CryptosapienZA (OP)
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October 14, 2017, 02:23:04 PM |
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This is perhaps a dumb question but I am wondering, how much ether gas is required for a token transaction? I am wondering in relation with all the e coins. I am assuming they would need a certain amount of ether to conduct all these airdrops.
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auliahr
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October 14, 2017, 03:15:54 PM |
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This is perhaps a dumb question but I am wondering, how much ether gas is required for a token transaction? I am wondering in relation with all the e coins. I am assuming they would need a certain amount of ether to conduct all these airdrops.
Yes.. You are right, every coin transaction using etherium platform must use gas, if there is no gas we can not do transaction. I think the airdrop developers also spend a lot of eth to buy the gas they use for their coin distribution.
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CryptosapienZA (OP)
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October 14, 2017, 09:10:37 PM |
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I was kinda hoping someone can estimate how much ether they need for these airdrops. It has got to be a whole lot of ether.
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sweerty1
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October 14, 2017, 09:47:15 PM |
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As I know it depends from token to token. Some tokens eat really high gas right after release and they return to normal levels after. I think you can safely ask one airdrop manager about it.
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Imfinnabeon
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October 14, 2017, 10:08:48 PM |
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If I am not mistaken you need 21000 gas atleast and sometimes up to 100k or even more gas. It really depends on the contract and how it was constructed.
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Rebellious
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October 14, 2017, 10:12:26 PM |
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It also depends on the gas price you set
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WalkerIVIV
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October 14, 2017, 10:49:35 PM |
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This is perhaps a dumb question but I am wondering, how much ether gas is required for a token transaction? I am wondering in relation with all the e coins. I am assuming they would need a certain amount of ether to conduct all these airdrops.
You might be putted your gas to the token transfer between 150000 - 200000 gas for each transaction. there is no relation to the ecoins. Ecoins just same with other altcoin.
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itsonlikedonkeykong
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October 14, 2017, 11:09:11 PM |
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If I am not mistaken you need 21000 gas atleast and sometimes up to 100k or even more gas. It really depends on the contract and how it was constructed.
This is true! This week I had problems at even 80000 gas txns.
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posesion19
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October 14, 2017, 11:14:42 PM |
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This is perhaps a dumb question but I am wondering, how much ether gas is required for a token transaction? I am wondering in relation with all the e coins. I am assuming they would need a certain amount of ether to conduct all these airdrops.
Maybe 0.005 = 0.17$ on deposite , withdraw or other , the default gas is 7 , you can set 10 for fast transaction but its too expensive. I remember i was set 21gas , and cost 1.7$ on one transaction but the transaction fast. Default transaction gas is too late , maybe 10-15minute/transaction
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puremage111
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October 14, 2017, 11:43:28 PM |
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This is perhaps a dumb question but I am wondering, how much ether gas is required for a token transaction? I am wondering in relation with all the e coins. I am assuming they would need a certain amount of ether to conduct all these airdrops.
Well, you can take a look at ethgasstation for the approx time for x amount of fees used in gas Right now it is kinda costy to get your payment proceed in the network because of huge transactions But after metropolis took place, we will be almost x2 faster now and back to 15 second of block time
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bongiu
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October 15, 2017, 01:49:02 AM |
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Although I'm not quite sure (and please someone corrects me if I'm wrong) but it depends on how fast you want the amount to be delivered
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xiaohang07
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October 15, 2017, 01:49:30 AM |
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It really depends on how fast the transection you would like it to be. You can choose the GWEI to control the price and speed balance.
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twobits
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October 15, 2017, 02:12:33 AM |
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It really depends on how fast the transection you would like it to be. You can choose the GWEI to control the price and speed balance.
AFAIK most of the transaction take up to 200k gas to make each transaction everytime, I have used in so many times that just try to put up to 200k gas fee for my transaction and that was going smoothly and you can try it right now.
