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Just wanna share this with you guys...maybe...just maybe it will help calm my nerves down

I found what i consider a gem today, so i was in a hurry to buy some before more people discover it and the price begins to go up, being an erc-20 token and only listed on uniswap and 1inch, i needed eth and i had zero eth on my wallet, fortunately, i had about $163 usd in my local bank account so i immediately took out $150 usd to buy some eth, after successfully buying eth from a centralized exchange, i quickly withdrew it to my trust wallet, the exchange took about $22 usd for Ethereum transfer fees so i was left with about $128 usd when the eth hit my trust wallet.

i quickly headed to uniswap to purchase my precious new found ticket to the moon, with my $128 usd in eth, i could have easily purchase about 2000 of the tokens but due to eth high fees, i brought it down to 1000 tokens so as to enable have some eth left for fees but surprisingly, when i clicked on swap, i was told that i don't have enough eth to cover the transaction fees, how much was the fees??? behold ! $87 usd, i was shocked, i didn't want to buy less than 1000 tokens so i decided to adjust the fees, after adjusting, i was able to bring the fee down to $42 usd, i was warned that my transaction might take a very long time before confirmation o might even be cancelled, i took my shot and clicked the submit button.

so the wait began ...

1 hour -- i was still waiting for a confirmation

3 hours -- i was still waiting for a confirmation

4 hours -- i was still waiting

5th hour came and some where in the middle of it, i got a notification from trust wallet that my transaction has been confirmed... i was happy, i quickly rushed to etherscan to view the transaction. lo and behold,, the transaction was confirmed but the token purchase didn't pull through, it returned an error saying like purchase wasn't successful due to low gas shit shit shit...WHAT THE F...KING HELL .. my $42 usd gone just like that ??????????? i was so fucking mad, in fact, if i knew where vitalik was, i would have called security men to have him arrested, i was devastated, i felt like crying, i was so mad at my wife and kid like its their fault,...it wasn't funny, out of $128 usd, i had just $86 usd left, i couldn't buy my precious ticket to the moon no more, its really a bad day for me today, i lost $150 usd just like that, that was all i had left in my local bank account, and now its gone all because of Ethereum high fees.

Vitalik has nothing to do here.
Getting mad at the family was obviously sign of out of control

It's none of their fault but yours unfortunately. You did not do your due diligence and did not calculated the fees you will need in all these transactions you were going to do.

Anyway, here is the bright side - maybe this moon coin will have heavy dump, maybe 200%+ dump and you would losing all your investment. It happened with most of us in the past. Not all coins are going to the moon, it's just an emotional response. Good thing that you have $86 in your pocket :-D

  

Why would you blame Vitalik for the wrong choices you made and your inability to know what the current ETH gas prices are?

There are basically so many tools you can use to estimate the gas price before you even decide you move or trade your assets such as https://ethgasstation.info/

Look at the current gas price for the traders. It's so high, even an insane person wouldn't think about trading right now

https://talkimg.com/images/2023/05/14/blob34eebe11e8b4f282.png

ETH is at ATH and with that the high gas prices come. I'm sorry for you but it is like that now. The ETH 2.0 should solve that problem. If you really want to transfer funds try use other coins not eth based so you have lower fees.

Dude. You have problems.
How did it suddenly became your wife and kids fault?

There's a chance you made the error yourself.
Have you checked the transaction again?
It may be because of too much thrill to buy the token that cloud your decision.
But again, you should go see a doctor first. You play the blame game like a crazy dude.

Token transfers are really a problem right now. Lots of ERC20 token-based projects are dealing with high fees right now and they don't have a choice. That's why other projects are looking for a possible internal transfer instead that might be a good solution compare to hugging the current fees. Should be solved once ETH 2.0 100% deployed.

What's the difference between choosing $42 to $87 fees in terms of average confirmation time? If not that much you should accept that $ 87 fee if you really believed that gem of yours will give you an excellent ROI in the near future.

Supposedly the transaction should be push through even you used low gas but unfortunately, that didn't happen so I understand your situation (but not on the part that you will be angry with your wife and kid). Get up man and move on. Try to always become positive even there's a worst happen to you.

its really sad because have been there before. day by day it really getting out of hand and some people are already thinking of an alternative like a low transaction fee chain. for now i am off trading of coins that requires very huge transaction fee.

I understand you mate, recently I transferred my coin to an exchange which I will earn a hundred dollar only and guess what, I need to pay 9$ for the gas, we need to understand that during these days when eth is at high price and continues to pump the transfer fee or the gas is too much and network is very congested. if you really need to send that coin you need to endure that, but if you don't and you believe that coin will continue to pump soon so wait for it.

ETH problem often faced by many people is the high gas fee price. My advice is to increase the gas 2 times than usual but with the consequences of high gas fees. so that transactions can be immediately confirmed properly and run quickly

You never know this could be a blessing in disguise, what if the coin you thought was going to the moon crashes instead? In that case the expensive transaction fees of ethereum would have saved you a few dollars.

I know you are mad but this happens all the time with ethereum, it seems altcoins are once again gaining momentum and when that happens the fees of ethereum get really expensive, I think this is the second thread that I have seen today complaining about the fees and there is no way around it except to pay more for the fees or wait until the fees are cheaper and by the time that happens most likely you would have lost the opportunity to buy the coin you wanted for the price you would have liked.

