Erc20 tokens send fee

[Brus123]

I don't know if this is the right place to post this but I want to know if there is some way to send erc20 tokens with low fee.
Current gas fee is very high particularly if one has to send too many transactions. Please if someone know any other way to send erc20 tokens with less fee, share with me and I will appreciate it.

Actually you don’t have to use Ethereum mainnet for ERC-20 tokens, as they are also connectable with different more scalable sidechains like polygon and binance smart chain, so you can use them instead. But you have to use bridges to connect different chains.
On the other hand, I don’t know how to help you with Ethereum. Maybe Ethereum 2.0. will give us a hand.

[ibuddy122505]

Only choosing lower gas price is the way to lower the transaction fee. I use MEW Android app and choose low gas fee when I made an ERC20 transaction. You can try it.

It certainly can, but the delivery will feel very slow and even very afraid of failure, because Gwei or Gas transaction fees on the ERC20 network always change in seconds, so low fees will cause very slow transactions.

We complain about higher costs for getting our transactions completed since not everyone can afford the high charges, so we're searching for more affordable options. Yes, low gas on Eth would be great. No matter how they do it, ETH2 is not going to bring much of a drop in gas prices until the blockchain is fully operational.

[capcaypro]

Only choosing lower gas price is the way to lower the transaction fee. I use MEW Android app and choose low gas fee when I made an ERC20 transaction. You can try it.

Of course this is an option but the problem is when the Gwei is always irregular which makes this a little risky and can fail.
but with the right timing I think this could happen maybe it will take a little longer than usual in the transaction process but this will be much more profitable.
but remember this is risky even if you want I can suggest this is done at night because it is always effective at night because at certain times at night sometimes gwei will experience a hefty drop and I've tried it several times and it works

[Stemru]

Is it worth waiting for a reduction in the erc-20 commission?

[mbakruroh]

Is it worth waiting for a reduction in the erc-20 commission?

If it is indeed a very high fee, of course we need to wait for a reduction in transaction fees. Moreover, using a swap exchange that costs twice the transaction fee, and twice confirmation of gas costs. Unlike sending tokens to a centralized platform or to a standard wallet, you only need to pay a one-time transaction fee.

[Rigon]

Ethereum platform tokens now have to pay much higher network fees than before. Ethereum network fee now is much more than ever before. A few days ago we could see the Ethereum network fee Much has come down. There is currently a 30-40 dollar network fee to transfer any tokens. What is the reason for the abnormal increase in Ethereum's network fee at present?

[sunce33]

Ethereum platform tokens now have to pay much higher network fees than before. Ethereum network fee now is much more than ever before. A few days ago we could see the Ethereum network fee Much has come down. There is currently a 30-40 dollar network fee to transfer any tokens. What is the reason for the abnormal increase in Ethereum's network fee at present?

Yes that is true, network fee is very high, because of that many transfer his token to binance smart chain.Maybe after fork all calm down again and fee go down.

[TastyChillySauce00]

Yes that is true, network fee is very high, because of that many transfer his token to binance smart chain.Maybe after fork all calm down again and fee go down.

The fee required for sending an ERC20 tokens keep changing day by day, it's unlike Binance Smart Chain where the fee looks significantly stable compared to ERC20 tokens but i think the fee depends on how crowded ethereum is, right now it seems very active because of the projects but then there will be a time where the fee is going down again. however seeing the fee, the cost is really far compared to Binance Smart Chain, maybe that's why the reason many people still in BSC.

[MusaMohamed]

Gas fees at 52 GWEI are very normal on the Ethereum network because when Gas prices are high, it can be up to 500 GWEI for one transaction, so just be grateful that currently everyone can make transactions only at 52 GWEI on the Ethereum network.

You can use Gas now: https://www.gasnow.org/ to check Gas price on Ethereum network. I see after the hard fork, Gas price changes more fastly than before the hardfork. The hardfork looks to help the network more volatile and prevent network congestion and too expensive transation fees.

I know gas price is still high and expensive now but with the faster retarget like this, it would be lower down soon.

[elisabetheva]

same situation i'm experiencing right now. there was a big buzz for ether update 2.0 but it fails to reduce fee. besides bnb still look stable  and well maintained. thats why erc20 tokens covert into bep20 but bep20 tokens still a few for trading. There are big number erc20 tokens under eth! so have to face high fee issue. you can't escape withing giving high fee while make a transaction

if it is true that eth 2.0 cannot make significant changes, one of which is the high cost. Of course, there will be a dilemma for the development of erc20, because all those who will carry out project creation are clearly on a platform that may be able to reduce high costs. because the high transaction fees are clearly very unprofitable, not to mention that the exchange itself also makes changes with minimal withdrawals etc. with a fairly high value, obviously this is not good for the development of new projects.

but I firmly believe that since erc20 is still so widely used it is certain that they will adapt too. because it could be like bnb will look for opportunities to be able to replace and not impossible even though it feels a bit difficult to do. but the possibility can happen and of course we don't want to because erc20 is still very much needed because the price of coins with the erc20 platform is still very good compared to other platforms.

