Iyeman
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February 07, 2021, 05:51:37 PM |
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I know that the tx fees is too high to send the small amounts of tokens. You must be patience to send your token. It's not only you but I'm still waiting for the fees to go down again consider I don't have enough gas to send my transaction. In ethereum, there's no accelerator that can push the transaction. We must wait until everything will be normal again and the fees will be very cheap again to send the tokens You can send your token use minimum gas cost but it takes a very long time to be confirmed.
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Mpamaegbu
Legendary
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Activity: 2884
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Once a man, twice a child!
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February 07, 2021, 07:11:06 PM |
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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 really don't think there's any other way out than to wait for a time the gas fee will drop. Most times it's usually when there's less traffic on the ETH chain. The time, for me, is usually midnight in my country. I don't know whether it's coincidence or what but I have come to notice that whenever I send any cryptocurrency (Bitcoin inclusive) it goes without delay and miners' fees are reduced. May be OP should find out what works for them. However, honestly this exorbitant and exploitative gas fee is killing the ETH mojo. No?
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nykka
Member
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Activity: 252
Merit: 11
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February 07, 2021, 07:28:23 PM |
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Unfortunately, there is no other way, all you need to do is to wait. Ethereum fees are really incredible. There is little lifehack how to spend less money on fee in current situation. Gas price is always lower on the weekend at night. Also you can use Ethereum Gas Price Extention. It will let you check online gas price directly in your browser
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Maackayon1
Jr. Member
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Activity: 60
Merit: 1
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February 07, 2021, 08:11:22 PM |
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i think now is not the time to sell tokens that dosent have a high value that will cover the huge gas fee. alot of people keep waiting for gas fees to drop which no one knows when that will happen. its either you hold your token or you pay the high fees.
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passwordnow
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February 07, 2021, 10:00:47 PM |
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Is that token you're about to send worth to be used with high gas fees? if there's no volume for that token, you shouldn't effort sending that elsewhere just to save time and fees as well. But if you have to and there's quite sum of money you'll get upon the transfer, always be prepared and check: https://ethgasstation.info/To calculate the fees, I think 146 gwei is quite lower at this time unlike 200+ that I've seen last few days ago.
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cahkalem
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February 07, 2021, 10:21:27 PM |
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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
you should wait until the gas fee decreasing, or you can add more ethereum in your wallet address so, you can pay the gas fee to send your tokens to exchange maybe thats the only solution
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molsewid
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February 07, 2021, 11:16:34 PM |
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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 don't know what is the alternative way for that, many people are suffering due to high gas price in every transactions that's why most of the people are waiting for eth 2.0 and some chooses binance smart chain for faster and cheaper tx fee. Wait for the gas to subside so that you will no longer pay for high gas because it is really painful to pay that because sometimes the gas is lot bigger than the amount of coin you are holding.
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GreekCoiner
Newbie
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Activity: 62
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February 07, 2021, 11:20:08 PM |
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You don't have to wait or something. It's simple. If you don't want your transaction to be verified fast and pay these extreme fees, just select a low value like 60-70 gwei or lower, send the transaction and once gas price falls low, your transaction will be confirmed.
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AmoreJaz
Legendary
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Merit: 1104
Leading Crypto Sports Betting & Casino Platform
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February 07, 2021, 11:25:48 PM |
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Is that token you're about to send worth to be used with high gas fees? if there's no volume for that token, you shouldn't effort sending that elsewhere just to save time and fees as well. But if you have to and there's quite sum of money you'll get upon the transfer, always be prepared and check: https://ethgasstation.info/To calculate the fees, I think 146 gwei is quite lower at this time unlike 200+ that I've seen last few days ago. thats what am thinking here. is it worth to pay high gas fees for the token that he needs to get out? because if not, better wait for the timing that eth network is not so busy. but if he can't wait, then he can always send more eth to his wallet. that is, if he is willing to pay the high gas fees.
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marilynmanson21
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February 08, 2021, 04:11:32 AM |
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There are only two ways to make gas costs cheap, first you have to monitor the cost of ETH gas at any time, because there is a situation when gas costs suddenly become cheaper, and when that happens you can make transactions. and secondly you only need to hold a token from the TRON network, because the TRON network transaction fees are very cheap. Even in the case of USDT the transaction fee is 0.
