Volatile Gwei Gas Fees help! - page 2.

Jackl87

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Quote from: very_452001 on March 04, 2021, 09:10:34 PM

Its like every 10 secs the fees are so volatile according to:

https://ethgasstation.info/index.php?curr=gbp

I sent coins to exchange at 'standard less than 5 mins' fee at 105 Gwei which was recommended at the time on the site above. After like 20 secs later I refreshed that site and now the same fee has gone up to 132 gwei Shocked

Yeah this really sucks and it happened to me too both on the ethereum chain and on the bitcoin chain. As far as i know you can speed up your transaction, if you have sent it with metamask. Then your transaction will be rebroadcasted again with a higher gas fee. This is not ideal as you have to spend the gas fee twice and there is no guarantee for success but it might be worth a try if that transaction is time critical. There is also a way to remove your transaction from the blockchain, but that is more complicated and you definitely need to follow the guides there step by step.

Oilacris

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Quote from: very_452001 on March 04, 2021, 09:10:34 PM

Its like every 10 secs the fees are so volatile according to:

https://ethgasstation.info/index.php?curr=gbp

I sent coins to exchange at 'standard less than 5 mins' fee at 105 Gwei which was recommended at the time on the site above. After like 20 secs later I refreshed that site and now the same fee has gone up to 132 gwei Shocked

Now I see on the Etherscan global transaction explorer that it will take 11hrs still Pending status for confirmation wth Angry

When I choose gwei when sending, ok after that I take a few mins to double check deposit address to make sure you know what I mean before I click on the final submit send coins button. During those few mins the gwei fee can change right meaning the recommended fee shown at the site above can now be outdated and too slow now correct if gwei fees gone up during that time meaning instead of 5mins I gotta wait 11hrs now?

Ive been using gasnow.org when checking out gas fees and have integrated some browser extension which is helpful for me to check out if its worth to make out some erc20 transactions or not basing on the gas fees.

I have checked out gasnow and it now turns to https://bitcoin.org/en/ or redirecting which i dont know on what happened but you could also check out on https://etherchain.org/tools/gasnow

which it is just really normal to have those volatile Gwei counts from seconds to seconds which i consider to be typical or default.

Rengga Jati

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Quote from: very_452001 on March 04, 2021, 09:10:34 PM

-snip-

Exactly, ETH gas gwei is very volatile and the cost is very high, so crazy. I
Now the gas is about 90 gwei but I am sure that some seconds later, it will be more than 100, Grin

I canceled and delayed sending tokens several times because until now, there is no good time for sending them that I found. I missed them when it comes under 50 gwei at that time but I couldn't do it because I am outside and cannot send it.
And after turning back at home and going to send, it has been more than 100 gwei again. so crazy. Grin

rugrats

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Quote from: very_452001 on March 04, 2021, 09:10:34 PM

Its like every 10 secs the fees are so volatile according to:

https://ethgasstation.info/index.php?curr=gbp

I sent coins to exchange at 'standard less than 5 mins' fee at 105 Gwei which was recommended at the time on the site above. After like 20 secs later I refreshed that site and now the same fee has gone up to 132 gwei Shocked

Now I see on the Etherscan global transaction explorer that it will take 11hrs still Pending status for confirmation wth Angry

When I choose gwei when sending, ok after that I take a few mins to double check deposit address to make sure you know what I mean before I click on the final submit send coins button. During those few mins the gwei fee can change right meaning the recommended fee shown at the site above can now be outdated and too slow now correct if gwei fees gone up during that time meaning instead of 5mins I gotta wait 11hrs now?

Every time I trade I always open a lot of pages to track current Gwei gas like https://etherscan.io/gastracker is one of my favorite sites, gas fees are volatile and quite high compared to what we expect so it becomes more and more difficult to execute the transaction. Many times I transacted to adjust the gas fee as required but only after 5s the gas fee changed this makes me always confused Gwei it changes very fast and my transaction is done by manual operation very slow , hope that ETH 2.0 comes out will make gas fees more stable and fees lower than today.

Yogee

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Quote from: very_452001 on October 19, 2021, 05:43:37 PM

Quote from: Yogee on October 19, 2021, 04:36:07 PM

Quote from: very_452001 on October 19, 2021, 04:19:39 PM

....
So I have to pay the gas fees again to re-do for failed transactions?

That would mean you have to send a different transaction with a new tx hash so YES you would need to pay a new tx fee for that.

It's one of the headaches of on-chain transactions over Ethereum and even in BSC.

But BSC is much cheaper and less congested right?

I don't understand how the sender is liable to the miners for failed transactions when the sender wallet allows different fee set speed send services, like slow, medium or fast. If sender is liable for failed transaction fees according to the eth blockchain rules then sender should definitely not be liable for failed transactions sent on normal default or fast fees because how is it the sender's fault Huh

I wouldn't say BSC is less congested since there are also days when daily transactions surpasses Ethereum.

