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Author Topic: Tron alternative options ..  (Read 250 times)
qazgroup
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December 27, 2020, 08:11:42 PM
 #21

Due to the high cost of ethereum in transactions, every time I make a withdrawal, I always use TRON, as the main choice because of the small cost.
what do you think, are you also doing the same thing?
I think a huge number of community members are doing this to avoid high gas fee and this has really shown us the value of tron as an alternative platform because I have always found its transactions to be cheap and fast so im enjoying tron network for transfers.

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January 05, 2021, 06:49:38 PM
 #22

I never have used TRON actually. I use XRP for large withdrawal transactions. ETH transaction is really too high but for a small amount, I use ETH. I will give try with TRON next time.
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January 05, 2021, 06:53:33 PM
 #23

Due to the high cost of ethereum in transactions, every time I make a withdrawal, I always use TRON, as the main choice because of the small cost.
what do you think, are you also doing the same thing?

If transaction fees and speed are the only concerns, Dogecoin and Litecoin are some widely accepted coins with low fees. Tron surely is a good option and there are some tron based tokens that are virtually free to transact and many exchanges even provides zero fees withdrawal. There are many other cheap and fast coins like nano but it's not that widely available in exchanges.



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Rainbot
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January 05, 2021, 08:45:23 PM
 #24

You are not the only one employing this, some people see the fees on ethereum as too ridiculous and move their funds using Tron, at times when I want to move funds from exchange to exchange and see huge the need to reduce my transaction fee, I first convert the funds to Tron and convert it back to BTC on the other exchange


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yohananaomi
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January 05, 2021, 10:51:24 PM
 #25

I never have used TRON actually. I use XRP for large withdrawal transactions. ETH transaction is really too high but for a small amount, I use ETH. I will give try with TRON next time.
what you do is very good, always looking for alternatives that might be used but I stick to ethereum and even if it's still high then I agree to do an alternative with XRP which can and is good to do and many have tried it. This will affect the future for Ethereum if it does not want to improve to change to its original goal.
I haven't and didn't expect to try TRON for now.

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January 06, 2021, 05:45:59 AM
 #26

Litecoin and XRP transaction fee are good too, these are perfect alternative to Tron, presently Ethereum is hurting me, I can't sell some of my ERC20 tokens that costs around 20$ to 100$ because the transaction fee for sending is over 12$ to 19$, this is insanely crazy, I'm wondering what it will be like when Ethereum surge over 1500$

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January 06, 2021, 06:36:19 AM
 #27

Litecoin and XRP transaction fee are good too, these are perfect alternative to Tron, presently Ethereum is hurting me, I can't sell some of my ERC20 tokens that costs around 20$ to 100$ because the transaction fee for sending is over 12$ to 19$, this is insanely crazy, I'm wondering what it will be like when Ethereum surge over 1500$

TRON is not only about low fees. It has TRC20 tokens which is almost the same as ERC20, but with much lower fees. The only problem is that there are not so many popular tokens on TRON, but it can be solved with crosschain transfers between Ethereum to TRON.

Check our TofuDefi project, we are going to solve this issue.

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sotoshihero
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January 06, 2021, 06:50:45 AM
 #28

Due to the high cost of ethereum in transactions, every time I make a withdrawal, I always use TRON, as the main choice because of the small cost.
what do you think, are you also doing the same thing?

If transaction fees and speed are the only concerns, Dogecoin and Litecoin are some widely accepted coins with low fees. Tron surely is a good option and there are some tron based tokens that are virtually free to transact and many exchanges even provides zero fees withdrawal. There are many other cheap and fast coins like nano but it's not that widely available in exchanges.

I agree TRON is already a good option but I can vouch for another coin XRP. Though XRP is now under siege, we can't deny that it's a fast, reliable, and cheaper alternative for various transactions. I usually used XRP since it is supported by our local exchange but now that its future is full of uncertainty and some delisting from other exchanges, I don't know what's a better alternative to use locally.
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January 06, 2021, 07:13:17 AM
 #29

That's true and it makes everything easier for everyone, instead of paying unnecessary fees for transactions irrespective of the amount, it is just better doing so with Tron and it is also fast as well, but the only issue is, it is limited to some coins; that is, assuming it is a coin you want to hold and it is not possible through Tron blockchain, then you will have to pay the needed fees. Also, just to add as well, in cases where it is not possible with Tron, there are other coins with lower transaction fees such as XLM. I just hope the Ethereum 2.0 will be able to do something good about the transaction fees, because it is not getting funny any longer, spending high amounts on transactions fees will only bring about discouragements.

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January 06, 2021, 02:11:22 PM
 #30

Due to the high cost of ethereum in transactions, every time I make a withdrawal, I always use TRON, as the main choice because of the small cost.
what do you think, are you also doing the same thing?
Yes, that's one of the things that contributes to alt season. Transactions fees get too high so people start using alternatives.
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January 07, 2021, 03:26:20 PM
 #31

During the high ethereum gas costs and high exchange costs as of late I have somewhat changed to tron too where ever I could and there is clear contrast the exchanges are modest and quick generally I paid only 1 tron as expense which resembles almost zero. So I think tron is incredible other option and prepared for adiption I see large future for tron.

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January 07, 2021, 03:35:48 PM
 #32

Here are the altcoins with cheapest transaction fee that I have used in the past, the number is high though cos some are not top altcoins, like apollo currency and metacoin for example but here are top altcoins with cheapest transaction fee

1. Dogecoin
2. Tron
3. Litecoin
4. XRP

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January 07, 2021, 03:37:22 PM
 #33

If Ethereum reach a new all time high this time around it will be a big problem for small investors to make transactions on Ethereum blockchain most especially the tokens (smart contract), the gas fee is the only let down affecting Ethereum blockchain right now

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