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Author Topic: I Feel Confuse !!!  (Read 633 times)
Wahyuihib (OP)
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February 07, 2021, 11:51:54 AM
 #1



when I looked at the gas content in my ERC 20 wallet it was not enough to send the alt I had to the exchange, because the gas fee were very high.
do you have a cheaper way to send tokens ??


share your opinion ,,please

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February 07, 2021, 12:11:52 PM
 #2

The only way for you to wait for the gas price to decrease, there's no other way to send your alt when you didn't have enough gas. It's blockchain.
You can do nothing about that if you are not willing to send more gas to your wallet. I think that's the point.

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February 07, 2021, 01:12:04 PM
 #3



when I looked at the gas content in my ERC 20 wallet it was not enough to send the alt I had to the exchange, because the gas fee were very high.
do you have a cheaper way to send tokens ??


share your opinion ,,please
there is no other way to make gas fees from Ethereum become low, because for now gas fees from Ethereum are very high and all you have to do is wait until gas fees from Ethereum become cheap, although we don't know when it will happen or maybe even gas fees from Ethereum could be more expensive than now.
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February 07, 2021, 01:14:08 PM
 #4

you should consider as a sort of "monetary privilege" be able to broadcast a transaction in blockchain. it means also that are you trying to exchange a very low volume in terms of value so no interesting at all to give a quick lane... as told, right now you can just wait fees will decrease.
but you are assuming double risk. fees will not decrease, your operation will not be profitable anymore!

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February 07, 2021, 01:17:14 PM
 #5

This morning Ethereum gas fees were below 90 gwei. Seems a good price, as earlier that week I’ve seen 250+ gwei for a normal speed transaction. I think “below 100 gwei” has become todays normal. I think we wont see below 80 gwei price in nearest future. So just get used to.

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February 07, 2021, 01:30:34 PM
 #6

Try to browse the topic below.
And follow the instructions there, hopefully it can help you to reduce ERC 20 gas.

Topic: Paying low fees in Ethereum - Gas Limit, Gas Price and Gwei
To determine what is the gas price, just check out this website
https://ethgasstation.info/

R


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February 07, 2021, 02:21:17 PM
 #7



when I looked at the gas content in my ERC 20 wallet it was not enough to send the alt I had to the exchange, because the gas fee were very high.
do you have a cheaper way to send tokens ??


share your opinion ,,please


Gas prices on Ethereum are hard to predict; they can be as cheap as 1 gwei or less at off-peak hours, while some transactions pay into the hundreds of gwei to buy into that juicy ICO or hit an order on EtherDelta before any other players. Users who need to be mined quickly or first often engage in fierce bidding wars, bidding wars in which using GasToken provides an enormous advantage by letting you perform the same transactions while spending less gas.

For more details see the following link.

https://gastoken.io/

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February 07, 2021, 03:12:11 PM
 #8

Everything about this high has fee is just bringing discouragements to use the Ethereum platform, because it doesn't really makes sense paying higher for fees, the funny part is that, there are even times that the gas fees will be so high that it will surpass the total worth of the token you are trying to send to an exchange. It just keeps getting higher and even when you wait for it to reduce it will still be high to some extent.
Well, currently, there is nothing that can be done about it, if you try to customise the gas fee, you will either be faced with a pending transaction or a failed transaction as a result of "out of gas" situation, while ending up losing the gas fee as well. My opinion is, wait for it to drop down a bit.

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February 07, 2021, 03:16:44 PM
 #9



when I looked at the gas content in my ERC 20 wallet it was not enough to send the alt I had to the exchange, because the gas fee were very high.
do you have a cheaper way to send tokens ??


share your opinion ,,please
No there is no cheaper way to send tokens since the tokens are running on Ethereum smart contract, you can either wait till gas fee goes lower or find a way to get more Ethereum to complete the transaction, right now Ethereum network is discouraging

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February 07, 2021, 03:31:04 PM
 #10

There is no way to send tokens with cheap fees nowadays, even if you use any wallet based on erc20 it will have the same result, the only way is you have to wait until the fees are cheap if you are impatient then you have to buy ETH