ETH is very pathetic right now...
sending tokens with a very large gas fee has been a pain for users in the last few weeks since the price of ETH has continued to rise. if the price of ETH continues to increase, it is likely that ETH users will experience even more difficult things.

Be always responsible for what you invest and that fee was key to that as well, you don't have to be mad at your family over that, think at least for a minute whose fault it in the first place. First, you knew the fees were that high yet you still carry the risk to get it done just have your fvking speculative token that you don't even know it's worth it to make you a millionaire just holding it. Second, you better have waited until it goes on your favorite centralized exchange and transacts it with other tokens that have low transaction fees.

Third, You haven't done an arbitraging method here, since you said it was listed on 1inch too, and have you ever think if it has a lower fee on 1inch compared to that on uniswap? Lastly, I'm sure there's a community behind the gem you're talking to here, and have you ever ask the community of that project if what are the ways you can avoid such huge fees on these decentralized exchanges? You let your emotion eats you when you have to many  options to take and what's worst you let others be part of all your faults.

I couldn't agree more. Looks like OP recently just discovered his so called gem that he needs to buy to be Trade so he did everything he can do to push everything forward but didn't succeed and put the blame on Ethereum instead. Ethereum has nothing to do if you only have a hundred bucks in your bank account to be used in gas fees and buying your gem coin, so it is clearly your fault for not providing enough funds to your self satisfaction by buying your "gem"

Next time, be prepared, and always act early to avoid rushing things up because it will do no good to you.

I definitely understand your frustation  ;D. The reason why I keep on waiting and waiting for the fee to atleast calm down and chill but few weeks went through and the fee goes up even more higher instead like are you kidding me?

This stupidity with high fee need to stop for real, if there's any solution to move erc20 tokens without interacting with ethereum blockchain then I'm gonna all in but that's just a dream.

but you need to sort out your behavior lashing out your uncontrolled anger at someone innocent.

That is why I don't want to use dex right now. I don't want to pay a higher gas fee, and I prefer to stick to cex. I am sorry for your loss, and you can't do anything except accepting that. It is a lesson for you, and there is some lesson that you must remember. You need to make sure to check the fee before you make a transaction, don't make a rush action if you are not sure or need to research more.

Uniswap can make you rich, and Uniswap can make you lose money because of the gas fee. So be careful.

I felt sorry for yah, man. But I never thought you aren't aware that the fees of eth right now are quite high and aren't resolve until now. Price of eth are still booming and that makes it more  the reason to increase the fees to process your transactions. You've been into this crypto space for quite so long and I expect you to know these true facts about fees being increased, too.
 
 Our anger emotions are natural to come out when you do not achieve what you want. Disappointments, regrets, efforts wasted. All of that which I understand. Revealing your feelings here hopefully took down your bad temper, your kids and your wife actually do not involve in your own created dilemna.
 
 What you should do? MOVE ON.
 
 We all have different bad experience to tell but time will always heal the lose feeling if we do some acceptance and make another good decisions.

^ Lol, dont cry dude, that is only a hundred dollars you have lost and besides, you will learn this mistake and try not to repeat again in the future. Unfortunately, that was your fault though not by them or even the creator of ETH, because you did not know how this works and dont know how to calculate the fee. Of course, the exchange will cut some fees of your money were sent as a transaction. ETH and BTC fees now are relatively almost the same, if this your concern, try to look at other altcoins that have a low fee than ETH.

Uniswap is really getting useless for retailers due to the very high Ethereum network fees(which is of course out of uniswap control for the most part), and because of that huge network traffic yesterday there were many people that have similar issues such as stuck(unconfirmed) or failed transactions.

Either one of these two things should happen so that Ethereum network fees and traffic get back to normal or at least a sustainable level:

1. Uniswap and similar platforms trading volume decrease to a lower level.(which I personally don't see that happening anytime soon)

2. Ethereum 2.0 finally get released, which is expected to have significantly lower fees.

You should have Pushed this because he's the one who must be Blame on this part.
I have Felt your Angry above , i also sympathized on you but when i read this ? i find Stupidity on you and wish that it was good that this happened to you because of your attitude , instead of making them as your " REAL GEM" yet blaming them is too foolish move.
Since you have no funds to buy that Precious Gem, Mind sharing that to us ?

That's the thing. Right now the fees are disgusting and the highest I have seen. What's worse is that there is so much fluctuation in gas fees that if you don't go for the fast transaction you could risk losing all your fee with not token being bought. Just like your situation. Unfortunately, this is the pain that many experience not just you.

DEX exchanges are very disadvantageous nowadays, as transaction fees on the ethereum network are very expensive. yesterday I was planning to buy tokens at Uniswap, but when I saw the gas fee I had to pay, I was surprised that the amount exceeded my estimate of $50. it was very expensive and I decided against it. it is better to temporarily leave DEX, until fee gas can be cheaper

Unfortunately, the situation around ETH fees is very alarming. As far as your situation is concerned, you needed to be more careful. I mean, you had to initially calculate the amount that will go to the commission and only then make this decision. I know that many do not pay attention to this and then spend a lot of money on commission. What can be done? I believe that now we can only wait and soon we will see a decrease in fees on the ETH network.