Yes the fees are cheaper there since they have more control on the gas price with only 21 validating nodes. The validators changes from time to time but the total number doesn't.

It's not the responsibility of the Ethereun miners how much fees you used to send. They also do not set the gas price. You should probably remove from your head the centralized finanvial system where fees are fixed for a while and refunds can be done.

very_452001

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Quote from: Yogee on October 19, 2021, 04:36:07 PM

Quote from: very_452001 on October 19, 2021, 04:19:39 PM

....
So I have to pay the gas fees again to re-do for failed transactions?

That would mean you have to send a different transaction with a new tx hash so YES you would need to pay a new tx fee for that.

It's one of the headaches of on-chain transactions over Ethereum and even in BSC.

But BSC is much cheaper and less congested right?

I don't understand how the sender is liable to the miners for failed transactions when the sender wallet allows different fee set speed send services, like slow, medium or fast. If sender is liable for failed transaction fees according to the eth blockchain rules then sender should definitely not be liable for failed transactions sent on normal default or fast fees because how is it the sender's fault Huh

Yogee

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Quote from: very_452001 on October 19, 2021, 04:19:39 PM

....
So I have to pay the gas fees again to re-do for failed transactions?

That would mean you have to send a different transaction with a new tx hash so YES you would need to pay a new tx fee for that.

It's one of the headaches of on-chain transactions over Ethereum and even in BSC.

very_452001

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Quote from: sunsilk on October 19, 2021, 01:24:47 PM

Quote from: very_452001 on October 19, 2021, 05:12:51 AM

Quote from: sunsilk on October 18, 2021, 07:42:56 PM

Quote from: very_452001 on October 18, 2021, 02:48:58 PM

Okay how do you prevent transactions from failing?

If im paying miners a fee for them to work to make transaction successful like you mentioned, then why transaction comes back as failed?

What do you mean no connection with the metamask wallet? All other eth wallets are fine except metamask for gas fee refunds?

If the fee you set and paid isn't recommended by the network then it will really be stuck. But if you paid the recommended fee then there's a sudden surge to the fee set by the miners then it'll be delayed.

If you track your transaction there's an estimated time of confirmation of it. The fees for ERC20 tokens really suck and too much and that's why before you send any token, think of it if it's worth it for you to pay their recommended fee.

Is there a difference between stuck and failed transactions?

Fail transactions means your tokens are not sent but you still have to pay gas fee for the failed transaction?

Stuck means it has been sent, stuck somewhere on the ethereum chain but eventually will get to the receiver but at a long time?

That's right.

Stuck is just delayed transaction.

While the failed transaction, you have to re-do the process because your transaction has never been processed and never gone through. So how's your transaction doing?

If you pay for the not recommended fee then you're likely to get both, it really depends to the network and how much the miners fee are.

So I have to pay the gas fees again to re-do for failed transactions?

qigong13

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Quote from: sunsilk on October 19, 2021, 01:24:47 PM

Quote from: very_452001 on October 19, 2021, 05:12:51 AM

Quote from: sunsilk on October 18, 2021, 07:42:56 PM

Quote from: very_452001 on October 18, 2021, 02:48:58 PM

Okay how do you prevent transactions from failing?

If im paying miners a fee for them to work to make transaction successful like you mentioned, then why transaction comes back as failed?

What do you mean no connection with the metamask wallet? All other eth wallets are fine except metamask for gas fee refunds?

If the fee you set and paid isn't recommended by the network then it will really be stuck. But if you paid the recommended fee then there's a sudden surge to the fee set by the miners then it'll be delayed.

If you track your transaction there's an estimated time of confirmation of it. The fees for ERC20 tokens really suck and too much and that's why before you send any token, think of it if it's worth it for you to pay their recommended fee.

Is there a difference between stuck and failed transactions?

Fail transactions means your tokens are not sent but you still have to pay gas fee for the failed transaction?

Stuck means it has been sent, stuck somewhere on the ethereum chain but eventually will get to the receiver but at a long time?

That's right.

Stuck is just delayed transaction.

While the failed transaction, you have to re-do the process because your transaction has never been processed and never gone through. So how's your transaction doing?

If you pay for the not recommended fee then you're likely to get both, it really depends to the network and how much the miners fee are.

Wasn't that you can spend more gas to speed up the stuck/in-hang-of-waiting trasaction? So why would you get both failed and stuck if I speed up the transaction?

sunsilk

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Quote from: very_452001 on October 19, 2021, 05:12:51 AM

Quote from: sunsilk on October 18, 2021, 07:42:56 PM

Quote from: very_452001 on October 18, 2021, 02:48:58 PM

Okay how do you prevent transactions from failing?

If im paying miners a fee for them to work to make transaction successful like you mentioned, then why transaction comes back as failed?

