How to avoid big commissions to pay ethereum ?

[hakertajniak]

You cannot avoid them if you using the ethereum coin or token. We are as a user of ethereum, must using the average gas of the blockchain, otherwise our transactions will never be picked up by the miners. If you cannot afford to using the high gas, i recommend you to wait until the fee is normal again, but don't know when.

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[(o)(o)ilikeboobs(o)(o)]

Lately, transaction costs on the ethereum network are very high and it affects small investors. The cost on the ethereum network is like an auction, whoever accepts to send more funds is confirmed first, but those with lower costs will have to wait indefinitely. This is unreasonable and not decentralized in the network.
If you want to transfer your money to your wallet quickly and smoothly, think about using a multi-coin wallet and transferring your assets to coins like XLM, XRP, or ... will save you money. time and cost.

[Heroalt]

I  don't think there is any way around it, but I recently made Eth transfer very late in the night though the amount wasn't high and the fee was less than considerable low, so am also thinking that maybe the transaction fee tends to be very high during rush hours

[reza7777]

I  don't think there is any way around it, but I recently made Eth transfer very late in the night though the amount wasn't high and the fee was less than considerable low, so am also thinking that maybe the transaction fee tends to be very high during rush hours

Yes the fee will be expensive when everyone is making transactions and just like you, I also make transactions when everyone is sleeping, but when I am in a hurry I sell ethereum for other coins as an option to lose a lot of fees

[Ryushin]

I don't know if it is sure and safe but supposedly i pay and not pay such cosmic commissions as you are now. How can i do this ?

Sounds like you are talking about gas fee, there is no solution to this mate, if you don't like the high fee just wait, every day or even hours the gas fee adjusts itself, you can keep track with https://ethgas.watch ,also few wallets have high gas fee automatically for example trust wallet, I find coinomi wallet to be better because it gives the cheapest gas fee

[smoolae]

The fees you are paying are directly proportional to the people who are using the network and sending their transactions at the same time as you are.

Ethereum network doesn't really scale too good and that's why you have to pay high fees to get your transaction through. Many people are fighting for few spaces.

[adekogbe]

There is absolutely no solution to this when it comes to paying high transaction/gas fees on the eth Blockchain.
If your purpose of using eth is only as a store of value, then i believe you can go ahead and keep a lot of eth. But if i you are actively using your cryptos for transactions, then i believe you should find a coin or token with more respectable gas fees, e.g litecoin

[MUG1WARA]

What do you mean by the Cosmic Commission? you mean fees of gas? now the ethereum network is really very dense since there was Defi and now plus ethereum prices are growing and there is no other way to pay gas fees cheaply, because paying low fees means chance of making the transaction fail

[matchi2011]

What do you mean by the Cosmic Commission? you mean fees of gas? now the ethereum network is really very dense since there was Defi and now plus ethereum prices are growing and there is no other way to pay gas fees cheaply, because paying low fees means chance of making the transaction fail

Miners will choose those big fees as surely they'll get good compensation, ETH price is rocketing there's no other alternative to avoid
paying for the gas in order to process your transaction.

Either to keep your asset or to pay those fees for you to enjoy the service, if you have huge amount of asset from ERC paying the
fee might be consider but if not then it's not practical to continue.

[pakhitheboss]

You cannot avoid the transaction fee, you can reduce it but then the transaction will take time to reach. In some wallets there is a set amount for the transaction fee If you reduce it then the transaction will fail.

The best option is to convert your ETH into other cryptos wherein you will pay a small amount as a fee. The only disadvantage is that ETH conversion or swapping charges will be applicable.

