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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: electronicash on November 20, 2020, 06:27:50 PM



Title: ETH ideal transaction fee using MEW?
Post by: electronicash on November 20, 2020, 06:27:50 PM
Code:
Warning! Error encountered during contract execution [Out of gas] 

i tried sending about $50 to someone using the browser extension of MEW on firefox. i pick the fast transaction that the MEW set for users and the gas is about $1.10, but why do i get the error " Warning! Error encountered during contract execution [Out of gas] "?

i tried slow, average and fast all transactions didn't went thru so i want to use the advance option, how much should the ideal fee to put for transaction to go?


Title: Re: ETH ideal transaction fee using MEW?
Post by: Zeehaxan on November 20, 2020, 06:35:27 PM
Please check that you have enough gas or ethereum valued at over atleast $2 above the amount you are trying to send, if you have that amount then check your gas and gwei settings in mew and adjust after checking from eth gas station which is live gas cost stats provider and transaction will go through.


Title: Re: ETH ideal transaction fee using MEW?
Post by: coinswebid on November 20, 2020, 06:49:19 PM
https://etherscan.io/gastracker

Use this tracker to find the recommended transaction fee for ethereum network and currently 86 gwei is the fastest amount to be set.If you are still facing the issue then there maybe some issues with the extension not with actual transaction.

use the link written by mr. semobo buddy
and try to use average and fast mode, remember you must have an extra ethereum in your wallet to pay the fee  ;)


Title: Re: ETH ideal transaction fee using MEW?
Post by: Paycoinzzz on November 20, 2020, 06:58:17 PM
What is the total amount of your ETH wallet? Maybe you will get confused in the transaction. In this case, if you only have $ 50 or $ 50.5 then you won't be able to send $ 50 to another wallet. The fee will be deducted from your remaining assets, not from the amount you want to send.
In addition, the Defi trend is still there and the transaction volume on the Ethereum platform is still very large, so errors with Gas are frequent.


Title: Re: ETH ideal transaction fee using MEW?
Post by: gatti on November 20, 2020, 07:01:26 PM
What is the total amount of your ETH wallet? Maybe you will get confused in the transaction. In this case, if you only have $ 50 or $ 50.5 then you won't be able to send $ 50 to another wallet. The fee will be deducted from your remaining assets, not from the amount you want to send.
In addition, the Defi trend is still there and the transaction volume on the Ethereum platform is still very large, so errors with Gas are frequent.

The traders want the full Ethereum to the other wallet, but they are failed to think about the Gas fee and all. The gas fee is applicable to the transaction of Ethereum and the token from your Mew wallet.If you don't have a Ethereum in your wallet, you can transfer the token from your wallet.


Title: Re: ETH ideal transaction fee using MEW?
Post by: aundroid on November 20, 2020, 07:09:58 PM
I usually use the ETH gas-calculator at https://ethgasstation.info/.

Alternatively, you can check the gas limit of another successful transaction and then set the same limit.


Title: Re: ETH ideal transaction fee using MEW?
Post by: pedrillo0 on November 20, 2020, 07:11:28 PM
Code:
Warning! Error encountered during contract execution [Out of gas] 

i tried sending about $50 to someone using the browser extension of MEW on firefox. i pick the fast transaction that the MEW set for users and the gas is about $1.10, but why do i get the error " Warning! Error encountered during contract execution [Out of gas] "?

i tried slow, average and fast all transactions didn't went thru so i want to use the advance option, how much should the ideal fee to put for transaction to go?

Sometimes it happens when the network is very saturated.

It is best to wait a few hours or a day.

I also lost a lot in high rates ...


Title: Re: ETH ideal transaction fee using MEW?
Post by: Em00n01 on November 20, 2020, 08:14:01 PM
I think you don't have enough gas to complete the transaction. Please try again after depositing some more $ ETH.

Also you can check latest gas price from here.
https://ethgasstation.info/ Hopefully this will work.


Title: Re: ETH ideal transaction fee using MEW?
Post by: Twentyonepaylots on November 20, 2020, 08:21:50 PM
I've been using MEW for a while now since I started trading in uniswap, I'm paying for like $2 or less in a normal transaction $100 to $200, I guess it's quite good for the fee though, but there are times that transaction is ridiculously high af, perhaps your problem has something to do with your gas, tryna max out the funds, there should be a button "max" beside the amount input, by that it'll automatically set to the max amount you can send.


