What’s the highest gas fee you have ever paid? - page 3.

pawanjain

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Quote from: cheezcarls on January 20, 2022, 06:34:17 AM

Let’s begin with me. Mine was like almost $100 in ETH for just claiming my tokens from the bounty that took me a year of waiting. Would love for you to share your experiences as well! Thanks!

That's exactly the same as mine. Even I had some Aave tokens in one of old ETH wallet which I noticed last year.
I tried to claim it but there was a certain procedure where I had to swap the LEND tokens to Aave.
The total price of tokens was around $400 out of which a gas fees of $100 was used in the swapping.
But still I was able to accumulate $300 for free Grin

buragTrain

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I have paid 185$ almost in the opensea when i connect first time my wallet with it. Eth gas fee is huge amd i don't think, with such a high fee people will use it more especially when there is best competitor already attracting projects and people . i like Nervous network and matic network. Both gas fee is very low .

lizarder

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Few months ago, I have paid over $120 during network congestion, since then I double check the gas fee on Metamask before clicking send button. The ETH devs should find a solution for insane gas fee and we should stick to ETH network instead of BSC, TRX.

gas costs are so high, it has become a hot topic until now in various forums, the ethereum network is currently so avoided by people, even I have seen projects in the bounty have to replace the ethereum network to the BSC network, because the number of followers of the project is quite large, thus forcing development to replace network, in the long term this is not corrected, it is likely that ethereum will be replaced by another network.

stepwilli

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Quote from: cheezcarls on January 20, 2022, 06:34:17 AM

We all know how most of us are sick and tired of Ethereum’s exorbitant and uncontrollable gas fees these days? But I wanna hear some experience from you guys. Whenever you trade, transfer an ERC20 token, swapping it on Uniswap or minting and buying an NFT on the OpenSea, etc., can you remember what is the highest gas fee you’ve ever paid?

My highest was $70 worth of ETH for claiming my bounty that I work for and I didn't even know much because I was still a newbie in those gas and other terminology. Moreover I was first time using myetherwallet's mobile app and I was somehow uncomfortable and I failed to notice the fee in terms of USD value that I am including. I guess why people are still struggling with etehreum even after paying more than one week's earning from what I may earn from the signature campaign in BTC. Yeah, it is completely senseless to lose one week's hard work just for the reason of TX fees.

Oneandpure

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Quote from: el kaka22 on January 21, 2022, 11:18:11 PM

$101 for one "transaction". It wasn't exactly just one deal though, it was much more than, I got some coin on my account, and it worth around $150 total, and I never approved or anything. So, I went to uniswap, entered it, approved it, swapped it, and that is how I got to pay that much. Obviously, if it was just sending ETH from metamask to binance or something it would be much much lower, but I also had to approve that token as well which made the difference.

It has always been like that, I do not know why but it always asked that much money on low cap tokens approvals. Some of them are preapproved or something? I do not know if that is true but that cost me a lot. I will never do that again, I did that once because I was still in profit.

If you have an airdrop token better claim only and waiting listed on global exchange market like MEXC always support with airdrop coin listing. Last month I claimed GDO coin pay fees almost $50 but not selling with uniswap because will take 50$ fees again and I am waiting when GDO listed on MEXC, just paying for fees sending only and not needed for fees approving and swap coin on uniswap where will be loss for me than reward coin get from GDO airdrop. I hope have new airdrop like GDO for twitter account and they have many follower.

el kaka22

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$101 for one "transaction". It wasn't exactly just one deal though, it was much more than, I got some coin on my account, and it worth around $150 total, and I never approved or anything. So, I went to uniswap, entered it, approved it, swapped it, and that is how I got to pay that much. Obviously, if it was just sending ETH from metamask to binance or something it would be much much lower, but I also had to approve that token as well which made the difference.

It has always been like that, I do not know why but it always asked that much money on low cap tokens approvals. Some of them are preapproved or something? I do not know if that is true but that cost me a lot. I will never do that again, I did that once because I was still in profit.

Luqman

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Quote from: aioc on January 20, 2022, 06:46:28 PM

Before I would not even think of spending more than $20 for a fee even on Bitcoin I use a small fee and use the free accelerators or wait for it even if it takes a day

If it is urgent, you won't think about waiting till the gas fees are cheap enough. I have experienced it, I was waiting for a week to send my tokens with cheap gas fees. Unfortunately, when the gas fees are cheap enough, the token price was decreasing so much already. I regretted it, I think why not spend a higher gas fee if it is worth it. Since experienced it, I never wait for days to send my token, especially when it is pumping.

Quote from: aioc on January 20, 2022, 06:46:28 PM

I'm still waiting for the day where Ethereum fee will go back to its cheap fees.

