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Author Topic: transfer from myetherwallet to other exchange's  (Read 229 times)
youngmobi (OP)
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June 29, 2018, 10:21:25 AM
 #1

When doing any transfer from myetherwallet to other exchanges how much will i be charged.
RNGfight
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June 29, 2018, 10:23:02 AM
 #2

This depends on the set fee, and if your GAS set is high, the charge will also be high.
You can check here for the current fee.
https://ethgasstation.info

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payjoe93
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June 29, 2018, 10:30:24 AM
 #3

This depends on the set fee, and if your GAS set is high, the charge will also be high.
You can check here for the current fee.
https://ethgasstation.info
So, we have to buy gas to made any transaction?


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dewildance
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June 29, 2018, 10:32:22 AM
 #4

I do not like the transfer of ethereum tokens and the use of MEW for these transfers. It has a complex and seemingly insecure structure.
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June 29, 2018, 10:37:15 AM
 #5

When you doing some transactions in Myetherwallet it depends on the volume on how many tokens do you want to transfer and also it depends on the gas limit or set up of your gas, if you want to fast transactions you set it on high so it will transac fast but for me i only set on automatic and im just waiting for it atleast 1hr and my transaction already done.
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June 29, 2018, 10:44:39 AM
 #6

You need some eth to cover the gas/transaction fee to generate transaction to transfer a certain coin. You can adjust gwei and gas to high for faster transaction. Any exceeded amount will be back to your balance. If the transaction failed the eth you used as gas fee will be deducted.
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June 29, 2018, 10:51:23 AM
 #7

This depends on the set fee, and if your GAS set is high, the charge will also be high.
You can check here for the current fee.
https://ethgasstation.info
So, we have to buy gas to made any transaction?

You do not have to buy any thing, just make sure that you have some ETH left in your wallet to complete the transaction, if there is no ETH left to cover the transaction your transfer will fail and you will not get back the amount of ETH you paid for gas . Now how much ETH you should maintain in your wallet to transfer tokens and ETH successfully ? The answer is, it is not fixed amount but overall to transfer ETH is much cheaper than transferring tokens due to the nature of tokens and the need to initiate the original smart contract .  

Quick steps :

1- Open your MEW and select the token/coin you need to transfer .
2- Open ethgasstation.info and check the gas price you should use . ( if safelow and standard is close then just use safelow) ( You can adjust your gas price at the top from down arrow )
3- leave gas limit as default if you are sending ETH. But if you are sending tokens you better ask for the best gas limit . ( set the gas limit high wont hurt you the extra gas always sent back to your wallet)
4- make sure that you have enough ETH left in your wallet to cover the gas price. ( leaving 0.01 is more than enough to cover the gas) usually you will end up just paying 0.001 or even less .
5- make sure that the destination address is correct . ( or else you might lose your ETH/tokens )
6- press send and enjoy  Wink
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June 29, 2018, 10:51:31 AM
 #8

When doing any transfer from myetherwallet to other exchanges how much will i be charged.
Every time we transfer Ether or tokens from ether wallet to other wallets or exchanges, the transaction fee/s is depending on the gas price and the gwei of your transaction. The higher the gas price, the higher will be the transaction fee.But the higher it is, the faster it can send to other exchange's wallets. The transaction fee/s cannot be exceed .001 ether.
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June 29, 2018, 10:54:35 AM
 #9

(…) The transaction fee/s cannot be exceed .001 ether.

Really, are you sure about that? This is the first time I hear of this and it seems a bit odd... Do you have a source for that? Or is it MyEtherWallet prohibiting using more than X amount of Gwei?
mobireal
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June 29, 2018, 10:56:52 AM
 #10

This depends on the set fee, and if your GAS set is high, the charge will also be high.
You can check here for the current fee.
https://ethgasstation.info
do you mean that any transactions have it gas limits
haroldtee
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June 29, 2018, 10:57:35 AM
 #11

When doing any transfer from myetherwallet to other exchanges how much will i be charged.
Every time we transfer Ether or tokens from ether wallet to other wallets or exchanges, the transaction fee/s is depending on the gas price and the gwei of your transaction. The higher the gas price, the higher will be the transaction fee.But the higher it is, the faster it can send to other exchange's wallets. The transaction fee/s cannot be exceed .001 ether.
The transaction fee can exceed that as it totally depends on how congested the network is at the time you are transacting. There is no fixed price at all for transaction fee and I believe those who made transactions during the crypto kittens saga will know better.