If everything is not changing, I am afraid that the fees will still be too high, and it could increase more as people still want to trade on that platforms. It does not make sense to pay the high fees for trading in a small amount. Maybe he can move to the other platforms, such as using Binance to trade, so I think he can reduce the fees. But if he does not have the other money, maybe he needs to work from other sources because life still continues.

When or if Ethereum gets to 5000$ it will be near impossible to do any transaction using Ethereum network, I hope the EIP1559 commence very soon, high gas fee will completely ruin the whole fun , if things continue like this many will abandon Ethereum network for another

I feel you bro, this ethereum transaction fee is really insane. I also tried to move my tokens to the exchange setting a low gas because I'm short.. unexpectedly the transaction was failed but they took the gas fee..I don't understand. Well there is nothing we can do bro just relax, don't cry, move on, the gas will down soon.

when ethereum prices have started to rise very high, usually the price of gas fees will also go up. it has become commonplace for me.
if you want to transact better use another coin which costs lower gas fees. for example like tron. TRX is one of the coins that has a low fee and is easy to use

yeap, I understand perfectly Well that vitalik has nothing to do with this, and I also understand that its not in any way, my family's fault, it was all because of how I felt,

Sorry but there's no bright side to look at mate, if we were all the always consider this things or even think about them, no one would want to invest in any coin or token, let's face the fact, Ethereum is pretty messed up with fees and I've personally sworn never to transact in Ethereum again, not until the issue with high fees is fixed.

In fact, we don't even have an alternative, the high commission is due to the high price per coin. Any existing platform expects the same scenario. Binance, Waves, EOS. We need a blockchain with a stablecoin to make gas charges affordable.

$ 42 is a very small price to pay for a good experience. When the gas price is above 200 gwei, then all purchases of tokens on the uniswap are not profitable for $ 200-300, if you do not wait for x3 and higher.
The amount of the commission can be changed, here I wrote a universal method for canceling or increasing the commission for transactions on the Ethereum network
https://bitcointalk.org/index.php?topic=5315007

The gas fee has been crazy the past days and it's a pity that an average person can no longer enjoy Ethereum network due to their congestion bulls**t and it's annoying.
I had the same scenario when I wanted to swap corx token some days back when I saw price surge in the token. Since Uniswap is more easier to trade without involving any withdrawal fee, I decided to give them a try but i didn't know I had to run two transfer to be successful in that particular trade.

• The first transaction was approval that took almost half of my remaining ETH balance
• The swap fee which was 3x of my initial transaction. At the end, I couldn't proceed with the transaction.

I had to send my tokens to centralized exchange which was painful

It does happen especially in the days of high volumes, high transactions and network congestion. I have also faced failed transactions in the past but to be honest mostly it was due to my own mistake like setting lower gas or gwei or not adding any amount etc so you also need to stay calm and analyse your mistake so that it does not happen again.
As far as eth congestion is concerned it appears that this problem will continue untill we are transferred onto eth 2.0 chain so for that we have to wait few more months. I hope this wait will be worthwhile in the end.

yes, the gas fee really high, and if the fee is going to high and high day by day, i think a lot of people will back to cex
i also stopped to use dex at this moment mate, i hope there will be a solutions about the high fees on ethereum network

Sorry to hear that OP. On one hand you can check the fee before deciding to transact but on the other if the system allows you to adjust the fee and you made it about half of what was required the transaction should still be processed instead of being cancelled. That's strange that it took your money without eventually going through, especially with the fee paid by you being already high. Maybe if you paid 1% of the suggested fee, but you paid 50.


They'd probably charge you more than the ETH fee :D
Ask him on twitter to pay the fee for you because his invention made you poor.

I feel you when I swap my token in uni swap the first action is to approve it goes through after clicking the confirm swap the transactions did not go through because the gas fee is high. I lost my $40 fees using this ethereum network just to sell a coin but the network is failed. You're not the only one who experience the same scenario of failed transactions because of this ethereum network I hope the team of ethereum will do something to lessen the fee. But these days since the price of eth is high the fee everyday is also increasing and expensive.

I just paid $150 worth of fees to the ethereum network recently just to exchange 1k USDT to another coin on uniswap. Ethereum chain looks so crazy this day. Im thinking to retire from using ethereum chain but I can't do that because most of the assets were using ethereum as its parent chain.
Do you know that miners were getting a lot of fees from ethereum chain? That's why miners were not agreed with the EIP1599 proposal to fix the ethereum fees.
Im so mad with ethereum chain especially with miners.  >:(

Pull yourself together, buddy. we know that at this time the Fee's price was very high, and very many things were suspended because of it. however, the best way now is to wait for GAS to decline first. besides that, I also have the same story, when I sent a token from Myetherwallet to another wallet, the transaction I made failed, but my eth was still reduced, which made me angry.
however, it's just a matter of lack of preparation that we have. I know that you want to take the opportunity to make a big profit, but try to do it in a hurry, and pay attention to what needs to be done so that something like this doesn't happen again.

And yet the volume is still high, and the price is still good and in fact, moving upwards, with the current price of gas, whales are the ones making a lot of transaction here, you cannot trade your $100 and you get $20 worth of fee it's not logical, it's either you will sit it out and wait for the right time or lose because of the gas, I have a lot of altcoins sitting here because of the enormous fee.