[sirminesalot]

there is no way to avoid expensive fees bro,, even if you force to reduce GWEI by a small amount then you will fail to send the token, so as not to lose enough money just for fees then wait until gas is normal

Gas fees at 52 GWEI are very normal on the Ethereum network because when Gas prices are high, it can be up to 500 GWEI for one transaction, so just be grateful that currently everyone can make transactions only at 52 GWEI on the Ethereum network.

500 was the usual gas fee when ETH network were preparing for their development. But right now 50 is already too high, when the network is normal the fee will be around 15-30 only. I've been sending ETH lately for just 20 gas and delivered on under 5 mins, so just checking the gas periodically before sending the balance, it will have several moments when the gas fee is really cheap

[Rahman11]

I think only way for low transaction need settings before you transact your tokens, yes but it’s can be reduce to much time for transaction your tokens!  but it’s only way of reducing transaction fee.

[Rampagoe004]

For now, the price of gas ERC20 is very high so we need high costs in doing transactions, and the way to solve this problem is to set low gas costs but it takes time in doing this process, then it would be nice for now not to do transactions first because for the future ERC20 gas prices will definitely come back down, because for now there is development in the ethreum network that will switch to 2.0 we better just wait for a few weeks,and all will definitely return to normal.

[sunny28]

There is an active revision and improvement of the Ethereum network, over the past six months, the cost of commissions has decreased by 10 times.

In the future, there will be further updates with the arrival of which the commission will be even less, so we can only expect updates, but sooner or later the network will support a large number of processes and the commission will be minimal.

It is necessary that you understand that the greater the load on the network , the higher the commission. The more expensive ETH is, the more expensive the commission in $.

[smartaction]

I don't know if this is the right place to post this but I want to know if there is some way to send erc20 tokens with low fee.
Current gas fee is very high particularly if one has to send too many transactions. Please if someone know any other way to send erc20 tokens with less fee, share with me and I will appreciate it.

In fact, no one has the ability to control ERC-20 gas fees. When the amount of the transaction is as high.  Then the gas fee is also higher. It's depend in transcation. if you want to transfer your token for a low gas fee. You have to wait and follow gastracker all the time. When gwie amount goes down then you can transfer your token for low gas fees easily.

Follow Tracker - https://etherscan.io/gastracker

[cunguks]

I think only way for low transaction need settings before you transact your tokens, yes but it’s can be reduce to much time for transaction your tokens!  but it’s only way of reducing transaction fee.

ETH gas fees again increased if our expectation was fee will too reduce after launch hardfork but it’s already completed a few days ago. Now i think we see that in market another bull run and ETH price increasing up to 3000$+  This can reason fees is higher. Normally you can less in setting, But your transaction will pending for long time, So that's not a pair solution.

reducing the setting for transaction fees could end up a failed transaction. and we will actually lose the ETH balance in our wallet for nothing.
although now transaction fees have increased again, not as expected when the hard fork was done. we know it's because of the increase in transactions and the market price of ETH. this causes it all.

[budi12]

I don't know if this is the right place to post this but I want to know if there is some way to send erc20 tokens with low fee.
Current gas fee is very high particularly if one has to send too many transactions. Please if someone know any other way to send erc20 tokens with less fee, share with me and I will appreciate it.

In my experience, I have done transactions using the ethereum wallet (erc20) by making low transaction fees but it takes a long time to be successful. but at this time if we make a low gas set it will still be expensive because it can reach $ 15 / transaction. besides, there is no way to lower transaction fees. and in my opinion it's time for you to wait until the eth (erc20) transaction fees return to normal / low.

[Tahid12]

As I'm a trader, i need to trade daily. Something i do transactions tokens and coins from one exchange to another exchange. thats my daily trade routine but nowadays eth fee again raise so high. I waited for long but fee was increasing rather reduce but i need to transactions, so i did and i found, a large number of amount is gone with fee from my profit. that makes me very sad but there is no solution or trick to reduce fee.

[Lanatsa]

I don't know if this is the right place to post this but I want to know if there is some way to send erc20 tokens with low fee.
Current gas fee is very high particularly if one has to send too many transactions. Please if someone know any other way to send erc20 tokens with less fee, share with me and I will appreciate it.

In my experience, I have done transactions using the ethereum wallet (erc20) by making low transaction fees but it takes a long time to be successful. but at this time if we make a low gas set it will still be expensive because it can reach $ 15 / transaction. besides, there is no way to lower transaction fees. and in my opinion it's time for you to wait until the eth (erc20) transaction fees return to normal / low.

Lets just wait for the fees to come down as usual because those past or recent forks didn't really resolve that gas fee issues but lets see if it would happen in near future to come.

This is why I do mainly hate on trading or making transactions with erc20 tokens which the gas isn't really justifiable on the amount that you are transacting with.

Im involved with some NFT games and fees are just ridiculous for you to pay which would really give you no choice but to wait up for the fees to subside.

[nicolas1979]

I don't know if this is the right place to post this but I want to know if there is some way to send erc20 tokens with low fee.
Current gas fee is very high particularly if one has to send too many transactions. Please if someone know any other way to send erc20 tokens with less fee, share with me and I will appreciate it.

There is no alternative path to save gas fees on Ethereum blockchain transactions, we can only set the amount of gas fees in each transaction to be smaller. If the gas cost has reached the limit we set, the token will be sent. However, in most cases like this, failed transactions occur.