URGENT!! How to centralize ETH from different wallets with low fee!!

rarg

member

Activity: 224

Merit: 10

The revolutionary trading ecosystem

Quote from: cryptorampage on February 12, 2018, 03:38:51 PM

I am posting again because of not getting answer in general discussion. Experts member please help me out.

Quote

My Brother just got 10 My Ether Wallets (MEW) and have some tokens and ETH in it. Now he wanted to centralize those 10 wallets into one. The current GAS fee is currently appx $2.14 , he just got 5 different tokens or coins with some ETH. Then the total costing for centralization of one account is $5*$2.14 = $10.7 , Then to centralize 10 wallet into one will be $10.7 *10 = $107.

Now i have following question --

1. Is there any other way to centralize ether and all the tokens into one wallet ?
2. Is there any way to minimize the transaction fee (GAS)
3. What is internal transaction , i saw in internal transaction the fee is low than normal. Is it possible to implement here.

Please give me a way out. Please help me.

Always check https://ethgasstation.info/index.php before make any transaction. Wait for low gas fee. (1-4 Gwei). From my experience, you can do any transaction cheaply in weekend. Because, not many traders active on that time. Actually, transferring ETH is more cheaper than Token.

Murloc

full member

Activity: 322

Merit: 103

It doesn't seem like there is a chance to merge all this walets for free. The cheapest (and obvious) solution is to fund all wallets with Ether and make necessary transactions. You can save on fees by setting the lower amount of gas. In the worst case it will take up to a couple hrs (usually up to 30 mins if not 1 min) to get confirmations. If you set too lowe fee the transaction simply won't be sent (while in case with BTC it can stuck).

cryptorampage

jr. member

Activity: 56

Merit: 30

Quote from: Vod on February 12, 2018, 05:39:01 PM

Probably best to ask in a ETH forum, wouldn't you think?

Thanks VOD, it was out of my head that it should be in ETH forum, But i rely on this group very much , that is why posted here . Thanks anyway.

Vod

legendary

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Quote from: cryptorampage on February 12, 2018, 03:38:51 PM

I am posting again because of not getting answer in general discussion. Experts member please help me out.

Quote

My Brother just got 10 My Ether Wallets (MEW) and have some tokens and ETH in it. Now he wanted to centralize those 10 wallets into one. The current GAS fee is currently appx $2.14 , he just got 5 different tokens or coins with some ETH. Then the total costing for centralization of one account is $5*$2.14 = $10.7 , Then to centralize 10 wallet into one will be $10.7 *10 = $107.

Now i have following question --

1. Is there any other way to centralize ether and all the tokens into one wallet ?
2. Is there any way to minimize the transaction fee (GAS)
3. What is internal transaction , i saw in internal transaction the fee is low than normal. Is it possible to implement here.

Please give me a way out. Please help me.

Probably best to ask in a ETH forum, wouldn't you think?

cryptorampage

jr. member

Activity: 56

Merit: 30

I am posting again because of not getting answer in general discussion. Experts member please help me out.

Quote

My Brother just got 10 My Ether Wallets (MEW) and have some tokens and ETH in it. Now he wanted to centralize those 10 wallets into one. The current GAS fee is currently appx $2.14 , he just got 5 different tokens or coins with some ETH. Then the total costing for centralization of one account is $5*$2.14 = $10.7 , Then to centralize 10 wallet into one will be $10.7 *10 = $107.

Now i have following question --

1. Is there any other way to centralize ether and all the tokens into one wallet ?
2. Is there any way to minimize the transaction fee (GAS)
3. What is internal transaction , i saw in internal transaction the fee is low than normal. Is it possible to implement here.

Please give me a way out. Please help me.

Topic: URGENT!! How to centralize ETH from different wallets with low fee!! (Read 151 times)