this eth congestion sucks almost 5 hours

[Galley]

With the situation we are seeing now, we can wait for the moment when the most dedicated followers of ETH will abandon it in favor of the BSC. Indeed, the impossibility of working on the Ethereum network is already beginning to enrage.

[ice18]

With the situation we are seeing now, we can wait for the moment when the most dedicated followers of ETH will abandon it in favor of the BSC. Indeed, the impossibility of working on the Ethereum network is already beginning to enrage.

This is not good for eth if they will not implement asap the needed eip 1559 as many believe its the only solution for now to this huge transaction fees erc20 token transfer currently costs you 15-40 usd depending on how fast you want it only rich people can afford this fees small retails investors cannot take this kind of fees anymore just dont use eth for now.     

[jrrsparkles]

i have sent some erc20 token to binance. now almost 5 hours still going. am really fed up with this.... bsc is the best and trc20...  eth sucks

Every network will be in the same way if the network becomes really congested so it is now happening in ETH, so users who wants to send ethereum and erc20 tokens need to set the gas fee as required to the current traffic on the network to avoid waiting for hours.

[livingfree]

It should be expected that ETH is very much congested. But days have passed and I think OPs transaction has already been confirmed.

With the situation we are seeing now, we can wait for the moment when the most dedicated followers of ETH will abandon it in favor of the BSC. Indeed, the impossibility of working on the Ethereum network is already beginning to enrage.

Soon we might see that. But everyone is also waiting for the 2.0 that's why there's no abandonment yet of ETH.

[mace15]

It happens when you do a transaction in eth network and also if you use low fees it will takes hours to confirm in your wallet. This problem of eth do exists even before that until didn't resolve. Others loves bsc network because of the small fees but when their is a massive users I think this could happen a congestion just like in eth network.

[FanEagle]

i have sent some erc20 token to binance. now almost 5 hours still going. am really fed up with this.... bsc is the best and trc20...  eth sucks

Unfortunately we are in a situation where ETH will not recover all by itself, people do have a "free market" situation where as long as you keep paying tons of money for transactions, you will keep increasing the price as well, and people are idiots who accept paying more than needed instead of waiting so the price keeps going higher and higher, or there are rich people who do not care about whats going on as well.

It means in the end we are living in a free world where people are free to spend 200$ on transactions if they want to, and that is not going to solve the problem, they are not going to just suddenly say "if we all stop for a while, the price will drop again" and this is why someone else has to take control of this. That is where eip 1559 comes into play and by this July it will be cheaper again and ETH will be just few dollars to move money around.

[TheGreatPython]

i have sent some erc20 token to binance. now almost 5 hours still going. am really fed up with this.... bsc is the best and trc20...  eth sucks

Everyone is facing the same problem and the depressing thing is that some tokens can only be moved on the ERC20 which means you either keep them which might mean loss of value on the token, either you send it with unwantedly high fees or just wait for days to confirm on the blockchain.

With the situation we are seeing now, we can wait for the moment when the most dedicated followers of ETH will abandon it in favor of the BSC. Indeed, the impossibility of working on the Ethereum network is already beginning to enrage.

I really pray new projects move to BSC or other chains like TRC because it will make space on the ERC20 and we can finally move our tokens and once I sell off my tokens which I hold on ethereum, I will never again buy tokens on this chain. I think with more tokens moving on either chain like BSC it might slow them down.

[Bitstar_coin]

Unfortunately this is what we have to endure as long as we have some erc20 tokens to transact, eth network has been a pain this days and I really can't wait to see a lasting solution from the team because if this continues to persist am afraid many people will suffer even more than we already are.

[Sled]

In the past few days, I also experience the same. Yeah, I keep waiting long more than 5 hours but still, it won't arrive and confirmed in the blockchain. Until such time it finally says, FAILed (out of GAS). But the problem is that my balance still deducted and I need to send for another ETH to increase the balance for the Gas Fee. Really disappointing but I need to do this as I need to catch the high price where my token can be traded.

Unfortunately this is what we have to endure as long as we have some erc20 tokens to transact, eth network has been a pain this days and I really can't wait to see a lasting solution from the team because if this continues to persist am afraid many people will suffer even more than we already are.

Really unfortunate, but that is the situation now. If we can't afford to pay high fees, then have to let it stuck on our wallet.

[coin-investor]

Really unfortunate, but that is the situation now. If we can't afford to pay high fees, then have to let it stuck on our wallet.

Or you can wait patiently and look from time to time when the gas is much lower you can use this tool to monitor the gas https://etherscan.io/gastracker or log in to your wallet or MEW, I have done it and it took me a week before I was able to send my coins to exchange, or you can wait July when Ethereum will try to resolve it.

[arjuna BTC]

i have sent some erc20 token to binance. now almost 5 hours still going. am really fed up with this.... bsc is the best and trc20...  eth sucks

increase the gas fee on your transactions mate
by the way, if you want to cancel your transactions, i think a trick on this article will help you my friend
https://info.etherscan.com/how-to-cancel-ethereum-pending-transactions

[blockman]

increase the gas fee on your transactions mate

The fees are a lot this time and others can no longer take it. Increasing the fee is really the solution to avoid stuck transactions but if it's a lot, you will feel bad because it shouldn't be that much.

by the way, if you want to cancel your transactions, i think a trick on this article will help you my friend
https://info.etherscan.com/how-to-cancel-ethereum-pending-transactions

Many days have passed, I think it's already confirmed unless he'll wait for it to be dropped by ETH network.