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passwordnow
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February 08, 2021, 10:40:21 PM |
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Is that token you're about to send worth to be used with high gas fees? if there's no volume for that token, you shouldn't effort sending that elsewhere just to save time and fees as well. But if you have to and there's quite sum of money you'll get upon the transfer, always be prepared and check: https://ethgasstation.info/To calculate the fees, I think 146 gwei is quite lower at this time unlike 200+ that I've seen last few days ago. thats what am thinking here. is it worth to pay high gas fees for the token that he needs to get out? because if not, better wait for the timing that eth network is not so busy. but if he can't wait, then he can always send more eth to his wallet. that is, if he is willing to pay the high gas fees. He didn't replied to this thread and he hadn't been online since yesterday. If the few is unacceptable, they always have the choice not to choose to pay the recommended. You're right that they can wait until the network becomes lite and can pay the fees that it shows at the cheapest that it can.
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hari9981
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February 08, 2021, 11:44:23 PM |
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There are only two ways to make gas costs cheap, first you have to monitor the cost of ETH gas at any time, because there is a situation when gas costs suddenly become cheaper, and when that happens you can make transactions. and secondly you only need to hold a token from the TRON network, because the TRON network transaction fees are very cheap. Even in the case of USDT the transaction fee is 0.
Im also prefer TRC20 over ERC20, the high gas fee issue is not worth anymore. Even ETH 2.0 which will come, i dont think they can solve this issue since the Ethereum Blockchain is really busy at this moment.
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kram31
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February 08, 2021, 11:53:04 PM |
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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
It can't be stop, so instead of complaining about the fee if you earn high like 1000$ profit then gas fee 20$ you still get 980$. This is the cycle of the cryptocurrency dude. So, my motivation is trade and trade then when the price dump I will buy the dip just like a simple thing rolling capital.
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MCobian
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February 08, 2021, 11:53:31 PM |
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It is annoying that Ethereum transaction fees are currently high, especially since the Ethereum price is also being pumped. So it requires quite a lot of gas fees if you want to send tokens to the exchanges from the ERC20 wallet. So there is no other way but to be patient and wait until the gas fees fall back down. I even have some tokens that have been in my ERC20 wallet for a long time due to the problem of high gas fees. Moreover, the number of tokens we want to move is not too many, it is better not to move them from the ERC20 wallet first.
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marilynmanson21
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February 09, 2021, 12:40:52 AM |
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It is annoying that Ethereum transaction fees are currently high, especially since the Ethereum price is also being pumped. So it requires quite a lot of gas fees if you want to send tokens to the exchanges from the ERC20 wallet. So there is no other way but to be patient and wait until the gas fees fall back down.
This is a problem that many people complain about, the only solution is that you have to wait for the right time when the gas fees go down and then you swap use uniswap or send it to exchange, after that if you want to hold tokens I suggest you only hold tokens from the TRC20 network or BSC network, because of the fees of both networks it's very cheap.
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oemar bakrie
Full Member
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February 09, 2021, 06:10:46 AM |
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What I experienced was that every gas we had to spend to send tokens was different.. my way so that it doesn't always fail, I see how many of these token transactions have been successfully delivered.
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jacafbiz
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February 09, 2021, 06:17:04 AM |
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There is no way to send the transaction until the gas price comes down, it is more of demand and supply. Few they ago I want to transaction on UNIswap and the fee was $90, I just need to wait till the price come down to $30 range. I just hope some of these developers see this as a big issue if they really want adoption
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zerogrown
Newbie
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Activity: 42
Merit: 0
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February 09, 2021, 07:52:44 AM |
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The real problem for ETH, high gas fees. Theres nothing you can really do. ETH is a good hold right now seeing its move on the cryptomarket. Its volume sure is still moving up considering the DeFi and ETH 2.0 launch. Dont get all confused about it.
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LogitechMouse
Legendary
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Activity: 2618
Merit: 1061
Need A Campaign Manager? | Contact Little_Mouse
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February 09, 2021, 08:08:16 AM |
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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
You have 2 choices right now when you want to transfer ERC20 tokens from one into another. 1. Not to exchange at all. 2. Close your eyes while clicking the Confirm Button and think that nothing happened . Right now, ETH gas fees are very high that people who are transferring small amounts can't afford it. Right now it is $5.84 on Etherscan and still it is very high if you will ask those small traders out there. If you are transferring small amounts though, it would be better if you will just wait for the fees of ETH to go down but I doubt that it will happen. Your choice .
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lousie9
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February 09, 2021, 08:17:50 AM |
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There are several altcoins with very low postage such as Trx and Waves. I have used these two altcoins for shipping costs and I also have some small erc20 tokens but I can't use them because the eth gas costs are very high and not worth the selling value of the tokens I have, so can only wait for eth gas down.
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