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Gas MyEtherWallet ?
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Topic: Gas MyEtherWallet ? (Read 117 times)
Thai19
(OP)
Newbie
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Activity: 360
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Gas MyEtherWallet ?
July 15, 2018, 03:41:45 PM
#1
Why is the gas bill of Mytherwallet so expensive?
Svelto
Sr. Member
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Activity: 686
Merit: 257
Re: Gas MyEtherWallet ?
July 15, 2018, 03:52:47 PM
Merited
by
tyuner4
(5)
#2
The high ETH fees is probably due to the congested network caused by Fcoin GPM. You may refer to the reddit discussion for more information.
https://www.google.com.sg/amp/s/amp.reddit.com/r/ethereum/comments/8v8v5d/the_reason_why_whole_eth_network_gas_fee_is_so/#ampf=undefined
Iamdeadlyz
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Offline
Activity: 402
Merit: 19
Re: Gas MyEtherWallet ?
July 15, 2018, 03:54:14 PM
#3
Well if you look at
https://ethgasstation.info/txPoolReport.php
, it shows that the % of the last blocks shows little percentage when set to low gas. I think there's a congestion happening on the blockchain right now, therefore, there is a need to increase the gas.
MadGamer
Legendary
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Activity: 1568
Merit: 1031
Re: Gas MyEtherWallet ?
July 15, 2018, 03:55:36 PM
#4
Try to import your wallet to MyCrypto and see If the fees are the same or lower. I don't use the wallet but It's possible that its their algorithm but If the same problem applies everywhere, It's probably because of the Ethereum network being overloaded.
ub27
Full Member
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Activity: 559
Merit: 102
Re: Gas MyEtherWallet ?
July 15, 2018, 03:58:07 PM
#5
Right now the network is blocked. I tried to try with Gas 100. But still pending more than 15 minutes. Unbelievable with ETH this time
Sinyocall
Newbie
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Re: Gas MyEtherWallet ?
July 15, 2018, 04:02:18 PM
#6
Perhaps because of the demand for many purchases so that high gas prices, with cheap prices like this many investors who want to buy bitcoin and allcoin, so the price of gas is high.
Thai19
(OP)
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Re: Gas MyEtherWallet ?
July 16, 2018, 07:39:50 PM
#7
Quote from: Sinyocall on July 15, 2018, 04:02:18 PM
Perhaps because of the demand for many purchases so that high gas prices, with cheap prices like this many investors who want to buy bitcoin and allcoin, so the price of gas is high.
I hope to have a similar myetherwallet, so that it is no longer monopoly.
cryptobae10
Jr. Member
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Activity: 658
Merit: 5
Re: Gas MyEtherWallet ?
July 16, 2018, 08:17:17 PM
#8
Quote from: Thai19 on July 15, 2018, 03:41:45 PM
Why is the gas bill of Mytherwallet so expensive?
To be frank the gas fee is high indeed on Myetherwallet but it is not expensive
No matter how it’s still cheap when you use 2$ to send out your Etherum because exchanges charges over that
So let’s enjoy the cheap sending fees while it last
Mr.Spreadthehamster
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Activity: 518
Merit: 102
Re: Gas MyEtherWallet ?
July 16, 2018, 09:08:24 PM
#9
Quote from: Thai19 on July 15, 2018, 03:41:45 PM
Why is the gas bill of Mytherwallet so expensive?
why do you think it is expansive?
You can check current price of gas here
https://ethgasstation.info
and then put safelow value in the MEW page.
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qazgroup
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Activity: 1022
Merit: 20
RiveMont
Re: Gas MyEtherWallet ?
July 16, 2018, 09:24:39 PM
#10
I think you can adjust the gas bill yourself too, it becomes high when the network becomes bloated or is under load, if you are not in a hurry to complete your transaction then you can select lower gwei then they will charge less but the transaction will be slow.
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Tosyn2
Member
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Activity: 566
Merit: 10
Re: Gas MyEtherWallet ?
July 16, 2018, 09:32:50 PM
#11
Yes, it is becoming unbearable sending eth or ethereum based tokens, gas fee changed are too high as if that isn't enough, sometime takes till eternity before it will have a single network confirmation.
Kagenobu Yoshioka
Jr. Member
Offline
Activity: 51
Merit: 2
Re: Gas MyEtherWallet ?
July 16, 2018, 09:36:58 PM
#12
you can change the gas fee for a lower rate. I prefer mycrypto than myetherwallet.
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