This depends on the set fee, and if your GAS set is high, the charge will also be high.
You can check here for the current fee.
https://ethgasstation.info
do you mean that any transactions have it gas limits
Gas limit is dependent on the network congestion at the time you are making the transaction. By congestion, I am referring to the number of transactions going on per second waiting for confirmation. The more the congestion, the more the fee you will have to pay if you want you want your transaction to be fast during these periods, and this is applied to the protocol simply to prevent network spamming.
edulord
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June 29, 2018, 10:59:37 AM
 #12

This depends on the set fee, and if your GAS set is high, the charge will also be high.
You can check here for the current fee.
https://ethgasstation.info
So, we have to buy gas to made any transaction?

You do not have to buy any thing, just make sure that you have some ETH left in your wallet to complete the transaction, if there is no ETH left to cover the transaction your transfer will fail and you will not get back the amount of ETH you paid for gas . Now how much ETH you should maintain in your wallet to transfer tokens and ETH successfully ? The answer is, it is not fixed amount but overall to transfer ETH is much cheaper than transferring tokens due to the nature of tokens and the need to initiate the original smart contract .  

Quick steps :

1- Open your MEW and select the token/coin you need to transfer .
2- Open ethgasstation.info and check the gas price you should use . ( if safelow and standard is close then just use safelow) ( You can adjust your gas price at the top from down arrow )
3- leave gas limit as default if you are sending ETH. But if you are sending tokens you better ask for the best gas limit . ( set the gas limit high wont hurt you the extra gas always sent back to your wallet)
4- make sure that you have enough ETH left in your wallet to cover the gas price. ( leaving 0.01 is more than enough to cover the gas) usually you will end up just paying 0.001 or even less .
5- make sure that the destination address is correct . ( or else you might lose your ETH/tokens )
6- press send and enjoy  Wink
This is a very good suggestion and I hope it is a very useful that will help make a successful transfer if all steps are followed appropriately and avoid making any mistake.

 
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sunnydmd
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June 29, 2018, 11:00:19 AM
 #13

When doing any transfer from myetherwallet to other exchanges how much will i be charged.
it's very cheap when you already have ETH in your wallet, but if you don't
you have to transfer ETH into that wallet to paid the fee.
the fee to transfer token is often very cheap. with 1$ worth of ETH you can transfer up to 10 times if you choose slow mode ^^

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July 01, 2018, 03:40:53 PM
 #14

I am providing you a link you can get the recent fees information there https://ethgasstation.info/. Moreover, you will be charged high if your GAS set is high.
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July 02, 2018, 12:20:43 PM
 #15

That's an informative post. For transactions in Myetherwallet , it depends on the amount of your coins and the amount of gas. If you have higher amount to transact , more gas is required.
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July 02, 2018, 12:24:16 PM
 #16

So most of the time you just have to set 20Gas, which is a reasonable number.
So most of the time this number is packaged very quickly.

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July 02, 2018, 12:37:38 PM
 #17

Dear all,
The transactions are needed for everyone to trade. The transaction fee from myetherwallet to other exchanges is up to the exchanges. It depends on the policies, the business trens, the market, and the countries that they deploy.
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July 02, 2018, 12:44:27 PM
 #18

When doing any transfer from myetherwallet to other exchanges how much will i be charged.
This depends on the processing speed of the Ethereum network. At low gas prices, there are times when gas is very high.
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July 02, 2018, 12:56:27 PM
 #19

When doing any transfer from myetherwallet to other exchanges how much will i be charged.
This depends on the processing speed of the Ethereum network. At low gas prices, there are times when gas is very high.
OP is actually asking on how much will he be spending on a transaction.
If not familiar with the terms gas or gwei, you can use this calculator to know how much the fee is in ETH :
https://ethgasstation.info/calculatorTxV.php
Normally, sending transactions won't cost you a dollar. Smiley
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July 02, 2018, 12:57:43 PM
 #20

the minimum fee is around 20 cents.
if you need to speed up the transaction you can pay more. Miner will take your transaction first.
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