[abderrazak belkhir]

I think the best way is to avoide sending eth or any other erc20 token when the fees incrass and you can always cheek her https://etherscan.io/gastracker

I know this might not be always useful because somtimes we need to make some urgent transactions to buy or sell some coins but we dont have any solution...we keep talking but the situation keep the same and also get worse

[trauchot]

Unfortunately, there is nothing to be done about this, since the price of Ethereum is growing and more and more cryptocurrency projects create their own cryptocurrencies on the Ethereum blockchain and thereby they load the Ethereum network and, of course, more and more people come to the cryptocurrency sphere and make a very huge number of cryptocurrency transactions through the Ethereum network  and this also loads the Ethereum network and the price of gas on the Ethereum blockchain is also growing, so you need to bypass the Ethereum network or monitor the Ethereum network all day to find the time when the network is least overloaded.

[matjas]

Its just hurts to see how much ETH goes for transaction fees now. Since DEFI mania started, we havent seen decent gas fees and it doesnt look they will go down soon.
In my opinion this is the biggest downside of ETH tokens and BTC. That doest look good if you are a new investor, a big turndown.

[bakasabo]

You can't avoid expensive gas fees. You can just wait for the gas fees to come back down, I don't know when. If you want to send ERC-20 tokens you have at least ETH above $100.

You can use something like that https://ethereumprice.org/gas/ to observe gas prices. It looks like the best time to make transactions is Monday and Friday morning, when the price is below 100 gwei. Just make a habit to check prices every 15-30min and I'm sure you will soon find a "window" when you can make your transaction cheap and relatively quick.

[EmmaGod]

The truth is that, there's no valid way to override the high gas fee. You could use a lower transaction fee but that could make your transaction stay longer or it could fail and you loose the gas fee. Another approach is to wait and try again when a suitable gas fee can be used, though that may take ages as the ethereum gas fee has been high for quite a while now. Some projects are effecting multi chain to give users of the tokens the opportunity to enjoy the benefits of several blockchain. In that situation, you could swap the tokens and use a blockchain with cheaper transaction fees like tron and binance smart chain.

[Evgenklm]

I thought about this for a long time, and looked for solutions, but with the increase in the cost of ETH, commissions for me were not raised, in particular, trading on dex exchanges, so I see only one way out to switch to another similar network with a lower commission.

[sgenuine]

You cannot avoid them if you using the ethereum coin or token. We are as a user of ethereum, must using the average gas of the blockchain, otherwise our transactions will never be picked up by the miners. If you cannot afford to using the high gas, i recommend you to wait until the fee is normal again, but don't know when.

I don't know a solution to the current problem with expensive Ethereum transactions. Most likely we will all have to wait for the announced updates to be introduced. But as I see users continue to use the network and pay expensive commissions, and therefore the network continues to be in demand. 

[ahoenk]

There is setting even if you use trust wallet, but if you set it under gas fee on average, it could probably failed and yes your transaction is failed and you gas which you have paid is gone, its mean dont take a risk for paying under average gas fees or you will lose your ethereum without succeed in transaction.

[tygeade]

Well, this depends on how many times you will trade and what you will do. Now there are "bridge" systems which means you do end up spending money going into those systems and you do spend money when you are getting out of them (easier methods if you get out with that chains coin) and you could spend less money there. However this doesn't mean that one move you make is simple and cheap, it is actually quite expensive and you will spend more money, but if you do multiple moves it becomes cheaper.

Meaning if you are holding some xyz coin and want to get ethereum with it and move it to binance so you can trade? You should not use bridge, you can do that and yes you will pay a lot but less than bridge. But if you want to put money into eth tokens and trade them however you want and get out afterwards? You could pay for once and make 100 trades and get out and would be paying drastically less money.

[Fredomago]

I don't know a solution to the current problem with expensive Ethereum transactions.

It's also what many of us are asking, this gas fee is really killing all traders and investors who are using this chain.

Most likely we will all have to wait for the announced updates to be introduced.

Yeah right, it will depend from how the team take care and find whatever suitable solution to this case, they are the only one who can provide concrete resolution to lessen the fees.

But as I see users continue to use the network and pay expensive commissions, and therefore the network continues to be in demand. 

They just don't have any alternative especially those who are trapped with this chain, assets which been created using ERC.