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Keziara
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October 15, 2017, 02:20:05 AM |
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This is perhaps a dumb question but I am wondering, how much ether gas is required for a token transaction? I am wondering in relation with all the e coins. I am assuming they would need a certain amount of ether to conduct all these airdrops.
it's not a stupid question, until now I'm still confused about ether gas ,, how where do I count from any of our transactions I do not understand ,, this is a good question
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dwwbit
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October 15, 2017, 04:22:47 AM |
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Yes, it will cost considerable amount of ETH for gas, when you given more gas you will get your transaction results very fast. In crypto Time factor playing major role, you need to act fast and get your profits otherwise you will end up with bigger lost than gas cost. Even you set 21 gas limit, transaction cost you 1 to 2 usd cost but if you late by 10 min due to low gas it will cost hundreds if usd. For example eBTC airdrop gave 2.5 k coins free, it went neary 0.8 usd per coin from 0.2 usd and again back to 0.3 usd within few hours, if you late by 30 minutes it costs you more than 500 usd. So think about your profits and expenses when settings gas limits.
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matico
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October 15, 2017, 04:54:41 AM |
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Gwei by defauot is set at 7. There were time i will set mine to 60 just to get my transaction through in time. I love the fact that you can choose to slow down your transaction and the same time hurry it up!
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mindsports.io
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October 15, 2017, 11:25:27 AM |
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ether transactions 2100 token transactions 210000 interact with smart contract 60000-80000 deploy a complex crowdsale smart contract 500000-800000
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AltcoinAuthority
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October 16, 2017, 07:06:20 AM |
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This is perhaps a dumb question but I am wondering, how much ether gas is required for a token transaction? I am wondering in relation with all the e coins. I am assuming they would need a certain amount of ether to conduct all these airdrops.
The Ethereum Gas fee is pretty low. If you have at least 0.001 Eth, you could send the coins with a 60-70k gas fee. It really is not that complicated.
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Cixboy61
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October 16, 2017, 07:20:27 AM |
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I use 50 Gwei to make airdrop transactions in Etherdelta. This value or higher values enough for the sell in dump. But if you have time you can use lower values to reduce the price.
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Herdirfauzi
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October 16, 2017, 07:42:47 AM |
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This is perhaps a dumb question but I am wondering, how much ether gas is required for a token transaction? I am wondering in relation with all the e coins. I am assuming they would need a certain amount of ether to conduct all these airdrops.
according to what you are questioning, I will reply that every transaction is definitely in need of funds for shipping and gas, if I think if not wrong you have to use 25000 gas or more than that ..
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Natsuu
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October 16, 2017, 07:49:00 AM |
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I use 50 Gwei to make airdrop transactions in Etherdelta. This value or higher values enough for the sell in dump. But if you have time you can use lower values to reduce the price.
I think that's too high for every transaction you'll be made. As for me I'm just using 15gwei and it's quite reasonable for me, it's not that too slow and not that fast, just right for me. Like it just takes 5 minutes for a transaction gets confirmed.
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CryptoTech_
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October 16, 2017, 08:17:44 AM |
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I use 50 Gwei to make airdrop transactions in Etherdelta. This value or higher values enough for the sell in dump. But if you have time you can use lower values to reduce the price.
it is too high, you will spend a lot of ETH if using 50 Gwei usually I use 10 Gwei to speed up transactions, and the way it works
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Jiyens3
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October 16, 2017, 08:47:33 AM |
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This is perhaps a dumb question but I am wondering, how much ether gas is required for a token transaction? I am wondering in relation with all the e coins. I am assuming they would need a certain amount of ether to conduct all these airdrops.
ussually i use 150.000 untill 200.000 to fee in transactions its make transaction faster and always be success, it minimize fail send the token to market and its always worth
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slaman29
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October 16, 2017, 08:50:25 AM |
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Honestly, I just stick to the recommended amount as specified in MyEtherWallet. It is always shown there for the type of transaction you make and since I'm not too keen on waiting for transactions to confirm, I just allow the wallet to calculate and click send. I've never faced any problems before. At the moment, the fees don't equal to too much but if it ever becomes as valuable as Bitcoin, I guess we will all start to complain and fight for fees like with BTC now!
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BuddyGallagher
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October 16, 2017, 09:21:12 AM |
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this is a useful forum
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Mariya03
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October 16, 2017, 09:30:27 AM |
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This is perhaps a dumb question but I am wondering, how much ether gas is required for a token transaction? I am wondering in relation with all the e coins. I am assuming they would need a certain amount of ether to conduct all these airdrops.
Etherem Gas is used for paying all transactions of trades. The price of Ethereum Gas is 8 GWEI while in price of Ethereum Fee is based on the token you have. It is also help to speed up the transactions of trades.
