insane fees on eth (uniswap)

[ZAINmalik75]

Afcours you are right  transaction fee are extremely high on Uniswap as compare to bsc chain Dex exchanges .really I am so afraid of this too extremely high transaction fees. I stopped all my transaction due to high fee and now waiting for low transaction fees if it goes down it will be a great chance for me to done all my transaction .

[rahmathidayat93]

Afcours you are right  transaction fee are extremely high on Uniswap as compare to bsc chain Dex exchanges .really I am so afraid of this too extremely high transaction fees. I stopped all my transaction due to high fee and now waiting for low transaction fees if it goes down it will be a great chance for me to done all my transaction .

Apart from waiting for the low fees at Uniswap, there is really no way everyone who wants to make transactions there, but waiting too long is also very annoying and the price of the tokens we already have won't necessarily last as long as it is today.

[mdzahed134]

I had uniswap experienced and until now it was an expensive learning. I lost my valuable ether with this stupid exchange. I was trapped but released this problem when I moved pancakeswap. I learned my lesson and you guys need to do your homework before moving your crypto around.

In fact, no one wants to be use this exchange due to lots of fee  also my experienced was so much terrible. A lot of new projects listed no more than one exchange so one kind of trap to use this exchange but undoubtedly it’s quite popular decentralized exchange right now.   

[noormcs5]

It's all to blame for the fall of bitcoin from 63,000 to 50,000 this morning, people in a panic began to sell their cryptocurrency, which provoked a high commission for gas.

Is it worth the blame for Bitcoin in these conditions when Bitcoin has provided many benefits for everyone in the crypto space? if indeed a lot of people panic selling their cryptocurrency, then the ones to blame are those who always panic and sell their cryptocurrency right now, not Bitcoin.

In these situation of panic, people sell both bitcoin and altcoins because of the fear. Bitcoin may drop 10 percent but the rate of altcoin dump is much higher than bitcoin. Almost all the altcoins were in 20-25 percent in dip, when bitcoin dumped to 51,000$ a day before.

[bitterguy28]

Recently i have done tx on uniswap. The total fees cost goes 50-80USD. noramlly compare to binance smart chain its huge.

anyway there is "Approve" and "swap" . each there are charging. why there are two things , means approve and swap,

there need to eth 2.0 or BSC needy to replacement this insane network fees... I really fedup

Its not only in Uniswap but in every transaction factor.

In gambling site too much fees , In trading platform too much fees.

Even transferring from friends to another friends High fees.

Maybe this is time to leave Using Ethereum and try to divert in other altcoins.

[repear7]

I don't know ETH v2 can reduce transaction fees. But, I hope too. Transaction fees in ERC-20 tokens and uniswap is too high. Sometimes uniswap swapping cost: $150-$200 for a single swap.

[makishart]

well that's what I see, because erc fees are very high compared to bsc, people will switch to using bsc in the near future and it will increase if eth doesn't do anything, the only way possible is to run eth v2.0 as fast as possible.

They already moved since a few months ago and you can see that on the BSC if the total creation for the new addresses were increasing so high.
Why didn't you aware about that while this happened since the first quarter of this year?

Ethereum is decentralized and that needs the time to execute the solution that already proposed on ethereum github. That can't be done instantly because this is a decentralized protocol.
You will see that next year. 

[fahmimajannat]

Eth fees have decreased but the uniswap fee is much higher i dont no why uniswap is charging more.
Maybe they have no idea how much fee we have to give. Its ridiculous. Most if the people can't even sell or buy tokens because of their small investment.

[Roidz]

Eth fees have decreased but the uniswap fee is much higher i dont no why uniswap is charging more.
Maybe they have no idea how much fee we have to give. Its ridiculous. Most if the people can't even sell or buy tokens because of their small investment.

Until now, I still keep some tokens that are only listed on Uniswap, and as you said, the transaction fee which is quite expensive is my reason for not selling the token and it is better to wait if the token will be listed in other markets that do have fees. exchange is standard, currently to exchange at Uniswap it takes a minimum of $ 83 and that is a high fee for us as bounty hunters.

[no-ice-please]

Basically, ethereum CEO is more like playing with investors feelings becasue they promised us to bring down the fees of ethereum transaction after the upgrade but what we saw after the upgrade wasn't what we bargain for. Ethereum fees still on a very high side and if time not taken most of their valuable investors are likely to join the Binance Blockchain IMO. Until the fees are reduce, other exchanges won't  reduce fees and the network will likely to surfer patronage.

It is not about playing with our feelings, it is about rolling out a solution at scale without jeopardizing the security and integrity of the network. That's hard to do, much harder than when you start from zero like BSC.

It means the Ethereum team has not found the solution of high gas fee problem now.
The high fees on Ethereum network can be caused by few things, high volume transactions and high eth price.
As we know that the ETH price is very high at the moment and if we compare with BSC, it is clearly cheaper in BSC because the transaction volume still not as much as Ethereum network, and the BNB price is also cheaper than ETH price.

Finding a solution and implementing a solution are two very different issues! Even if you found a solution, as I mentioned before, you need to find that right strategy and you need the backing of the users in order to be able to securely roll it out. Now look at how large the network has become. You need to include all relevant players in order to not risk to screw it up. That's a classic coordination problem.