What do you mean no connection with the metamask wallet? All other eth wallets are fine except metamask for gas fee refunds?

If the fee you set and paid isn't recommended by the network then it will really be stuck. But if you paid the recommended fee then there's a sudden surge to the fee set by the miners then it'll be delayed.

If you track your transaction there's an estimated time of confirmation of it. The fees for ERC20 tokens really suck and too much and that's why before you send any token, think of it if it's worth it for you to pay their recommended fee.

Is there a difference between stuck and failed transactions?

Fail transactions means your tokens are not sent but you still have to pay gas fee for the failed transaction?

Stuck means it has been sent, stuck somewhere on the ethereum chain but eventually will get to the receiver but at a long time?

That's right.

Stuck is just delayed transaction.

While the failed transaction, you have to re-do the process because your transaction has never been processed and never gone through. So how's your transaction doing?

If you pay for the not recommended fee then you're likely to get both, it really depends to the network and how much the miners fee are.

very_452001

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Quote from: sunsilk on October 18, 2021, 07:42:56 PM

Quote from: very_452001 on October 18, 2021, 02:48:58 PM

Okay how do you prevent transactions from failing?

If im paying miners a fee for them to work to make transaction successful like you mentioned, then why transaction comes back as failed?

What do you mean no connection with the metamask wallet? All other eth wallets are fine except metamask for gas fee refunds?

If the fee you set and paid isn't recommended by the network then it will really be stuck. But if you paid the recommended fee then there's a sudden surge to the fee set by the miners then it'll be delayed.

If you track your transaction there's an estimated time of confirmation of it. The fees for ERC20 tokens really suck and too much and that's why before you send any token, think of it if it's worth it for you to pay their recommended fee.

Is there a difference between stuck and failed transactions?

Fail transactions means your tokens are not sent but you still have to pay gas fee for the failed transaction?

Stuck means it has been sent, stuck somewhere on the ethereum chain but eventually will get to the receiver but at a long time?

sunsilk

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Quote from: very_452001 on October 18, 2021, 02:48:58 PM

Okay how do you prevent transactions from failing?

If im paying miners a fee for them to work to make transaction successful like you mentioned, then why transaction comes back as failed?

What do you mean no connection with the metamask wallet? All other eth wallets are fine except metamask for gas fee refunds?

If the fee you set and paid isn't recommended by the network then it will really be stuck. But if you paid the recommended fee then there's a sudden surge to the fee set by the miners then it'll be delayed.

If you track your transaction there's an estimated time of confirmation of it. The fees for ERC20 tokens really suck and too much and that's why before you send any token, think of it if it's worth it for you to pay their recommended fee.

very_452001

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Quote from: dhemasm on October 18, 2021, 02:54:02 PM

Quote from: very_452001 on October 18, 2021, 02:48:58 PM

Okay how do you prevent transactions from failing?

It's different from before, on EIP-1599 you need to follow the base fee and monitor the previous block if it was filled or not and the most safest way from my opinion use Mew where you can choose highest gas fee so your transaction won't fail beside that try to make an transaction on UTC Midnight time, The fee will much lower on that time.

Quote from: very_452001 on October 18, 2021, 02:48:58 PM

What do you mean no connection with the metamask wallet? All other eth wallets are fine except metamask for gas fee refunds?

I have an problem with metamask too for sending eth transaction lately but metamask are just supposed to become an web3 interface to interact with ethereum network.

Do you mean EIP-1559?

UTC Midnight time is the best time for cheapest fees?

So metamask is not a proper Ethereum wallet and instead just a web3 interface for Eth?

I bet the average trader trading ERC-20 cryptos, not day trader everyday, but just average portfolio try to buy low sell high must have spent $1000s in Gwei gas fees in this bull market alone Angry

It is shocking.

If Ethereum goes up in price then fees will be much higher Shocked

Isn't Ethereum suppose to have 16 decimal places that is 0.0000000000000001 (the lowest amount of eth) so why miners charging so much? Is it the mining computation or congestion causing high fees?

[moderator's note: consecutive posts merged]

dhemasm

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Quote from: very_452001 on October 18, 2021, 02:48:58 PM

Okay how do you prevent transactions from failing?

It's different from before, on EIP-1599 you need to follow the base fee and monitor the previous block if it was filled or not and the most safest way from my opinion use Mew where you can choose highest gas fee so your transaction won't fail beside that try to make an transaction on UTC Midnight time, The fee will much lower on that time.

Quote from: very_452001 on October 18, 2021, 02:48:58 PM

What do you mean no connection with the metamask wallet? All other eth wallets are fine except metamask for gas fee refunds?

I have an problem with metamask too for sending eth transaction lately but metamask are just supposed to become an web3 interface to interact with ethereum network.

very_452001

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Quote from: mdzahed134 on October 18, 2021, 02:01:08 PM

Quote from: ?? on ??