Trading using Ethereum is really expensive these days, that's why a lot saying IT MUST better to always follow the advisable/recommended gas fee. It will now a lesson for everybody, thanks to OP for sharing it here, some people will start to consider this on their future trades on Uniswap or other DEX under Ethereum.

For Ethereum, this is one of the biggest challenges for them, very high transaction fees. That's why there are some altcoins started to solve this (e.g. Solana) , especially transaction fees on DEX, honestly, DEX is one of the best features I saw on Ethereum but there is still a problem.

The fee is crazy indeed as I've observed the fee could varies in such ridiculous range, this block you see median of 100 gwei per gas next block you see 200 gwei per gas, if that's not insane then I wonder what it is.
The developers of token should also try to search for another smart contract platform just to distribute the traffic otherwise it's gonna stay like this for another year, the sharding which supposed to take care of the fee also not really helping isn't it?

Sharding is not yet implemented and how can you sure if that's not helping the platform and users? There's a solution that already introduced by the developers but the problem is any ethereum improvement proposal must have passed so many audits and approval from the community (miners).
That makes the solution takes a very long time to be implemented.
I don't like waste a lot of my funds just to pay the greedy miners.

you have 163 usd at the start in your bank and then you withdrew 150 usd and you left with 86 usd . you didnt lost your 150 usd then but you only lost 77 usd and that was because of the fees . dont put the blame all to eth but uniswap also has its piece or cut on the problem because it charge you ridiculous fee than the exchange that you used earlier .

this all would have been bad when you witness that the coin that your trying to purchase are increasing and going to the moon .

Ain't helping at all. This fee is killing everything, they needed to work it out both ends, the developers if this continue shoul find another way or alternative to lessen this fees using another chain.

I wonder how many newbies will react like this after finding out how much the fees that they needed to shoulder in order to deal with investing t oany smart contact based projects.

The conclusions is between the developers and the team.

Arrested?? You feel devastated?? Only 42$?? There are some people who are paying more than that price just to transfer their tokens.

Before transferring, at least  you should know the basics of it. You just transferred without knowing that if your transaction fails, the gas fees will be gone forever. Ignorance leads to this kind of posts. Nobody cares about the fees you spend since there are a lot more who are spending higher than that. If you can't take the fees of ETH then better find another coin or don't use ETH or any ERC20 tokens at all.

Ignorant.

The decision will be decided by the community itself. As far as i know so many preparation to launch the solution for this problem. It will not help a lot. You don't know about when the fees will be going down.
it is still increasing to the moon.
I would love to see ethereum chain will be going back again to the time before the pump was happening.
Miners were farming the money from the transaction fees. I have cancelled all of my intention to swap my tokens on uniswap. $50 for each tx on uniswap.
10 txs meant $500 just only for the fees. WTH this garbage chain getting clogged anytime.

Learn to control yourself and your temper especially when your family is around because it will only take a sec for you to react harshly at them when it is obvious you are the one at fault, even if you hurt them in the process, you will still be the one to pay the hospital bills.
Nevertheless, the Ethereum gas fees is getting out of hand, and it is not funny anymore, people now misses out on their proposed gem of a token just because of high fees, most times you might even end up paying more for gas fees than actually buying the token you intend to buy. Also, this issue of high fees is now driving people and developers to other potential network like that of Binance smart chain which charges very little fee. Currently, there is nothing you can do than either spending the fee to get the token or just walking away, we just hope a solution is found soon before more investors and developers leaves the Ethereum blockchain.

I am sorry for the loss.

After I heard from my friends that the gas fee increases so high at Uniswap, I decide not to trade on that exchange because I do not think that I will have a chance to profit. I prefer to use the usual exchange, and I see that it is enough to trade on that site instead of following what other people did. You have a big lesson here, and next time if you want to trade on Uniswap or the other dex, you should calculate the gas fees, so this thing will not happen again in the future.

Can you feel it? when you have paid $77 just for the transaction fees and then your transaction failed. You have been wasting your $77 for nothing. Imagine how much pizza that you can bought it with such amounts.
It's normal when there are people will be blaming ethereum chain as everything become non sense right now.

Now I'm stuck with some tokens in my Ethereum wallet that I can't sell because of the high gas fee, this needs to stop or else the bull market won't make any sense and only the whales or big investors will benefits out of the price surge, now gas fee is over 20$

If any centralized exchange takes that much fee for withdrawals , than it's better to buy other coins which have less fee and convert that coins into Ethereum by using any famous converter. But i personally use FTX where withdrawals fee are zero which is the best advantage for low crypto hodlers to transfer any crypto from exchange into personal wallet.


Ethereum gas fee is so much high that some users make meme of it like , Ethereum gas fee will hit 2000 before ethereum hit $2000. We can't do with this as ETH2.0 is just started and we need to wait until 2022 or maybe more for a lower gas fees into ethereum network as sharding is needed to implement properly on the main chain.

The real problem of Ethereum right now, HIGH GAS FEES!!!!!! I think this is what they should tackle more. Yes we are all happy that ETH goes for another ATH but what the hell right??! Its gas fees also reach its highs!!! Volumes are doing good tho for ETH (https://trade.kucoin.com/ETH-BTC). Thats all we are crying about, the high fees.

