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Author Topic: Erc20 tokens send fee  (Read 1795 times)
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August 13, 2021, 02:13:46 AM
 #201

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.
Ethereum gas fees were once much higher. But in the middle it was normal for a while but now it has increased a lot again. If you want to make a token transaction at a lower cost on erc-20 platform  then you have to wait for it to come down again

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August 13, 2021, 12:56:14 PM
 #202

You can set it low but warning don't set much lower the gas because your tokens will not arrive it would be fail transaction. There is no any other way to set lower, I think it's better to wait the gas to go down or if you really want to send your tokens right away then you must accept it, pay the expensive gas. I rarely transact erc20 tokens because of the gas.

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August 13, 2021, 03:00:49 PM
 #203

The ERC-20 token transfer fee has now increased again. A few days ago the fee went down a bit but now it has gone up again. There is no way to skip this extra fee. Can only wait until the fee is down. Ethereum's new development was London Hard Fork a few days ago. Hopefully the ERC-20 token transfer fee will be reduced very soon.
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August 13, 2021, 03:08:55 PM
 #204

I hope to be able to return to June and July when token transfer need low gas fees.
Hardfork is part of eliminating this problem, there is currently nothing we can do, in fact I need to pay at least $25 for gas fees at Uniswap, my current choice is to use the BSC network because their transactions require low fees.

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August 13, 2021, 03:44:18 PM
 #205

To take advantage of low fees on Ethereum when we want to make transactions is to continue to monitor the time that has a low Gwei, and you need to know if the market is going up of course the fees will also go up especially if during operating hours usually Ethereum fees will also go up because lots of people make transactions on Ethereum.

So just memorize starting from what time the GWEI fee on ethereum must be low.

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August 13, 2021, 04:15:08 PM
 #206

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.
Bro, use cross-chain projects and their bridges connecting Eth blockchain with yours. For example Near Protocol or Solana. With the help of their ecosystems, you can fool this huge fee system a little.
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September 10, 2021, 04:08:49 PM
 #207

Bro, use cross-chain projects and their bridges connecting Eth blockchain with yours. For example Near Protocol or Solana. With the help of their ecosystems, you can fool this huge fee system a little.
Yes, it is indeed a very good solution to save costs, but we also need to try other ways so that there are additional options when the bridge or method you say is having problems with their system.
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September 11, 2021, 05:23:00 AM
 #208

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.

ERC-20 are used not only on Ethereum but also on Polygon and different layers 2 where transactions are very cheap. For example, on Polygon I run transactions for less than 1 cent. I don’t like Ethereum because of big transaction fees. I prefer using some alternative cheaper variants. But if you prefer Ethereum, you should do your transactions on Friday’s evening when the activity is relatively low.

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September 11, 2021, 07:30:23 AM
 #209

Current gas fee is very high in Erc-20 tokes for gas fee.Every single transaction gas fee average 10$-15$ i think its too much high gas fee.I Think they will be Updated 2.0 and fix that problem. Then Erc-20 gas fee will be reduced. Erc-20 gas fee currently this year hige increasing high.
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September 11, 2021, 02:22:56 PM
 #210

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.

Yes, i think traders need to use the transaction fee between exchanges as low as possible to gain more profit from trading.
The more the transaction fee on the network, the more withdrawal fee charged. I think you should not using ethereum blockchain in your withdrawal.
Use other blockchain like tron or binance smart chain to get cheaper withdrawal fee.

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September 11, 2021, 02:43:07 PM
 #211

Current gas fee is very high in Erc-20 tokes for gas fee.Every single transaction gas fee average 10$-15$ i think its too much high gas fee.I Think they will be Updated 2.0 and fix that problem. Then Erc-20 gas fee will be reduced. Erc-20 gas fee currently this year hige increasing high.
if this condition run for long time i am believe slowly but sure traders or developers will leave ethereum platform.. at this moment there are several platform that have tiny network gas, and most of them could take investors attention. Binance smart chain , matic , solana now be most favourite platfrom to trade and make other transaction.
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September 11, 2021, 02:55:00 PM
 #212

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.