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takngantuk
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February 07, 2021, 03:45:18 PM
 #11

there is no other way, you just have to wait until this matter is passed. even vitalik couldn't do anything about this matter. The ethereum network is terrible, too congested, and this makes gas very expensive. forget for a moment the erc20 tokens you have, if you don't have enough eth to send them.
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February 07, 2021, 04:21:56 PM
 #12



when I looked at the gas content in my ERC 20 wallet it was not enough to send the alt I had to the exchange, because the gas fee were very high.
do you have a cheaper way to send tokens ??


share your opinion ,,please
there is no other way to make gas fees from Ethereum become low, because for now gas fees from Ethereum are very high and all you have to do is wait until gas fees from Ethereum become cheap, although we don't know when it will happen or maybe even gas fees from Ethereum could be more expensive than now.
Then why should people like us be happy about holding some tokens for bull season sake when we can't even send the tokens to exchanges? What's the wait for altcoin season all about? It makes no sense because if Ethereum gets to 2000$ the gas fee will even increase further

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February 07, 2021, 04:25:43 PM
 #13



when I looked at the gas content in my ERC 20 wallet it was not enough to send the alt I had to the exchange, because the gas fee were very high.
do you have a cheaper way to send tokens ??


share your opinion ,,please

I see there are many advising you to read this and that site or topic, I can tell you, until the price of ETH drops to $ 500, you will not be able to transfer your tokens to the exchange. As you understand, it all depends on the price of ETH, the lower the less gas.

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February 07, 2021, 04:36:03 PM
 #14

actually, there is a way to pay a fee with a small fee, one of which is to reduce gwei / gas before making a transaction. However, the risk of it is that the transaction process fails, and your eth will be reduced even if the transaction fails. I did that before, but I succeeded after 2x tries.

however, my advice at this point is to wait until the gas is completely normal. maybe wait for gwei below 100.

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February 07, 2021, 04:46:42 PM
 #15

I think you have 2 ways:
1:Change your wallet.there are many wallets on the internet you can see which wallets are better for Transactions.
2:waiting
yes,if you waiting these gas fees are make less and usually lower late at night at other times.

The prices are at it's peak and I think the bull-run will not be over too soon. The price of transacting in ERC-20 platform will remain high as the network gets clogged from time to time due to the huge volume of transactions. I used to use XRP before when moving my funds from one wallet to another since the transaction fee is cheap and it is fast. However, with the recent issue, I kept away from using XRP, not to mention it got delisted on some platforms.
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February 07, 2021, 04:51:46 PM
 #16

Wait until the blockchain not busy, its will decrease the gas fee a bit.
But since the Ether price is Rising, i dont think theres will be a cheap transaction fee anymore...

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February 07, 2021, 04:55:40 PM
 #17

There's no cheaper way to send your token, if you have not enough gas to send it and what you can do just only wait until the gwei will decrease but it looks like this time the gwei is starting to go back again to the what it should be. You may need wait until it will be around 70 gwei and you can send your token to the exchange site or another address.

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February 07, 2021, 05:07:42 PM
 #18

You can track gas fee of Ethereum here: https://etherscan.io/gasTracker

But keep it mind, Maybe, Gas fee of ETH and gas fee of ERC-20 not same.

If you make a transaction in ethereum blockchain then gas fee is required. Just wait for reduction.
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February 07, 2021, 05:13:46 PM
 #19

Thinking of this also but theres No way, Normal fees right now without smartcontract is $6 and with using sc almost 20-50 usd this is too much fees I wont try to send my tokens if this fees are huge killing all the profits we gain from trading in dex no way I will wait patiently till fees goes down normally  large eth miners are going to be very rich this year because of defi,
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February 07, 2021, 05:16:14 PM
 #20

In the past we only needed at least 0.001 eth to make transactions for selling tokens or coins in the market, but now precisely when the price of eth has increased quite high it has an impact on the increasingly expensive gas costs for transactions, imagine if we have to spend around 0.03-0.05 eth just for Doing token sales in markets such as 1inchi and also uniswap, isn't that quite a burden for us exchanger users today, I personally even have a few tokens that do have prices on the market but after I calculate the high gas costs it seems better to save these tokens and wait for the gas to experience a slight decrease in costs.

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