Title: Re: ETH ideal transaction fee using MEW?
Post by: InwardContour on November 20, 2020, 08:50:53 PM
https://etherscan.io/gastracker

Use this tracker to find the recommended transaction fee for ethereum network and currently 86 gwei is the fastest amount to be set.If you are still facing the issue then there maybe some issues with the extension not with actual transaction.

I usually use the mentioned URL or https://ethgasstation.info to check current gas fees and then use standard fees to send. Imtoken has a way to set gwei and gas limit depending on user preference and current gas fee. I think it doesn't matter whether sending from MEW, TRUST wallet, imtoken or metamask, most important thing is using required gas fees for the transaction and there won't be delay issues. Actually I only set gwei and gas limit when the transaction is very important or urgent.


Title: Re: ETH ideal transaction fee using MEW?
Post by: Husires on November 20, 2020, 09:11:29 PM
you need to Increase your gas limit not your gas price (how much/unit of gas.) which mean  how much that total gas a transaction can use in it.
check if the transactions are in your account, do not be afraid, do not lose anything, adjust the limits, and you will be able to send easily, which is the reason for not making medium and cheap options.


Title: Re: ETH ideal transaction fee using MEW?
Post by: DoublerHunter on November 20, 2020, 09:30:04 PM
^ That is very easy, higher your gas and you will be able to transfer your $50 into the other wallet, but if this is not having an extra amount to cover the fee, it will automatically deduct to your final balance. Just check always the network condition of ethereum on this link, https://etherscan.io/chart/transactionfee. If this has heavy traffic, that is expected that you will pay a high amount of more than $1. Nevertheless, all you wanted to know was given above, probably you can now lock this topic.


Title: Re: ETH ideal transaction fee using MEW?
Post by: CuriousGeorge on November 20, 2020, 10:16:27 PM
Code:
Warning! Error encountered during contract execution [Out of gas] 

i tried sending about $50 to someone using the browser extension of MEW on firefox. i pick the fast transaction that the MEW set for users and the gas is about $1.10, but why do i get the error " Warning! Error encountered during contract execution [Out of gas] "?

i tried slow, average and fast all transactions didn't went thru so i want to use the advance option, how much should the ideal fee to put for transaction to go?
The current fees is around 55 gwei which is very small. You can see the latest tx on etherscan was using only 31 - 33 gwei but if you wanna make your tx to be delivered asap and you can put more gwei. Remember you should increase your gas limit. When you are not putting enough gas limit and it can't be executer caused by out of gas.

It looks like the problem is you are putting the gwei more than the gas limit. Increase your gas limit.


Title: Re: ETH ideal transaction fee using MEW?
Post by: Fakhrulenclix on November 20, 2020, 10:26:16 PM
The error message already explains it, [Out of gas] so you must increase your gas fee. Before making a transaction you must check the gas https://etherscan.io/gastracker, to prevent failure better use Average as gas fee and don't try to using gas below from the recommendation because so potential to fail.


Title: Re: ETH ideal transaction fee using MEW?
Post by: Kelvinid on November 20, 2020, 10:28:48 PM
Code:
Warning! Error encountered during contract execution [Out of gas] 

i tried sending about $50 to someone using the browser extension of MEW on firefox. i pick the fast transaction that the MEW set for users and the gas is about $1.10, but why do i get the error " Warning! Error encountered during contract execution [Out of gas] "?

i tried slow, average and fast all transactions didn't went thru so i want to use the advance option, how much should the ideal fee to put for transaction to go?
Sorry, but it wasn't clear to me.

But this might be the situation that happens to you.
For instance that you just have a $51 total amount in your wallet and you are sending $50 worth of ETH to the other wallet, definitely you get short as you are paying more than $1 for the gas fee.

What I could suggest is to lower the amount that you have to send, $48 with the same gas fees might possibly be okay. If the error still pops up, you may have to use another browser.  I hope this could help.


Title: Re: ETH ideal transaction fee using MEW?
Post by: tabas on November 20, 2020, 11:22:38 PM
It is requiring you more ETH. The solution for that problem is to add more Ethereum that will serve your fee. Not a surprising problem when ETH transactions are requiring a higher fee.
There's no other remedy for it but to deposit and add ETH.


