Insane Gas Fees

[VanDeinsberg12]

Wait the gas decreased a bit, you can do it with half of it or cheaper. Check it this time, now its "really cheap" for you if you want to transfer your erc20.
~snip

I remembered that day when 90 gwei is already considered as cheap and not this ridiculous 120 gwei  
. However, as I've observed the fee required for ethereum transaction varies a lot between time to time within minutes. maybe we can set current fee to 90 gwei because recent block also have that median fee but it doesn't guarantee that our transaction gonna get confirmed.

[triat]

Wait the gas decreased a bit, you can do it with half of it or cheaper. Check it this time, now its "really cheap" for you if you want to transfer your erc20.
~snip

I remembered that day when 90 gwei is already considered as cheap and not this ridiculous 120 gwei  
. However, as I've observed the fee required for ethereum transaction varies a lot between time to time within minutes. maybe we can set current fee to 90 gwei because recent block also have that median fee but it doesn't guarantee that our transaction gonna get confirmed.

That's right, but not long ago when I buy hydradx on balancer exchange and cost fee = 150 dollars. It's cursedly, but when I read twitter: Refund gas for every buy transaction for everybody) And this amazing news for me.

[TopTort777]

All of you wants token price to be as high as possible, but transaction fee to be low as possible. Was it ever like this? Just drop ethereum price back to 200 usd and you will see good old <1 usd fees. Or am I wrong? With great money, that came to crypto, be ready to pay huge commisions. They will never be agains like years ago. Rich people or people that earn enormous money by trading, dont care if the fee is 1 usd or 100 usd.

[jamalaezaz]

That's not normal at all. Even my fastest transaction only cost like $20 compared to yours.



If you think you can use other platform, then do so because sometimes, Metamask eth gas fee is absurd. I you don't follow their standard fee, your transaction won't process at all.

what OP showed doesn't seem normal to me either. but 2 days ago when I tried to remove my liquidity from Uniswap it showed me the 3 Gas and the slowest one was $250. so I assume the GAS price is different for different things and tokens. removing liquidity from uniswap and sending a token are 2 different things.
maybe OP has some problem with his smart contract or something. otherwise, the fee shouldn't be that high at all.

[VanDeinsberg12]

this may be time for you to switch to the bsc network until when eth has become v2 and is running a proof of stake network
Seeing ethereum fees are very high I stopped using ETH for a while and switched to bsc and many people already starting use bsc.

Welp I hope most of erc20 tokens also have other blockchain version like how USDT and BUSD got their tron version but that's impossible since they aren't stablecoin.
The only problem most of us erc20 and eth users face when it comes to migrating to other blockchain is the fact that our asset is like imprisoned to eth blockchain by the fee, the only thing left for us is to wait 4 months I guess.

[Iyeman]

your complaint is the same as mine, I want to sell my tokens, and if I sell them I get $ 60 but the gas cost reaches $ 50, that's really really crazy, so I can only hold my tokens until the price really goes up.  in order to cover the very expensive gas costs.

That's why so many people are getting frustrated to see the fees, If you are exchanging more than 1k and that is still worth but for people who wanna try to convert less than 300 USD and that will never worthed anymore due to this non-sense fees. I wanna send a token that worth $30 and the fees was more than $100 a few hours ago.
Day to day and ethereum fees become even crazy than before. No chance for small users to send their tokens.

[Bitloca]

It's hard to believe that your gas fees reach more than 3900$  try input gas fees manually by using advanced option, maybe it can help you to transfer your tokens. When this crazy gas fees increase normally I paid around 25-70 for each transaction, wondering how do you get that insane fees 

The team said that they will review their smart contract and asked us to hold the token until further notice. They plan to change their smart-contract to BSC, where the fees are lower and faster. Well, this is a wise decision, but why not use BSC from the start, right? LOL

[Traderbtcc]

I plan to transfer DEGO tokens to my wallet, and see how much it will cost me for fees alone. This is driving me crazy 

are you for real right now? I know Ethereum transaction fees are crazy nowadays, but I didn't expect it to be this high, honestly have never seen any gas fee this high,this is way too much for just one transaction, are you sure it's not a mistake from the network, it could be because that's way out of the line, quit the page then maybe try it again later, even the gas fee is still this crazy, I heard you can now claim DEGO on BSC, here's proof : https://docs.dego.finance/modules/bsc/why-bsc

[Bitloca]

I plan to transfer DEGO tokens to my wallet, and see how much it will cost me for fees alone. This is driving me crazy

When you try to claim, the transaction fee will show a lot, but it will not deduct that much. It will take much less than what is shown.  You can try. However, claims can often fail. If you try two or three times, it will be done. And as far as I know, today is the last day to claim.