This is the main reason why using a DEX right now is a bad idea, eth is mooning now and every transaction cost x100 of what it used to be back then, with the price of Eth this high I don't think it's a good time to make any trade on DEX that will require eth for it to go through, really sorry about that but next time check Ether gas station (https://ethgasstation.info/) before thinking of doing any transaction that will involve eth for fees.

Its relay bad situation for any investor.I am practically face this problem.so i think it was a low gas fee eth price raise day by day and transaction fee  increasing more and more its relay very bad experience for all of us.   

Of course I know the gas problem didn't start recently, and of course I saw the actual fee I was supposed to pay to enable the new work confirm my transaction on time but like I said in my post, I twerked the fee so as the bring it down a bit, which is the mistake of my life,  $42 usd is a lot of money in my country, Infact Its a monthly salary for some worker.
But this is all my fault and mistake I understand, cus the token I wanted to buy is actually listed on a centralized exchange, I would have easily deposited my eth to the exchange and buy from there, but ever since uniswap came out, I've been avoiding centralized exchanges cus I don't like paying fee to withdraw my tokens after buying, but this have taught me a great lesson.

Eth gas fees are getting worst day by day.
I don’t know why it haven’t  be fixed yet.
It is hampering everyone. Most of the low earners can't even withdraw their profits because of the fee.
I think it should be fixed as early as possible.
Things are getting worst in this bull market.
Some people are getting richer and some are facing problems.

Don't worry about it. This is a part of cryptocurrencies. It fluctuates, so don't think too much about it. I personally use FTX where withdrawals fee is zero which is the best advantage for low crypto holders to transfer any crypto from the exchange into the personal wallet.

I am very sad to hear the news about the losses you have experienced. but as has been the problem of Eth itself, namely the large transaction costs that have occurred so far. Moreover, the purchases you make from a bank account will add to the costs you incur. make this a valuable experience for you and for us all

Always remember to check the network and the gas fee when you are about to make a transfer, just check ethgasstation and set your gas fee to the average at that time, or if you think it's too expensive then you can wait. This has been a problem everytime the network congested / eth hit all time high. Even right now sending eth will cost you $4-5 per transaction and ofcourse other token will cost more than that. I hope they will find a way to solve this because as it's right now then it's not suitable for mass adoption.

Bad thing if you use uniswap when trading and during swap your coin if failed you loss your fund eth fees as transaction, they don't care with your transaction failed and you need to deposit eth again if you wanna sell coin on uniswap, this my reason why never use uniswap as my exchange because now take more than $160 as payment fees only and you will need much profit if wanna buy or sell coin on uniswap.

now it seems that Gwei is a big enough problem for us as bounty participants, moreover, some bounties even have to postpone the distribution of tokens to participants just because the transaction fees are quite expensive right now, and in my opinion maybe Gwei will come back down after the launch of ethereum 2.0 is launched later because from several articles that I have read, it says that one of the benefits of eth 2.0 is to reduce the Gwei costs that occur on every transaction using the ethereum platform.

I would prefer to use centralized exchange to buy or sell your favorite altcoins. We are tired of this transaction fee of Ethereum. You are very lucky that the transaction didn't fail. I faced that problem too, but the transaction fee was average. That's the reason we need more blockchain to minimize the transaction cost. In Especially Tron blockchain transaction cost is very low, even faster than Ethereum TPS.

This will not solve the problem, if Tron is worth $ 1,700 then the fees will be similar. The only thing that can fix the situation is to lower the price of Ethereum.

Tron to $ 1700? hey TRX won't go that far, TRX has a high supply and more than Ethereum 100x more mate, you have to be able to tell the difference,
if you compare the transaction fees of Tron and Ethereum it's obviously very cheap TRON, and I'm sure Tron will be better than ethereum ,
I also always feel angry because Gwei Ethereum is always expensive.

I believe that OP isn't new to this, so he is aware of the fees but the situation got burn out and it needs more fees to confirm the transactions which are probably become unnoticed.
What happens is really disappointing but we can't blame others even Vitalik because the fees are not manipulated nor it was controlled by someone else. At this time while the fees are growing high so fast, my advice is to set the fee to its suggested price. This is I usually do to avoid such error or cancellation.

This is what means never too excited and never expect too much , You should have checked first the Fees before processing like this because it's been in the whole market and forum about the SUPER HIGH Fees of Bitcoin and Ethereum yet you just ignore the fact and go on your GEM Hunting.

Now that you failed then Blaming even your Family? F@ck Off ,Losers like you deserves this failure.
I think I'll do the Same , Ignoring this Author for the time Being.

Ohh bad luck for you. But anyone cant do any help regarding this issue. Eth gas fee is very high these days. And when we want to swap tokens from like uniswap or like this others, gas fee becomes too high. I just suggest that don take risks on adjusting low gas because some times it will give you loose. So better is find any other platform to buy or wait for good time.

No, the problem here is the gas fee of Ethereum right now, it is so expensive that you will not make any money specially if you have small tokens to swap to. I have experience that, I wanted to swap and make money of my tokens of $200, but in order to do that I have to pay $500 gas fee which is not right. So I don't have a choice but to wait out. Only thing that goes for me is that if the price moon and then the gas fee goes down.

