which is still pretty fair
hero member
Activity: 2898
Merit: 639
December 23, 2020, 12:58:32 AM
#14
I always agree that tron is a much much better currency to do transactions if you need to just send someone money. Obviously why we use bitcoin and ethereum is not just to send money around, we use them for a lot of other things as well, and biggest one is probably trading and investing so that doesn't really apply here. However if you just need to pay someone, or you need to buy something, best choice is to buy Tron for sure without a doubt.

I actually believe tron will get higher in price as well because of this, usually projects that are cheap and used a lot are seen as a good way to invest because if it is cheap to buy and send that means people will buy and send and that will cause the price to go up until it is sold, plus it has a erc20 token like situation with the blockchain as well, which I think will increase the request for tron as well.
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