Well, I better wait until further information from the DEGO Team, because they said they would change their smart-contract to BSC, where fees are cheaper and faster.

But, do you also take part in this bounty?

[gs25]

Ethereum is too old, the architecture is absolutely not scalable. I don't fancy paying hundreds of bucks for my transactions.

[meldrio1]

What the? that is so crazy how you end up that high gas fee? the eth 2.0 is really failure, I thought this can solve to lower the gas fee but still the gas is so high. I don't think if someone willing to pay $4k fee just to transfer their ETH or a token..

[Bitloca]

What the? that is so crazy how you end up that high gas fee? the eth 2.0 is really failure, I thought this can solve to lower the gas fee but still the gas is so high. I don't think if someone willing to pay $4k fee just to transfer their ETH or a token..

If someone were to pay 4K USD for a transaction that was worth hundreds of dollars, I think he's crazy. Lol

[reza7777]

Is screenshot OP serious? because on February 20 I also made transaction but did not find gas costs like that
For OP, did you use the same GWEI as https://etherscan.io/gastracker at that time? or are you making GWEI much bigger?

[slaman29]

The issue of high transaction fees is now all over the blockchain network,  I try to send some bitcoin and on checking the transaction fees it surpassed the amount I wanted to send so I just have to canc6the transaction.

Even the big companies are now halting their withdrawals and making it happen in batches or charging higher fees now. I still think sending BTC on your own is okay, if you don't use many inputs, but I can imagine ETH is painful now for smart contract transactions I saw it's $100 for reasonable timing which is frankly, not right:)

[Bitloca]

Is screenshot OP serious? because on February 20 I also made transaction but did not find gas costs like that
For OP, did you use the same GWEI as https://etherscan.io/gastracker at that time? or are you making GWEI much bigger?

I'm serious and don't manipulate anything. You can ask other hunters who hold DEGO tokens, they also complain about the same thing.

[acener]

The gas fee are changing rapidly I just check a few hours ago it was around 110 gwei then after a couple of hours it was around 400+gwei and now the standard gwei is only at 272 gwei.
I think it is better to wait for it to drop down so you could save up some ETH if your transaction isn't in a rush.
P.S I am checking the gas fee at https://ethgasstation.info/

[fia_naila]

And that is what makes ethereum unpopuler now and many developer and eetail investor move to BNB and project in BNB, and also happen to polkadot. I also hate those fees it is like ethereum is only for big investor now. And minimum investment arround $10k then uou can cover your ethereum fees.

[kzel2226]

I plan to transfer DEGO tokens to my wallet, and see how much it will cost me for fees alone. This is driving me crazy 

ethereum gas so high bro why beacuse of eth also price going up also same on bsc chain the bsc gas is going up also beacuse of the bnb going high price lets wait the network of holo chain they do the they holo network ithink the gas in there will be low.
ihope eth adjust the network fee transaction when the ethreum price is high

[disconnectme]

This issue with Gas is something that cut across everyone, I wanted to buy SFI today and when I saw the transaction fees I needed to pay I decided against buy the token, if it cost $6 to send Ethereum then you will need to pay $40 or more for ERC20 transfer and even higher, if Uniswap wants to retain their 1 number spot they need to deploy their Platform on L2 now or another project with better solution to this transaction issue will come up and take their spot

[zasad@]

$ 50 if during the swap process you interact with one smart contract, for example, an Ethereum - token.
If the exchange takes place according to the token-ethereum-stablecoin scheme, then the amount will be much larger.
It is better to set the commission above the average, otherwise there is a chance of getting a Fail with error transaction.
This often happens when the smart contract does not have enough gas limit.