Sometimes when you are frustrated when things are not going your way you tend to snap at those who have nothing to do with your situation (unknowingly Sometimes)
However it is not an excuse, it is always good if we can try to keep out temper cool even in the worst situation (especially from those who have nothing to do with the situation) @op was frustrated at the situation  - anyone can be in that state too,  the situation with gas is getting to almost everyone slowly  :D

I have stopped using Ethereum for almost one year, since fees risen dramatically and made no sense to keep using this network. I am using Tron whenever possible and have abandoned Ethereum completely. It doesn't make sense to use a network and having to pay 10-100$ fees. If this is what they want then they can keep the DeFi Bitcoin whales and their WBTC, most of us won't ever support Ethereum again.

I am not sure if you have told which gem coin you wanted to buy in fomo ? I don't like your approach to buy a coin as if there is no tomorrow.

Eth gas fee is high but for the millionaires who are using it, it does not matter. Uniswap fee is too much for an ordinary investor. Even i do not buy coins these days which are only on uniswap even i know they may have big scope in future. I hope with eth 2.0, the fee will be reduced.

Totally agree with you, at this point I prefer to trade on a centralized exchange, rather than trading on Uniswap, because i  also spent a fee of around $ 50 USD for trades less than $ 200 USD. Although by trading on Uniswap sometimes we can get quite interesting Airdrops. but still the high fees reduce my interest to trading there

Increasing transaction fee is really the worst thing in Ethereum and until eth 2 is arrived, there seems to be no solution to it.
Sending erc20 tokens are much more expensive than sending eth.

With the increase in the price of ETH, the cost of a transaction in this network is already extremely acute, because I, for example, from the moment the price of ETH rises above $ 1300, I no longer trade on DEX exchanges, the commission is already more than $ 30, this is expensive for me, I do not know when this will change, and I really do not like it, I am limited in trading due to high commissions. Now I have found a DEX exchange on a competitor's blockchain and I trade there. :-\

I understand this incident, but it's pure that it is not the fault of your child, your wife or Vitalik. it has nothing to do with your case. but when it comes to withdrawal fees on the Uniswap platform, I admit it is quite crazy. Even I personally can't do much with my coins listed on the Uniswap platform because I won't make any profit if I exchange them for expensive gas, just watching this madness.

I feel sorry to what you have experienced but believe me, you're not the only one who experienced that kind of scenario as myself experienced it also. I lost too much money in fees but in the end my transaction didn't push through.

I will just hope that the team behind eth will do something to this kind of happening but if you notice also, their is a little problem with uniswap platform as I notice that they are asking for a very high fees if we are going to exchange something. That is why, I rarely use that exchange even if it is very easy to use and is decentralized as I learned my lesson already where I lost too much money just to cover the transaction fee by using that exchange.

Now you chance if you wanna move all your erc20 coin to exchange wallet because eth price down and gas fees transaction still lower, maybe with 0.003 eth is enough for sending your coin and not complaint any more when price up again. I think this great chance right now and maybe tomorrow gas will up again, before late you can take great moment right now to buy eth and send your coin to exchange wallet.

It is a sad story and the market has turned out to be helping out the rich and not the small time investors. I am staying away from the entire token market and the DeFi hype because i am not able to make any substantial profit with all these high transaction fees and you cannot take advantage even if there is a price disparity. The only solution is to keep the coins ready when you see any new token that could potentially make you a profit rather than scrambling at the last moment.

you should find out the transaction fees before you make a transaction, so that you can calculate all the outgoing fees you need to make some transactions. Moreover, for now the transaction fees using the Ethereum platform are very high, so it's no surprise that many users switch to other platforms that have relatively low transaction prices. so it is your mistake to be too hasty in taking an action without seeking information first.

transaction with Eth this time has been somehow, like weeks now have not been able carry out transaction due to the high and crazy transfer fee and i need money badly and i have 3$ worth the fee is more than what i have, so eth is just like this for now bro, take heart

Being so popular for almost all dapps, erc20 platform is loosing its interest for dapps investors. At one hand eth investors are earning due to its price rise, dapps investors loosing money due to its high fees.
I have my few transfers and stakings on hold due to so much high transaction fees.
Not sure when fees will be lowered.

Luckily I have nothing to trade on my ethereum wallet. LOL
As long as trader are still competing to get confirmation quickly, transaction fee will always be expensive. I don't think the increase in transaction fee is Vitalik's fault, but it is the fault of users wanting higher fee to get confirmation quickly. A useful advice at this point is, don't transfer anything if it's only worth paying the transaction fee. Save your token or coin for a while and wait for the transaction fees to return to normal. Also don't expect GWEI to drop to 1 anytime soon.

Make sure you always check transaction fee on this site: https://ethgasstation.info/ to avoid transaction failures. Use standard costs to minimize fee. BTW 302 at this time for standart Gas Prices.

Yeah, Ethereum fees are insane. I think it`s quite obvious, that it`s very stupid for now to do something in the Ethereum blockchain if you don`t have at least 10k$. Fees can eat all your profit, so your story, despite on how it`s sad, is very instructive. Ethereum market is restricted for now for small capitals. There are many places like BSC and growing Avalanche, Matic and others, where people don`t spend weekly salary on simple transaction

Just read through this section of the forum and you will find many threads like this and i have to agree with everyone that complains about the high gas fees. If you have to pay 80$ network fees for a transaction that has a value of 100$ than this financial ecosystem is not useable in the real world in my opinion.
A few weeks ago or so i had to switch my LP-Tokens from one contract to another because of an upgrade. In the end i had to pay about about 50$ for the 4 needed transactions, including 2 failed transactions which cost 10$ bucks each or so.
I don't even wanna know how much i would have to pay at the moment if i had to switch now.

