How to avoid big commissions to pay ethereum ?

[TeslaMotors]

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 ?

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[algopolon]

Do not use ETN for small transactions. Lots of coins around. I have repeatedly heard stories that people pay commissions as the transfer amount itself.

[khiholangkang]

What cosmic commission? You mean GAS fee?
Well. You can pay for gas very low, but your transaction will take very long to process, and the transaction will likely fail.
You pay according to the current gas rate, your transaction will be processed faster. Only that!

[tycsols]

There seems to be no solution to the high gas or transaction fee on the ethereum network. The only thing we can do is just try to avoid unnecessary transactions and wait for fee to go back down to normal ranges. If the high fee remains for more time it will not be easy for small traders, scalpers and flippers to survive.

[dimonstration]

Better do sure transactions only, Gas fee wwill still be too high since there is a a high demand for transaction within the network and many is using these due to DeFi hype, many projects appear. Many investors were active and are doing trading. It will take more time before this hype ends so we need to bear this till then.
The only solution is to use other network or adjust to smaller fee and wait longer for approval of transactions.. You can also try to do a good trade so fees will not be a problem since you'll only get it from your profit.

[torrantz]

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 ?

The only way that you can do to convert it into another coin that has better scalability. Im always converting my ethereum to the binance coin to get the low fees. You can do nothing about that as the fees will be determined by the network itself. It's better waiting for the traffic to go down before trying to create a transaction.

[pedpedped101]

It's high time we got a system for interoperability. Where coins on different blockchains are inter connected and that the only fee you have to pay is the native coin of the said wallet that enables that function.

[livingfree]

You don't pay for the commission, you pay for the transaction fee. And just like any other cryptocurrencies, we pay for a fee as we transfer.

Refer to https://ethgasstation.info/ if the fees are low or high for you. If it's low, transfer and if it isn't, wait until it becomes lower for you. But if you pay low, your transaction will be delayed or stuck just like the people that have shared it through posting it on the forum.

[Akiko]

There seems to be no solution to the high gas or transaction fee on the ethereum network. The only thing we can do is just try to avoid unnecessary transactions and wait for fee to go back down to normal ranges. If the high fee remains for more time it will not be easy for small traders, scalpers and flippers to survive.

And use other crypto currency for sending this is not a good time for ETH to send any transaction mostly if you are just small holders for ETH or any ETH platform tokens.  The fee is too much for low capital traders instead of earning you will lost money for sending as gas fees.

[poodle63]

The only way for you to avoid to pay the big commission when you are wanna creating a transaction in ethereum was waiting for the network to go back into the normal traffic. There was no ETA about when this will be happening and if you are wanna sending your amount from your ethereum wallet to another wallet and be patience until the network will be going back again to the normal traffic.

this time the fees are starting to go down again. There was no another solution except using another blockchain.

[mersal]

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 ?

If you lower the gas fee from recommended gas fee then the confirmation time will get longer and if it is too low then the transaction will get stuck for weeks or until you increase the price again using the same hash.

So if you want to pay less fee then better go for other altcoins which is more cheaper or wait for the ethereum to get back into normal.

[Kotone]

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 ?

Do nothing. Everyone is struggling to make transaction especially on uniswap cause the fee is let just say consist of big money. So if you have tokens traded on uniswap but have centralized market, then better to send that to those instead paying for a huge premium eth for a simple trasaction.

[Strongkored]

OP, If this is not urgent things, for example, you need money by selling ETH or Token based on ETH Chain then it would be better not to do right now, even if you choose a lower gas fee, it is still expensive because the difference is only around 30- 40 Gwei. But if your transactions is above $500 I don't think is matter for you to spend a high fee.

[tsaroz]

If you are not in a hurry choose a low commission. Just look for a safe low fees and put the fees manually. You can easily save about 75% of fees if you set it manually and are ready to wait some hours. Use DEX if you are exchanging it to an ERC20 token. The deposit and withdrawal fees would be cheaper that way. Avoid transecting ethereum if you are concerned about the fees. But still ethereum fees are not as high as that of bitcoin.

[carriebee]

This is much concern lately the fee that you will be paying for ethereum transaction is very high. Just like what others said you may opt to choose other coins to do a transaction. It's not commission and every transaction we make their is a fees to pay. Or else pay the low fees but it will takes longer to process and completed. You have an options and it's your choice to take.

[anu1908]

if you're trying to withdraw from exchanges and liquidate it into fiat, sell your eth to xrp or xlm as they're quite fast to withdraw with a very low fee. don't use eth for now. wait before the defi bubble burst and everyone is sane again (at least to some point).

[kindbtc]

The only solution seems to be waiting as ethereum network congestion is real.
I was thinking that it will be taken care of soon and a few days ago the fee did get low but it was quickly back up. Looks like there is no short term solution to this congestion.

[Chukwunonso]

if you're trying to withdraw from exchanges and liquidate it into fiat, sell your eth to xrp or xlm as they're quite fast to withdraw with a very low fee. don't use eth for now. wait before the defi bubble burst and everyone is sane again (at least to some point).

I just got to know that the reason for the high transaction fee in the ethereum blockchain is as a result of Defi projects. Its really bad for ethereum to have allowed the network to go this bad, scalability should be considered to accommodate for the increasing transactions. We never can tell when the Defi hype would end so its best for a long term solution to be effected.

[Crypto_lion]

I personally avoid doing transactions or trading in Dex when the fees is high. You can check 1inch exchange I heard that the fees are less there (not sure though).

[10BTCaDay]

Now you cannot reduce transaction commissions. it's all about the popularity of Defi projects and I don't understand why people continue to pay so much money.