Title: Re: ETH ideal transaction fee using MEW?
Post by: fadhilz123 on November 20, 2020, 11:23:37 PM
The error message happens because you are trying to send the ETH or tokens to the contract address. AFAIK, contract addresses require a higher fee compared to normal ETH transactions but you can check the fees on gas explorer websites.
Really?? how do you know that he sent it to the contract address?? He even doesn't post any address. See the error message "Warning! Error encountered during contract execution [Out of gas]", the message is clear is all about GAS

I remember once encountered a situation like this, maybe this can help. Go to Advanced Data and Gas Limit
Increase the gas limit 80K-100K I think, or You can experiment by yourself
https://i.ibb.co/8BVrNMp/Gas-limit.png (https://imgbb.com/)


Title: Re: ETH ideal transaction fee using MEW?
Post by: harizen on November 20, 2020, 11:47:59 PM
i tried sending about $50 to someone using the browser extension of MEW on firefox. i pick the fast transaction that the MEW set for users and the gas is about $1.10, but why do i get the error " Warning! Error encountered during contract execution [Out of gas] "?

The problem was already mentioned, out of gas.

Since you are looking at dollar figures, there might be something wrong with your calculation. How much ETH balance do you have so we can sort things out?

As always, you need to have an extra amount and not an exact one to make sure the process will go through.


Title: Re: ETH ideal transaction fee using MEW?
Post by: Rengga Jati on November 20, 2020, 11:53:11 PM
First, ensure that the fee is excluded from that 50$.
Second, you can always check the gas fee because sometimes it will be changing over time because of the traffic or network at that time.
Check this: https://kb.myetherwallet.com/en/transactions/what-is-nonce/

Then, pay attention also the amount of the least eth in your wallet. You cannot withdraw the funds if the amount of least eth in your wallet is not enough. If your gas fee is about $1.10, it doesn't mean that you only need $1.10. You must have the least amount to be in your wallet.
https://kb.myetherwallet.com/en/transactions/insufficient-funds/


Title: Re: ETH ideal transaction fee using MEW?
Post by: Hypnosis00 on November 20, 2020, 11:55:40 PM
Is this also happens to you in previous transactions?

There is only one reason that makes you see this error.
Out of Gas = lack of ETH inside your wallet. Double-check your wallet and must be more than the amount you want to send plus the gas fee.

Solution:
Deposit more ETH and send it back again. If the error still occurs, tried to pause for a while or restart your browser.


Title: Re: ETH ideal transaction fee using MEW?
Post by: MCobian on November 20, 2020, 11:58:42 PM
You lack gas to make transactions, one way to deposit more Ethereum. It is annoying now that Ethereum transaction fees are getting higher,
I hope the issue of high transaction fees can be resolved by the Ethereum development team. Therefore, check the gastracker before making
a transaction, so that you don't experience another transaction failure.


Title: Re: ETH ideal transaction fee using MEW?
Post by: AliMan on November 20, 2020, 11:58:54 PM
Code:
Warning! Error encountered during contract execution [Out of gas] 

i tried sending about $50 to someone using the browser extension of MEW on firefox. i pick the fast transaction that the MEW set for users and the gas is about $1.10, but why do i get the error " Warning! Error encountered during contract execution [Out of gas] "?

i tried slow, average and fast all transactions didn't went thru so i want to use the advance option, how much should the ideal fee to put for transaction to go?

It's so frustrating to see this kind of eth fee situation unlike the old days that I can send fund immediately. Right now it felt not normal, since that went so bad because we need to gas up so high in order to send coins successfully. I am hoping that erc20 network will soon correct this scenario to avoid holders pulling out from this coin as their asset and divert to other altcoins.


Title: Re: ETH ideal transaction fee using MEW?
Post by: btc-facebook on November 21, 2020, 12:59:41 AM
Try using MEW wallet on  smartphone, usually extinction or mew web wallet requires some settings, or use trust wallet,
On smartphone all settings will be automatic, and I am sure you will not find such a warning, if you encounter the same problem when using a wallet on smartphone I am sure the problem is that your funds are insufficient.