Even though it seems easy to make a decision but in reality it is very difficult,
and this can also be used as a lesson for the future that in making decisions we should not be careless and do not think long,
therefore when going to make a decision make sure we are calm I think that's also important

Yeah unfortunately the fees became very high lately. Since the recent rally I stopped using my coins for doing transactions as it is just not worth it. In my opinion it is best at the moment to use the coins for investing and rely on cheaper transaction fees with fiat money whenever possible.

It is a pity that you have got losses and regrets. Really I understand your feelings, because some days ago I was in some alike situation like yours. I lost a lot in order to get at least something, because transaction stuck. But the problem finally has been solved. And nevertheless I have got some assets and losses at the same time. Of course it is sad, but noone can cope with suxh a situation nowadays, lots of campaigns stopped even paying rewards because of high gas in ETH. And your family is not worth to blame for high ETH gas.

When you feel boring or tired how higher fees transaction ethereum better looking for new platform sending like bnb or trx because there still have lower fees for transaction, you can left with Uniswap exchange when you not happy how many time pay higher fees transaction because eth price is up and could effect with higher fees, I never use uniswap because looks crazy with fees transaction and keep using binance.

It is true that with conditions like now, we inevitably have to be patient,
because after all there is nothing to do but be patient and I think that is the most appropriate decision for now,
Let's hope that in the near future the transaction costs will go down

ETH has huge fees, and you know that. You should have to count before making transaction. Well, look on this situation positively. That shitcoin you wanted to buy might scam while ETH is in bullrun now. Maybe you can exchange it on USDT again and cover your losses or even get some grains.

If you angry with gas fee using ethereum you can move or change your coins platform become bsc because have lower fees now still above $0.02. Almost coin ethereum platform make us angry with sending to exchange market exactly with ICO investor, bounty and airdrop participants most higher fees than coin value we have.

Are you wondering why Ethereum transactions are getting more expensive? Not because the creators overestimate them. It's just that the network is very popular, many conduct transactions every second. It only says that the network is in great demand!
But if you don't like this commissions you can go to BSC chain!

The thing is that those exchanges will get hurt the most EtherDelta, Uniswap etc. I didn't trade on them since ETH got over 800$ it's too much. I don't invest much money so the fees are to big. I try staying on Binance and that's what it is. Also new tokens get hurt since for sure it makes smaller volume with all this.

The eth market price increased so as its gas fee, maybe that is one of the reason why eth becomes green almost everyday. Most of us are complaining that issue with the high gas fee so that when they release the eth v2.0, it will fixed along with other issues in eth.

Worse thing is the token op was not able to buy went to Jupiter  ;D

All kidding aside, these disproportionate fees are unbearable and penalize a lot of people. This is one of the reasons for the current success of the smart chain binance as well.

The imminent arrival of various layer2 soutions should lighten the network. Waiting ...  ::)

I don't know i should laugh or sympathized on you! but i already faced the same situation like you. I had some token that i is only available on uniswap. I had around $50 on my ether wallet.so i decided to swap. After login with metamas and connected on uniswap, i selected pair and then click on swap.after that, i couldn't believe my eyes! Iy was requiring $130 fee for done that transactions. So i just laugh and shut my pc down. 1inch also same as uniswap, although it has available some extra features

I would just stop doing the transaction if it's also going to ask me with insane fees. But I don't think that it's going to cool down any time soon but if the fees are reduced then that would be the great time to send it. Just insane.
Despite with the fees, Ethereum is still good and considered one of the best.

I can understand your frustration but honestly it is not the time to trade or transfer but to just hold, personally i have stopped all my trading and transfer activity because im expecting a big parabolic wave that will take eth price alongwith most alts and tokens to very high price points so at that time i would analyse and take some profot or start to trade again and hopefully by then we will have an efficient eth network in the shape of eth 2.0

i can not believe you shouting for loosing only 45$ on a Gas fees. some of us here has been paying for gas fees over 60 to 80$ after discovering that we connected with a wrong address. or paid a gas fees for to the wrong contract address. this is part of the activities on this crypto space. some has been loosing their funds on a daily. wipe your ass and move on. try to find a means to cover up your loose.

NOT ONLY YOU, we are same too bruh about Ethereum :(, gas fee killed our funds. i cant believe, $80 only for a transaction, i dont know about Ethereum 2.0 now. its working or making the GAS Pomped.

I think the major problem with the ethereum blockchain is it a gas fees and also sometimes transactions take unusually long as before confirmation I really don't know where the source of this problem is but it really need to be looked into because no one wants to pay $50 transaction fee or need $20 transaction and no one wants to make payments and have to wait hours before the payment reflects so I believe the community should look into ethereum transaction prices can be reduced to the barest minimum

I agree as much as possible I'm trying to stay away from Ethereum right now, the altcoins that i want to trade are not worth trading because of the expensive gas fee, it makes altcoin that we received in a small amount from bounty and airdrops useless, I have at least 5 of them sitting in my wallet, waiting for the gas to go down or waiting for my altcoins to go to the moon so it will make my transaction worth it.

