Bitcoin Forum

Well it's frustrating for me, and I am sure a lot of users like me who deals with sending bulk payment for their projects. I was about to bulk send a tx of 243 addresses in BSC network and the fees calculated over 0.9 BNB which is freaking crazy as shit! Another service asked for 0.5 BNB. This can't be real. Those app developers are just sucking up the money.

Services I tried:
http://bulksender.app/
https://multisender.app/
https://ethereumico.io/multisend/#/home (not sure what went wrong, but for some reason it's not giving me the page to sign the tx)

To save us from this crazy fees market and give them to these greedy users, can we develop a community driven own token sender?
How it can be done?
What kind of experts we need to recruit?
How big will this project be?
How long it take?
What are the risk factors for it?
How much it could cost to get the end working product?
What will be the maintenance cost to keep it up and run for the community?
Is there any better solution around already?


If not, can we figure out a better solution? I would love to hear from experts and if it works well then I would love to build a team to work on a similar product to serve the community which will add no additional cost.

It will be very easy, like the way we bulk send BTC using Electrum wallet.

Looking forward.

Reserved

How much of the 0.9 or 0.5 BNB is for the gas fee and for the service fee? Does it say? Can you not adjust the part for actual gas? Asking out of curiosity.

Have you tried approaching fellow campaign managers? I think this can be accomplished by community devs if the price is right.

Security. Independent hackers and those from competitors will surely try to exploit this. They will not let you take out their business.

It isn't surprising in case they are charging such ridiculous fees towards each batch transaction,
Since they dare offering a really good reward for their affiliate program in the first place.

Here's another tool that might help you - https://cointool.app/
However I'm not sure of their fees (no docs to read), theres a chance they would do the same or maybe worse

i'm pretty sure bsc has a fixed fee (or minimum fee) of 5 sats, so most of them is probably the service fee. especially if there's a huge 0.4 BNB difference between each service, doesn't make sense for it to be the network fee. i don't think there's an alternative though, manual transfer is probably the alternative.

This is a wrong way to promote your project. If you need bitcointalk promotion then feel free to contact me on my telegram @Royse777. I can help you to promote your project.


I had to done it manually (sending to 243 address one by one) it took me time, but for per transaction I paid 0.000699 BNB which is a total of 0.169857 BNB more or less. There were few failed transaction so if we include those fees then it will be a little more than 0.169857 BNB. The difference is crazy to be honest. At maximum 10% to pay for their service would not be much I think, but asking for 0.4 BNB or 0.9 BNB is way too much!

BUMP!
If there is any blockchain developer who can do this job for me then feel free to contact me on my Telegram. I will need to know your price and how long it will take for you to do the job.

If I find you a good fit, then we will be on a deal.

Token Tool could be your solution https://tokentool.bitbond.com/distributetoken/ (https://tokentool.bitbond.com/distributetoken/)

It works on Ethereum, Binance, Polygon and Avalanche. The fees are 1$ per recipient address so much cheaper than the other options you listed.

Mycryptoview multisender is the best and low-cost option, the fees are more than 50% cheaper than the options you listed.

https://mycryptoview.com/tool/multi-sender (https://mycryptoview.com/tool/multi-sender)

Or just use this free one, https://disperse.app  ::)
https://github.com/banteg/disperse-research/blob/comparison/readme.md

I recommend checking out cryptosender.io (http://cryptosender.io) for your crypto transactions. We charge a low fee of only $1 aprox per use, making it a cost-effective option.

I recently asked one free lancer in my country Pakistan for this work. He say that he can do this work and will charge 59$ for this work and fee problem will be solved. I never worked with this previously so cannot say 100% sure that he will work. He asking 10$ advance for security and 40$ after work. I will contact you on Telegram of you still need than this will be much better for all Bounty managers.

Yeah, crazy fees in the BSC network can be really frustrating, especially when you're trying to make bulk payments. It seems like the app developers are just taking advantage of the market and sucking up all the money.

I think developing a community-driven token sender is a great idea. It could potentially save us from these insane fees and give more power to the community.

In order to develop a project like this, would need experts in blockchain technology and smart contract development. It could be a big project, depending on the scope and features we want to include. So, it's hard to say exactly how long it would take, but it would definitely require some time and effort.

As for the risks, there are always risks when it comes to developing a new project.  I think need to consider things like security, scalability, and user adoption. It could also cost a significant amount to get the end product working, depending on the resources needed.

In terms of maintenance cost, it would depend on the level of support and updates needed to keep the platform running smoothly for the community. I'm not sure if there's a better solution out there already, but I'm definitely interested in exploring the possibilities of a community-driven token sender.