Title: Re: ETH ideal transaction fee using MEW?
Post by: bittick on November 21, 2020, 01:10:58 AM
Many has encountered this problem and if you look up in google or reddit for example you just need to increase the gas limit NOT the gas price just remember to keep some eth left for paying gas don't left nothing at all.
Or maybe if there's automatic feature to set the gas then should just use that instead, most of the time it does thing just right and don't need to complicate yourself.


Title: Re: ETH ideal transaction fee using MEW?
Post by: viananda2525 on November 21, 2020, 03:08:24 AM
Try using MEW wallet on  smartphone, usually extinction or mew web wallet requires some settings, or use trust wallet,
On smartphone all settings will be automatic, and I am sure you will not find such a warning, if you encounter the same problem when using a wallet on smartphone I am sure the problem is that your funds are insufficient.
use trust wallet was be good experience for me, so far there is no problem when i send ethereum or ethereum token using it . gas fee will automaticly set and transaction will confirmed on average speed, its not too fast or too low. ofcourse when problem occur, we need to check our balance, it will be problem source for it.



Title: Re: ETH ideal transaction fee using MEW?
Post by: L A R A on November 21, 2020, 03:29:57 AM
Code:
Warning! Error encountered during contract execution [Out of gas] 

i tried sending about $50 to someone using the browser extension of MEW on firefox. i pick the fast transaction that the MEW set for users and the gas is about $1.10, but why do i get the error " Warning! Error encountered during contract execution [Out of gas] "?

i tried slow, average and fast all transactions didn't went thru so i want to use the advance option, how much should the ideal fee to put for transaction to go?
I also often experience this when using MyEtherWallet even though I have used the correct gwei. I prefer you to use MetaMask, because it's easier than MEW, we don't need to adjust the gas


Title: Re: ETH ideal transaction fee using MEW?
Post by: electronicash on November 21, 2020, 04:03:57 AM

I never got this warning, I also always used the gas recommendation given by MEW and managed to send a token, usually a warning like that happens if the gas limit is too small, maybe you can add another gas limit, or maybe at that time Mew was experience an error

that's what i did actually. its their recommendation but the result is still out of gas error.  i have to set at least $3 for like 5100 GWEI same as the price for uniswap transaction from USDT to ETH.

a friend says to avoid this situation is to not make transaction while eth's price if rallying. there will be changes to its price and what could be the fast transaction right that very moment might not be the fastest in the next second. all in all i paid at least 8USD to finally make it. this is nothing like the previous ETH, ETH2.0 failed.


Title: Re: ETH ideal transaction fee using MEW?
Post by: nomenclatur on November 21, 2020, 04:15:13 AM
Code:
Warning! Error encountered during contract execution [Out of gas] 

i tried sending about $50 to someone using the browser extension of MEW on firefox. i pick the fast transaction that the MEW set for users and the gas is about $1.10, but why do i get the error " Warning! Error encountered during contract execution [Out of gas] "?

i tried slow, average and fast all transactions didn't went thru so i want to use the advance option, how much should the ideal fee to put for transaction to go?
I also experience things like your complaints and what you have to do right now is to download the application on google play store and try to enter your private key and try to send it all back to normal and it will definitely be sent properly you have to import in the application at mew it happened because of an error and had to load the mobile metamask.


Title: Re: ETH ideal transaction fee using MEW?
Post by: OcTradism on November 21, 2020, 04:49:55 AM
The problem is you don't have enough ETH in your wallet to pay for transaction fee. Deposit more ETH to that wallet, and you will be fine.

Check the average fee at least for your transactions ETH/ERC20 - Check and select good Gas price (https://bitcointalk.org/index.php?topic=5261480.msg54771880#msg54771880)

Just in case, the topic can help you later: [GUIDE] How to cancel or replace an ETH transaction (Metamask, MEW, MyCrypto) (https://bitcointalk.org/index.php?topic=5277890.msg55253979#msg55253979)


Title: Re: ETH ideal transaction fee using MEW?
Post by: Warkop on November 21, 2020, 06:42:49 AM
Mistakes in transactions Eth always impose lower gas prices or choose standard gas for confirmation, so block transactions are not stable to be confirmed, so in my opinion if you want to be confirmed quickly, you should first check fuel costs with https://ethgasstation.info/ so you can see how much it will cost to quickly confirm by the miner so you don't have to wait long.