I have been investing in an Non Fungible Token game called "Gods Unchained", and it costs considerably high gas fees to buy cards on the market. In a lot of cases, the gas fees themselves cost more than the cards you want to purchase  >:(, this completely defeats the purpose in my opinion. I think those high gas fees might have something to do with the adoption as well. Bitcoin has been mooning as of late , but Ethereum doesn't follow suit. I wonder what's really been holding it back?

Oh Dammed! such a huge fee for doing a transaction, it's hurting our butt since most of us are just transferring small amount of money
with tokens that using ERC chain.

The amount of tokens against the fee to pay in order to execute the transfer is not considerable, no one in good mindset that will continue
transferring if they knew they'll be getting less.

Eth network become really a very bad place for small traders...also the fees to withdrwal token from an exchange to another one is a big problem...small traders somtimes are forced to sell their tokens to walls just to avoid the withdrwal fees.

For example a token called amepay had a price of 0.026 in mxc exchange but some traders keep selling in bithumb at 0.016 because the withdrwal fee was about 3000 ame and this is crazy

even though you know vitalik is there but the security officers will never arrest him because this is all not vitalik fault and don't take your anger out on other people who don't know what. this is just a lesson for you to see https://etherscan.io/gastracker before transacting so that such an event is not repeated, who experience things like this is not only you but all small traders also feel it

It is the characteristic that the distinctiveness depends on on the Ethereum platform. In an almost strong trend in terms of volume, transaction demand, and gas fees on the Ethereum platform can suffocate small opportunities for you. But in my opinion is insignificant. So keep it in mind as a lesson and learn from it. Lol, share your sadness. As for gas fees on ETH, you should not be subjective but forget the calculation.

just for information brother, never blame anyone for our mistakes, it's not good for you, if i take a look at your case,
there's still possibility that you made a mistake by yourself,

the thing is, it's all about your patience and your luck, don't blame anyone for what happen to you.
the only problem with ETH is only the  high gas fees and also sometimes transactions take unusually long as before the confirmation

ETH's transaction gas fees have always been an obsession and caused certain troubles for some low volume traders.  This has been spent a lot of time by many experts, but at least it still depends and as long as it is necessary to calculate a specific cost before making a decision, it will be optimal.
Try it  https://ethgasstation.info/calculatorTxV.php (https://ethgasstation.info/calculatorTxV.php)

ethereum makes me angry everyday,I swap in an exchange, the money was inside.I do not want to remove because the fee is too much.for fee wants about 130 150 dollars.The bsc network is now much more advantageous, it has both fast and very low fee fees.

Thank you for letting everyone know, this is really pathetic,
using uniswap for a low amount of transaction has become a loss project nowadays, if you believe that your bought token has a chance to grow up a minimum of 5 or more times higher than your initial deposit then you can proceed otherwise it is better to skip buying low amount of token via uniswap when the gas fees are higher than 200 gwei.

For how long you are going to say this? So let's assume that ETH 2.0 will be fully implemented by 2023. That means that we should stop transacting using ETH until then? With Bitcoin also we are facing similar issues. The root cause is known to everyone. But no one want to talk about it. Miners control the decision making with most of the cryptocurrencies and that leaves out 99.9% of the users. Just check the average ETH fee here:

https://ycharts.com/indicators/ethereum_average_transaction_fee

The fee has remained above $10 for quite some time now. And the worst part is that the trends indicate that it will grow further in the next few months.

Transfer fees on blockchain networks have become inadequately high. But there is an important nuance - if you transfer 1 million dollars and 10 dollars, you will pay the same commission. This means that the Ethereum network is beneficial for large transfers, but becomes disadvantageous for people with small deposits!

I understand your frustration, thinking about the gas fee on ethereum blockchain is depressing. To be on the safe side one needs to pay the standard gas fee to avoid issues of failed transactions which would lead to loss of the little ethereum you're trying to manage and a failed transaction. I've personally decided to avoid the ethereum blockchain if possible and utilise other blockchains like tron for transactions on USDT. Binance chain is also getting popular with an awesome use case which has been luring more projects into the blockchain.

This what makes people think twice when they want to buy or trade asset on ethereum blockchain, and this also the reason why many developers move their project to BNB and BNB price going high, it could possibly near to ethereum price. I hope ethereum 2.0 can eesolved this problem.

Yes because it is more convinient to use binance smart chain, fees are low with very fast transaction speed compared to its competitor which is ETH so if I will make a project in the future I rather choose BSC although yes it is normal because unline eth it only has few projects maybe hundreds going to thousand so it is not congested for now, I don't want to use eth now maybe after v2 I will try it.

The salvation from the wild Ethereum fees is Binance Smart Chain! High speed platform with good traffic support from Binance. BSC has become the new choice for overpaying DeFi players.

Compared to Ethereum, transaction fees are ridiculous. I myself use BSC as an alternative to Ethereum, if you do not want to give all the money for gas, then I advise you to try it. Now many have appreciated the benefits. Today Binance Smart Chain has reached 70% of Ethereum traffic and this is just the beginning of its journey.

Moreover i don't expect such feedback from you because you should have followed etherscan because the price of gas is almost reduced so you can do token transaction very quickly at a cost of 10$ -15$. If you gonna transaction with low price of gas then there will be problem of pending so you should add more gas so that the transaction is completed very easily and quickly.