When it is cheap enough, you probably realize that it is already a bearish season. Grin

We don't know when the gas fee can be cheap, so I never expect it as you.

superman184

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Quote from: cheezcarls on January 20, 2022, 06:34:17 AM

We all know how most of us are sick and tired of Ethereum’s exorbitant and uncontrollable gas fees these days? But I wanna hear some experience from you guys. Whenever you trade, transfer an ERC20 token, swapping it on Uniswap or minting and buying an NFT on the OpenSea, etc., can you remember what is the highest gas fee you’ve ever paid?

Let’s begin with me. Mine was like almost $100 in ETH for just claiming my tokens from the bounty that took me a year of waiting. Would love for you to share your experiences as well! Thanks!

Ethereum belongs only to whales, high gas fees are meaningless to them. Similarly they move Bitcoin from one exchange to another with high gas fees. For those of us who only have a small income, then leave Ethereum for a while until gas costs return to normal. I believe there is a big plan behind Ethereum's high transaction fees. It's possible that they want other blockchains to continue to be active, such as BSC, Polygon, and others. If Ethereum fees are low, it's possible that the BSC blockchain won't be used.

K4C

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In this case i said that basically i have not paid in this time but the high price of Ges fee is Ethereum so you use etherium to withdraw your money and change your coins to other this procedure if you done in Ethereum so definitely you use a big fee.

lobo13hf

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I have ever paid a few hundreds dollar for a single transaction in ethereum network and that's horrible. I retire from using ethereum blockchain for the daily trade. This blockchain is so crazy as fuck. I will never try to do another trade again in this the most expensive blockchain in the world. Paying hundreds of bucks for the miners. The miners become rich by forcing ethereum users to pay this non sense fees. Me and my friends have been moving to the L2 and another L1 solution for ethereum. These blockchain a few hundreds times cheaper than ethereum. It's very bad to see that implementing scalability solution needs a few years.

marilynmanson21

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My last highest gas cost was 30$, at the end of last year, I rarely made transactions when the gas fee was high so many of the bounty tokens turned into ashes and are not worth now, when their gas value reaches 100$ and the value of the bounty results does not cover the fee

Johnyz

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Quote from: globalpain on January 20, 2022, 11:20:44 PM

Quote from: letyouearn on January 20, 2022, 08:20:23 PM

Ethereum gas is a total disaster, you are right... I remember some transactions where I spent around 300 USD to pay the fees. My heart was bleeding when I did that and I still woke up at night and cry silently into my pillow...

I think it's very big for transaction fees alone and things like this are indeed an obstacle,
Until now there has been no solution that is really concrete and I hope this can be resolved soon

This is the sad thing with ETH, the fees goes crazy and really out of no control until now they have no solution for this one.
I remember paying around $150 for the fees alone and actually the transaction is not that fast for this kind of fees such a big disappointment with ETH because of these big fees. Well, I still believe on ETH its just that most of the time I'm avoiding ERC20 network because of the fees, we're so lucky that we have so many options now.

Jackl87

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Quote from: cheezcarls on January 20, 2022, 06:34:17 AM

We all know how most of us are sick and tired of Ethereum’s exorbitant and uncontrollable gas fees these days? But I wanna hear some experience from you guys. Whenever you trade, transfer an ERC20 token, swapping it on Uniswap or minting and buying an NFT on the OpenSea, etc., can you remember what is the highest gas fee you’ve ever paid?

Let’s begin with me. Mine was like almost $100 in ETH for just claiming my tokens from the bounty that took me a year of waiting. Would love for you to share your experiences as well! Thanks!

I once had some LP tokens for a trading pair that i created on Uniswap locked on a farm. Somehow the developers of that farm made a mistake or something and everyone had to unstake from the old farm and then restake them at the new farm. During that time the eth fees were extremely high and i spent like 80$ per transaction there and i needed like 2 or 3 of them. So i spent like 240$ on fees in a few minutes, which is a crazy number to me as i am only a small investor. Nowadays i still have some erc 20 tokens but i wait until the fees go below 50 gwei or something before i bridge them over to BSC or Polygon even though i am not a big fan of binance.

michellee

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Quote from: ?? on ??

Quote from: cheezcarls on January 20, 2022, 06:34:17 AM

We all know how most of us are sick and tired of Ethereum’s exorbitant and uncontrollable gas fees these days? But I wanna hear some experience from you guys. Whenever you trade, transfer an ERC20 token, swapping it on Uniswap or minting and buying an NFT on the OpenSea, etc., can you remember what is the highest gas fee you’ve ever paid?