Title: Re: ETH ideal transaction fee using MEW?
Post by: Bitum on November 21, 2020, 11:16:01 AM
https://etherscan.io/gastracker

Use this tracker to find the recommended transaction fee for ethereum network and currently 86 gwei is the fastest amount to be set.If you are still facing the issue then there maybe some issues with the extension not with actual transaction.

I usually use the mentioned URL or https://ethgasstation.info to check current gas fees and then use standard fees to send. Imtoken has a way to set gwei and gas limit depending on user preference and current gas fee. I think it doesn't matter whether sending from MEW, TRUST wallet, imtoken or metamask, most important thing is using required gas fees for the transaction and there won't be delay issues. Actually I only set gwei and gas limit when the transaction is very important or urgent.

I use Ethereum Gas Price Extension for chrom, but it is also available for other browsers, very compact, fast and convenient


Title: Re: ETH ideal transaction fee using MEW?
Post by: SirLancelot on November 21, 2020, 01:51:26 PM
The error message happens because you are trying to send the ETH or tokens to the contract address. AFAIK, contract addresses require a higher fee compared to normal ETH transactions but you can check the fees on gas explorer websites.
Transaction cost is indeed becoming a problem on the ethereum network and hence I stopped doing transaction in ETH recently and started to use XRP as the main currency for small transactions. ETH as a cryptocurrency is amazing no doubt but I am afraid if the current fees problems are not solved soon small scale traders and transactions might dry up very soon.

I always used ETH as an alternative for BTC because it was fast and required low fees but both the features are not suitable right days.


Title: Re: ETH ideal transaction fee using MEW?
Post by: reza7777 on November 21, 2020, 02:13:34 PM
Have you confirmed that you have enough gas in your wallet? because if there is insufficient gas there will be an error like that, I experienced it before when I didn't really know about gas prices, at that time my friend told me to check https://ethgasstation.info/ before sending tokens


Title: Re: ETH ideal transaction fee using MEW?
Post by: Rehmanchoudhary5 on November 21, 2020, 02:26:22 PM
I simply used Trust wallet because whenever I tried to use MEW or metamask and tried to edit fees I usually ended up in a headache.


Title: Re: ETH ideal transaction fee using MEW?
Post by: TWW on November 21, 2020, 02:34:05 PM
Have you confirmed that you have enough gas in your wallet? because if there is insufficient gas there will be an error like that, I experienced it before when I didn't really know about gas prices, at that time my friend told me to check https://ethgasstation.info/ before sending tokens
sometimes I also forget to set again for Gas fees on NEW transactions. maybe there was an error or I could have used a higher cost because I forgot to replace it. because seeing ethereum there has also been an obstacle that makes transaction fees so increased that it even touches $ 4 more for each ethereum network transaction. of course sometimes people will forget to replace it.


Title: Re: ETH ideal transaction fee using MEW?
Post by: asus09 on November 21, 2020, 04:21:48 PM
I think you use lower fees transaction for sending your coin, need above $1 fee if you want to get your transaction sending is success, its not matter with how much coin send to other wallet but depend with gas transaction rule, when checking ethgass and get above normal and fast transaction above 100 you need get more than 0.003 eth as payment fees transaction, I think right now fast transaction on 131 and you need more than 0.003 if you sent coin and take more than $2 for one time sending, I use mew and always get information fees for sending by checking ethgassinfo, how much eth needed to send coin to other wallet, if ethgass get higher fee I am waiting early morning to get lower fees transaction than other time.


Title: Re: ETH ideal transaction fee using MEW?
Post by: Oneandpure on November 22, 2020, 05:29:36 PM
For an etherium transaction to be successful, it is better to set the fees manually by first looking at the site ethgasstation and taking a cue from there is the best solution
Yes, the solution is like that, but if someone doesn't want to bother because they are afraid of failing transactions via the Ethereum platform, then just let the wallet system determine the fees automatically, so the transaction will clearly not fail.
We can sent depend with fees transaction setting on myetherwallet without checking on ethgasstation first because myetherwallet will get the same fee depend with ethgasstation, maybe the user have change to get lower fee transaction although right now we need more than 0.0004 eth for one transaction. He try to get little fees during right now have to use higher fees for transaction, better if you wanna sent your coin waiting for payment fees transaction back normal with lower price and you only need 0.001 is enough for sending, but you have waiting for awhile because almost one month gass eth transaction always up.