Hi,

Coming back here if a transaction has failed do you still have to pay Gas fees even though you chose the default speed fee option or even a faster speed fee paid for service?

Of course, you have to pay fee even transaction will failed somehow because the fee will go for miners who's working to success this transaction. If you will make transaction from metamask and if failed, here you never get refund your gas fee because fee will receive miners, there are no connection with metamask.

Okay how do you prevent transactions from failing?

If im paying miners a fee for them to work to make transaction successful like you mentioned, then why transaction comes back as failed?

What do you mean no connection with the metamask wallet? All other eth wallets are fine except metamask for gas fee refunds?

mdzahed134

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Quote from: ?? on ??

Hi,

Coming back here if a transaction has failed do you still have to pay Gas fees even though you chose the default speed fee option or even a faster speed fee paid for service?

Of course, you have to pay fee even transaction will failed somehow because the fee will go for miners who's working to success this transaction. If you will make transaction from metamask and if failed, here you never get refund your gas fee because fee will receive miners, there are no connection with metamask.

very_452001

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Okay which days and times of the week where its the least congestion?

Crypto is 24/7 market however it doesn't mean its congested 24/7 right?

Anyone know which usual days/times of the week where the Ethereum network is the least busiest?

So Fees should be much cheaper from tomorrow because of that new Ethereum EIP 1559 update?

How do crypto users take advantage of these cheap fees from tomorrow?

Bump any advice?

Warning! Error encountered during contract execution [Out of gas]

I raised the gas limit from default 100,000 to 150,000 but I still get above error message. I used slow Gwei. Please help Sad

Hi,

Coming back here if a transaction has failed do you still have to pay Gas fees even though you chose the default speed fee option or even a faster speed fee paid for service?

[moderator's note: consecutive posts merged]

masterrex

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Quote from: very_452001 on March 04, 2021, 09:10:34 PM

Its like every 10 secs the fees are so volatile according to:

https://ethgasstation.info/index.php?curr=gbp

I sent coins to exchange at 'standard less than 5 mins' fee at 105 Gwei which was recommended at the time on the site above. After like 20 secs later I refreshed that site and now the same fee has gone up to 132 gwei Shocked

Now I see on the Etherscan global transaction explorer that it will take 11hrs still Pending status for confirmation wth Angry

When I choose gwei when sending, ok after that I take a few mins to double check deposit address to make sure you know what I mean before I click on the final submit send coins button. During those few mins the gwei fee can change right meaning the recommended fee shown at the site above can now be outdated and too slow now correct if gwei fees gone up during that time meaning instead of 5mins I gotta wait 11hrs now?

I experience that also Mate and it's not a problem with me, because I'm using a wallet that has an acceleration function, even if the gas fee (Gwie) is changing faster than we expected I can still make a successful transaction through the acceleration function. because it automatically creates another transaction with much higher gas fees or (Gwie) and dont worry it will not create a double transaction. by the way, I'm using ImToken wallet 2.0. and if it is ok with you to pay additional fees in exchange for a much faster transaction then try it.

tvplus006

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Quote from: ?? on ??

Quote from: tvplus006 on March 06, 2021, 02:11:59 PM

In such cases, when I need to transfer coins from my wallet to the exchange, I do it on weekends, when the commission fee is reduced due to a decrease in network congestion. In addition to the transfer on such days, it turns out to be less expensive to conduct operations on decentralized exchanges and you can spend 50% less than on working days.

Okay what's the best days and times of the week for cheap fees?

I'm talking about Saturday and Sunday, these days the business is resting and, accordingly, the load on the ethereum network is reduced. Before making a transfer, I always use the service https://etherscan.io/gastracker where the Gas price is indicated at this time. There you can also look at the price of Uniswap Swap and Uniswap Add / Remove LP.

Review Master

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Quote from: Bttzed03 on March 07, 2021, 03:55:12 AM

Quote from: Review Master on March 06, 2021, 11:11:25 AM

~~

I'm well aware that you're not referring to BAT rewards from viewing ads. I read a posts back when that wallet was first launched that you can deposit but you're not allowed to withdraw without passing KYC too and I assumed that was true. I was a Brave user and I remember rejecting the wallet installation when it popped out.

Indeed, you're right about uphold which is just custodial wallet just like coinbase and not quite popular on crypto community. Maybe, that's why they partnered with brave browser to get more attention from the community and it's true that kyc is mandatory to get brave rewards into you wallet. But "crypto wallets" is one kind of modified Metamask with some cool UI design to have more attention from users and provide solution for web3/dapps without installing the metamask extension. That's it and like you, i won't suggest anyone to use any wallets which requires KYC as i don't even use those exchanges which require kyc on basic level.

Topic: Volatile Gwei Gas Fees help! - page 2. (Read 581 times)