Let’s begin with me. Mine was like almost $100 in ETH for just claiming my tokens from the bounty that took me a year of waiting. Would love for you to share your experiences as well! Thanks!

my highest eth gas fee around $60 a few years ago . after that i never trade using ethereum anymore . more often I look for alternatives such as BNB or other coins. therefore I simply avoid NFT and metaverse projects that use ethereum only. Because the transaction per action is very high.

It happened to me. After paying some around $30-$45 for the eth gas fee, I leave it and not touch a project based on ethereum or claiming the airdrops because it was not worth paying a high fee while the token price is not too high if I sell at the market, even if I just hold for a long term. But I still buy tokens at the exchange because I do not have to pay any fee instead just pay the trading fee, which is not too high for me.

Using BNB to claim airdrops is not a big deal for me as the bnb gas fee is not too high. But still, I am worried if the gas fee can become bigger as eth in the future. So I decide not too often to claim the airdrop as I prefer to trade bnb pair usd/btc/token at the exchange.

jaberwock

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Quote from: cheezcarls on January 20, 2022, 06:34:17 AM

Whenever you trade, transfer an ERC20 token, swapping it on Uniswap or minting and buying an NFT on the OpenSea, etc., can you remember what is the highest gas fee you’ve ever paid?

Fortunately I have avoided all those highest network congestion times so that I guess I might have saved my network fees considerably. I am also holding few of my bounty rewards for years and he total reward may not be worth for the ETH required to spend for gas hence I just decided not to claim them but waiting for a low gas situations to convert my bounty rewards into BTC or ETH.

Quote from: nimogsm on January 20, 2022, 05:13:29 PM

Today, I practically do not use Ethereum and try to minimize work with it.Commissions are unreasonably expensive.It is very good that today there are alternatives and there is plenty to choose from.

This is what most crypto adopters will do or must be already doing. As these days we have lots of alternates to have same types of dapps, why we need to struggle with ethereum itself.

globalpain

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Quote from: letyouearn on January 20, 2022, 08:20:23 PM

Ethereum gas is a total disaster, you are right... I remember some transactions where I spent around 300 USD to pay the fees. My heart was bleeding when I did that and I still woke up at night and cry silently into my pillow...

I think it's very big for transaction fees alone and things like this are indeed an obstacle,
Until now there has been no solution that is really concrete and I hope this can be resolved soon

lizarder

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Quote from: cheezcarls on January 20, 2022, 06:34:17 AM

We all know how most of us are sick and tired of Ethereum’s exorbitant and uncontrollable gas fees these days? But I wanna hear some experience from you guys. Whenever you trade, transfer an ERC20 token, swapping it on Uniswap or minting and buying an NFT on the OpenSea, etc., can you remember what is the highest gas fee you’ve ever paid?

Let’s begin with me. Mine was like almost $100 in ETH for just claiming my tokens from the bounty that took me a year of waiting. Would love for you to share your experiences as well! Thanks!

this is the biggest problem right now, people complain about the high cost of ethereum gas, but on the one hand we see the growth of ethereum getting better and bigger, even for me personally there are quite a lot of transactions with the ethereum smart chain, but not counting in detail how much a lot has been done, it's strange to see people's response to this smart chain, but their development is getting better than before.

QueenVera

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Quote from: cheezcarls on January 20, 2022, 06:34:17 AM

We all know how most of us are sick and tired of Ethereum’s exorbitant and uncontrollable gas fees these days? But I wanna hear some experience from you guys. Whenever you trade, transfer an ERC20 token, swapping it on Uniswap or minting and buying an NFT on the OpenSea, etc., can you remember what is the highest gas fee you’ve ever paid?

I have not bought any NFTs but hopefully I will be doing that very soon, my biggest fees has been from transacting on the Ethereum network. It was me participating in ICO that I had to pay hundreds of dollars fee for buying into a coin I was not putting too much money into. I ended up paying about $110 plus for a $50 investment. At the end it was worth it because the project gave a good amount of profit and when you minus the fees I spent it was about $500 gain.

I think with Ethereum the fees does not matter much if the profit will be certain, I can understand why people pay thousands of fees for flipping NFTs, they know the chances of making those fees back are high due to the hype on NFT at the moment.

letyouearn

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Ethereum gas is a total disaster, you are right... I remember some transactions where I spent around 300 USD to pay the fees. My heart was bleeding when I did that and I still woke up at night and cry silently into my pillow...

dothebeats

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Highest is $50 for a $340 axie back in September. Back then I didn't mind the fee given that the NFT game is still on its heyday. But honestly if there were some alternatives, I would have picked those in heartbeat even if it's much more complicated to accomplish. ETH network's gas fees is a growing pain in the ass for us dealing with ERC-20 tokens. Imagine paying fees greater than your intended purchase. Chances are you're going to be bummed about it and just not push through with the sale. I do hope that they find a solution that works, as ETH is basically everything for ERC20 tokens.

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