Title: Re: ETH ideal transaction fee using MEW?
Post by: arteis406 on November 30, 2020, 12:43:09 AM
I hope what you say is true, because the current cost is very expensive and sometimes it can be up to $ 5-10 just to send 1 transaction, sometimes I think twice about sending a cheap coin, because it will run out of costs

That's right, if you look at the days when bitcoin and altcoin went down, the cost of GAS reached 500 GWEI. so I couldn't make the transaction because the fees were over $ 42.


Title: Re: ETH ideal transaction fee using MEW?
Post by: nrvasquez on November 30, 2020, 12:56:26 AM
I hope what you say is true, because the current cost is very expensive and sometimes it can be up to $ 5-10 just to send 1 transaction, sometimes I think twice about sending a cheap coin, because it will run out of costs
I read an article a few weeks ago that ethereum 2.0 will solve some important issues that are currently giving users a hard time, and one of them is the gas fee issue. I also believe that ethereum 2.0 is capable of making a significant difference because they have better structures and protocols


Title: Re: ETH ideal transaction fee using MEW?
Post by: bussybuddy on November 30, 2020, 02:02:26 AM
It also depends on fee gas and you can check it here: https://etherscan.io/gastracker
When using metamask I always set up everything to trade at normal speed and I realize that it doesn't take too long and the fees are not too expensive (always under 1 $).


Title: Re: ETH ideal transaction fee using MEW?
Post by: marilynmanson21 on November 30, 2020, 02:25:45 AM
It also depends on fee gas and you can check it here: https://etherscan.io/gastracker
When using metamask I always set up everything to trade at normal speed and I realize that it doesn't take too long and the fees are not too expensive (always under 1 $).
Normal speeds are usually not more than 2 minutes, usually under 1 USD, but if the ETH network is congested, ETH transaction fees can be very expensive, for normal speeds it reaches 3 USD for a single transaction and if you want to be fast, at least prepare a transaction fee of 7 USD to 10 USD.


Title: Re: ETH ideal transaction fee using MEW?
Post by: NoG-NoG on November 30, 2020, 04:24:35 AM
Code:
Warning! Error encountered during contract execution [Out of gas] 

i tried sending about $50 to someone using the browser extension of MEW on firefox. i pick the fast transaction that the MEW set for users and the gas is about $1.10, but why do i get the error " Warning! Error encountered during contract execution [Out of gas] "?

i tried slow, average and fast all transactions didn't went thru so i want to use the advance option, how much should the ideal fee to put for transaction to go?
I think its not about how fast the transaction method and the price of the gas is but maybe it is because there is just an error while you are having a transaction. There are times that this error happen to me while having a transfer transaction as well what I did is I do another transaction and it works afterwards. In addition, the ideal transaction fee in MEW is less than a dollar.


Title: Re: ETH ideal transaction fee using MEW?
Post by: Banulit on November 30, 2020, 05:06:24 AM
The price of the gas fee in myetherwallet varies from time to time so there is no really a fixed price but if you wanted to atleast make a transaction even if it will be slow then the ideal fee is lesser than a dollar. However, if you wanted to make your transaction fast then it will really costs you higher than a dollar sometimes ranging from 3 usd up to 10 usd.


Title: Re: ETH ideal transaction fee using MEW?
Post by: trauchot on November 30, 2020, 09:24:24 AM
Unfortunately, the gas prices of transactions on the Ethereum blockchain are constantly changing and at any time a different amount of ETH is needed to make a transaction and therefore you should always check various websites where the gas prices are shown at the moment in order to set the correct gas price and so that your transactions will be successful.


Title: Re: ETH ideal transaction fee using MEW?
Post by: arteis406 on November 30, 2020, 11:08:21 PM
There is no ideal Ethereum fees, because Ethereum Fees are always unstable,
this makes Ethereum users if they want to transfer they have to check the gas station first, https://ethgasstation.info/,
if GWEI is getting bigger then the fees are also getting bigger, currently low The Gwei is at 30, pretty cheap

yes, I always check before making a transaction. but if I want to do a SWAP on uniswap and the price soars I will do it right away even though the cost of GAS is expensive. so, I can cover the cost of GAS from this profit