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BuddyGallagher
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October 16, 2017, 09:37:17 AM |
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On what markets this coin is traded?
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Geenstijl
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October 16, 2017, 09:59:49 AM |
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During ICO I'm always use 400000 gas limit with default gas price. It's very rarely occurs that actually transaction fee is more than 200000. This all depends on congestion in the ethereum network.
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PadenoM
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October 16, 2017, 10:12:15 AM |
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"Gas is the metering unit for use of the World Computer. As an analogy, electricity is metered by kilowatt hours. Using more computation and storage in Ethereum means that more gas is used. One fundamental reason for metering is that it provides an incentive for people (miners) to operate the World Computer. These miners get a fee for processing transactions, which is determined by the metering scheme: gas."
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torrantz
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October 16, 2017, 10:20:31 AM |
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This is perhaps a dumb question but I am wondering, how much ether gas is required for a token transaction? I am wondering in relation with all the e coins. I am assuming they would need a certain amount of ether to conduct all these airdrops.
ussually i use 150.000 untill 200.000 to fee in transactions its make transaction faster and always be success, it minimize fail send the token to market and its always worth I think that 150k - 200k range already included in the reliable fees, so many people are suggesting it right now and that makes the transaction goes smoothly. But it's really cheap in my opinion.
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Tamilson
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October 16, 2017, 10:24:48 AM |
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Honestly, I just stick to the recommended amount as specified in MyEtherWallet. It is always shown there for the type of transaction you make and since I'm not too keen on waiting for transactions to confirm, I just allow the wallet to calculate and click send. I've never faced any problems before. At the moment, the fees don't equal to too much but if it ever becomes as valuable as Bitcoin, I guess we will all start to complain and fight for fees like with BTC now!
Yes I also did that also. I just let the mew compute the gas for me like I use what's the default gas. For me the confirmation time is just right like it didn't bother me at all. But OP if you really want to make it fast just set the gwei higher than the default price.
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Happy Coding Life
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axiline
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October 16, 2017, 11:17:44 AM |
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As far as I understand, the more gas you put, the faster the deal takes place. But do not put less than 21000, your transaction will often be canceled and the commission is charged.
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Iolanna
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October 16, 2017, 11:51:35 AM |
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As for me, when I want to deposit my tokens to EtherDelta I used to set 200 000 gas limit and 12 gwei. I costs about 0.8$ and transactions usually complete in 1-2 minutes, so it's quite cheep and fast. But it also depends from the network load when you make transaction.
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Viberate team
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October 16, 2017, 03:00:43 PM |
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babysweetTiger0401
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October 16, 2017, 03:37:24 PM |
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This is perhaps a dumb question but I am wondering, how much ether gas is required for a token transaction? I am wondering in relation with all the e coins. I am assuming they would need a certain amount of ether to conduct all these airdrops.
Most of the time it requires 21000 gas, then I also noticed that sometimes it depend on the contract of the coin it requires 100k or more something like that mate.
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kolesozw
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October 16, 2017, 05:15:23 PM |
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Ether transaction speed is combination of gas amount AND gas price.
If you want cheap transactions, you will need to wait for confirmation. 21-50K gas is fine. But your transaction could stuck for hours. If you want fast transactions within minutes, this will cost you $$. 100-200K gas and even higher gas price.
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zollyharvan
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October 17, 2017, 08:35:33 AM |
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As I think it depends from the token to the token. Some tokens are really high gas right after they are released and they return to their original level afterwards. I think you can safely ask an airdrop center about it.
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Selly Arumsari
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October 17, 2017, 09:31:05 AM |
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This is perhaps a dumb question but I am wondering, how much ether gas is required for a token transaction? I am wondering in relation with all the e coins. I am assuming they would need a certain amount of ether to conduct all these airdrops.
Most of the time it requires 21000 gas, then I also noticed that sometimes it depend on the contract of the coin it requires 100k or more something like that mate. if you send eth with gas 21000 is success but if you send other token with gas 21000 it failed.ussually i use gas 150000 it different if i send the token who low price i put 81000 for gas
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rudolfaxl
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October 17, 2017, 09:55:49 AM |
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Maybe it's a little strange, but I had never had any problems with default gas limit and gas price even during ICO.
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