[CroBoy12]

Devs should release eip 1559 without asking anyone. That would solve so much things going on with eth.

[Twinkledoe]

increase the gas fee on your transactions mate

The fees are a lot this time and others can no longer take it. Increasing the fee is really the solution to avoid stuck transactions but if it's a lot, you will feel bad because it shouldn't be that much.

by the way, if you want to cancel your transactions, i think a trick on this article will help you my friend
https://info.etherscan.com/how-to-cancel-ethereum-pending-transactions

Many days have passed, I think it's already confirmed unless he'll wait for it to be dropped by ETH network.

The question is, how can you increase if the fee if it will be more than the worth of your tokens transferred? Not really practical these days to transact under eth network. Better park for now. However, this is bad for those token holders that wanted to trade their tokens before the price deep dive in the market. I really hope eth will address this prob much earlier than their target timeline.

[bittick]

Devs should release eip 1559 without asking anyone. That would solve so much things going on with eth.

The dev wants implement EIP 1559 but the problem is miners are against it while we know that this solution can be activated when there will be an agreement between all of miners to upgrade its client. A very difficult way for the users of ethereum platform to see the implementation of this solution.
Miners are only taking the advantage from the high fees

[bitLeap]

of course because at this time etherium began to decline rapidly and this made a lot of transactions that occur in etherium. because there are so many investors who want to buy because they are down and there are those who want to sell because they have already made a profit from their investment.

[Wawa2013]

Don't be too upset, because you are not the only one who has problems with ERC20 tokens transactions. Since DeFi projects hype and the price of Ethereum continues to rise, in addition to gas fees are getting higher. The transaction process is also taking longer, indeed the current alternatives
are BSC and ERC20 which can provide cheaper and faster transaction fees. We are all waiting for ETH 2.0 to be officially released soon, which can solve
the current high gas fees. Therefore, I decided not to withdraw the ERC20 tokens that I have now from my wallet, because of the high gas fees.

[blockman]

The question is, how can you increase if the fee if it will be more than the worth of your tokens transferred? Not really practical these days to transact under eth network. Better park for now. However, this is bad for those token holders that wanted to trade their tokens before the price deep dive in the market. I really hope eth will address this prob much earlier than their target timeline.

Not practical and in that case, you just have to wait until the network calms. If it's more than your token, you really won't have a choice but to wait until the dust settles.
For big transactions, you are delighted to pay a higher fee for your transaction to commence. Whilst for small amounts, you just have to wait until the fees get lower.

[criket]

The question is, how can you increase if the fee if it will be more than the worth of your tokens transferred? Not really practical these days to transact under eth network. Better park for now. However, this is bad for those token holders that wanted to trade their tokens before the price deep dive in the market. I really hope eth will address this prob much earlier than their target timeline.

Not practical and in that case, you just have to wait until the network calms. If it's more than your token, you really won't have a choice but to wait until the dust settles.
For big transactions, you are delighted to pay a higher fee for your transaction to commence. Whilst for small amounts, you just have to wait until the fees get lower.

if you do not want to spend more money, of course, waiting is the better choice.
but ethereum GAS cost movements are actually moving quite fast. sometimes we need $ 6-9 or more for each ethereum token transaction. but at any given time we can see Gas dropping rapidly to $ 3-6.
but what I see is, even though the transaction fee goes down, we still have to have a balance of at least 0.01 ETH in our wallet to send the tokens we have. if we don't have it then an error will occur when we enter the Gas cost. or even when delivery occurs, our eth will only be lost when the transaction fails because the gas used is too small.

[blockman]

The question is, how can you increase if the fee if it will be more than the worth of your tokens transferred? Not really practical these days to transact under eth network. Better park for now. However, this is bad for those token holders that wanted to trade their tokens before the price deep dive in the market. I really hope eth will address this prob much earlier than their target timeline.

Not practical and in that case, you just have to wait until the network calms. If it's more than your token, you really won't have a choice but to wait until the dust settles.
For big transactions, you are delighted to pay a higher fee for your transaction to commence. Whilst for small amounts, you just have to wait until the fees get lower.

if you do not want to spend more money, of course, waiting is the better choice.
but ethereum GAS cost movements are actually moving quite fast. sometimes we need $ 6-9 or more for each ethereum token transaction. but at any given time we can see Gas dropping rapidly to $ 3-6.
but what I see is, even though the transaction fee goes down, we still have to have a balance of at least 0.01 ETH in our wallet to send the tokens we have. if we don't have it then an error will occur when we enter the Gas cost. or even when delivery occurs, our eth will only be lost when the transaction fails because the gas used is too small.

And that's why as you have said it's better to wait, the solutions are on their way, and the developers of Ethereum are already working on it to solve this massive fee problem that Ethereum is experiencing.
Before doing a transaction, make sure that you have enough fees and you're not paying more than the token that you're about to send.