Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: libert19 on February 14, 2023, 03:29:16 PM



Title: Help Regarding Tron transfers
Post by: libert19 on February 14, 2023, 03:29:16 PM
So I'm paying $1-$2 to transfer trc20 usdt. If I stake for free transfers, it requires couple thousand trx staked.

Had heard tron blockchain is cheapest to use but it's not so for me.

What am I missing?



Title: Re: Help Regarding Tron transfers
Post by: vv181 on February 14, 2023, 04:19:41 PM
Tron token transcation fee requires Energy and Bandwidth Points. Energy consumption depends on the smart contract of the token itself, if it is widely used, the required energy increases. On other hand, Bandwidth Points are given free daily for some amount and might increase if you stake TRXs. If your current Bandwidth Points daily are fully consumed, another TRX requires to be spent for the transaction, though it will be burned.

So, it seems you have already emptied out your current BP, thus it requires more TRX for transactions.

For further detailed explanation of how the TRX fee works, refer to below links:

https://developers.tron.network/docs/resource-model#bandwidth
https://developers.tron.network/docs/resource-model#energy


Title: Re: Help Regarding Tron transfers
Post by: Yogee on February 14, 2023, 04:32:44 PM
...Had heard tron blockchain is cheapest to use but it's not so for me.
They haven't told you the full story I guess? Yes Tron could be the cheapest for people who are long on Tron but most likely not ideal for one-time or not so frequent users. It's probably cheaper to send via centralized platforms than using a non-custodial wallet.

Maybe just eat that $1 - $2 fee if you are just moving funds and not planning to hold TRX for long-term.


Title: Re: Help Regarding Tron transfers
Post by: ryzaadit on February 14, 2023, 05:28:37 PM
You should try to read the news.

There have some pools government regarding adjustment fee for "TRX". Now, because of these "TRX" just reached all-time high for fee transaction even big exchange already make some exchange regarding the fee transaction.

More than 1$ now for TRX transaction cost ~LOL.


Title: Re: Help Regarding Tron transfers
Post by: Oneandpure on February 14, 2023, 05:46:36 PM
Fees transaction trough TRX or tron have changed than usually spent about 1 trx each transaction and right now you need spent more than $1 or almost 15 trx, I don't know what happen with tron network fees transaction drastically up than other network keep stable actually with matic and BSC Chain network.

Just one solution maybe leave with all Tron network because they have increasing up fees withdrawal and actually will adopt by all cex decentralize exchange market, long time not use tron network and usually I deposit on each trustwallet transaction fees until cheap under $0.1 and different with transaction fees right now.


Title: Re: Help Regarding Tron transfers
Post by: Xal0lex on February 14, 2023, 07:59:50 PM
Now many users are facing a sharp increase in TRON commissions, many exchanges and wallets have increased minimum commissions several times, TRON at the moment does not look a profitable option for transfers, as it is close to Ethereum. Use TronLink, block some TRX and then commissions will be much cheaper for you.