ERC-20 are used not only on Ethereum but also on Polygon and different layers 2 where transactions are very cheap. For example, on Polygon I run transactions for less than 1 cent. I don’t like Ethereum because of big transaction fees. I prefer using some alternative cheaper variants. But if you prefer Ethereum, you should do your transactions on Friday’s evening when the activity is relatively low.
Polygon have different network than ERC20 where very cheapest fees when sending coin Polygon network, I try last two day when made transaction with Polygon coin network just take under 0.1$ fees and still have few cent in my wallet after two transaction sending coin. Impossible enough use for sending ERC20 coin because you need minimum almost 10$ for each transaction of ERC20, if you use for swap you need above $50 and more depend which one coin do sell on Uniswap, I hope for the future have many coin launch not only with ethereum network but also could support other network like BSC, Polygon or could use Waves network have most cheapest fees too.
almost thought of poly network, so far ERC20 is expensive but there has never been any news so far of anyone breaking into it, there is a price for quality, security guarantees, and they make the link born from here. being ERC20 is good because many are successful.

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September 11, 2021, 03:55:35 PM
 #213

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.

ERC-20 are used not only on Ethereum but also on Polygon and different layers 2 where transactions are very cheap. For example, on Polygon I run transactions for less than 1 cent. I don’t like Ethereum because of big transaction fees. I prefer using some alternative cheaper variants. But if you prefer Ethereum, you should do your transactions on Friday’s evening when the activity is relatively low.
matic is new experience for me, but for the most users are not familiar in this network. i also used matic network in the first time,
isp tokens distributed in matic network to reduction network fees, i bridge my tokens with fees 0.000065 matic,
yeah interestingly cost is less than 1 cent.

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September 11, 2021, 04:00:57 PM
 #214

For developers of course ERC-20 is a better platform than BSC or others, but I think the high transaction fees make me think to switch to another coin which is cheaper transaction fees, today I tried to send ERC-20 based tokens unfortunately the fees transaction over $25 so I cancel
For small transactions, using the ERC network is very detrimental. even transaction fees can be more expensive than the price of the tokens that we will sell.
BSC so far is indeed better than ethereum if we look at transaction fees. but I see now ERC transaction fees are also decreasing slowly. and looks unstable. maybe this is related to the number of transactions that occur on the ethereum network.
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September 11, 2021, 06:28:04 PM
 #215

I think that you have no choice rather than waiting for the fees to decrease time to time. For example, I see the fees as $3 now. But on some days, it goes up to even $100 which is really scary. You should follow the changes in fees closely and catch the right time to make your transaction. Until Ethereum developers find a way to solve this high-fee problem, we will have to wait for it and benefit from the opportunities that I mentioned.

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September 12, 2021, 09:19:34 AM
 #216

Erc-20 transaction currently I don't think their are ways of sending with low fee, before I noticed that it was around 12-5am in the morning I always  run my transaction because it's always cheaper then. But currently the loweest price I have ever seen is 30$


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September 12, 2021, 11:13:04 AM
 #217

It is impressive to see that the gas fee has been dropped. It may not that be much but still, it's impressive that it has become half and even lower than the last time I've seen it's about 300+ gwei.
Erc-20 transaction currently I don't think their are ways of sending with low fee, before I noticed that it was around 12-5am in the morning I always  run my transaction because it's always cheaper then. But currently the loweest price I have ever seen is 30$
I don't know that there's a relation to the time but I'll check that with that time.

 
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September 12, 2021, 12:27:11 PM
 #218

I think only BSC, TRON, SOL, etc are lower transaction fee over ETH. It was long time that the transaction fee of Ethereum is the problem of investors because the gas fee is so unfriendly. More people thought that the update in London could solve the problem. But it didn't happen. The transaction fee is still expensive. As long as it is ERC 20 the transaction fee is high.

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September 12, 2021, 12:45:08 PM
 #219

If the coin is in Binance and the receiver is in Binance, try sending it as USDT, then when you are about to send USDT do not choose "Ethereum network", try to send it as TRC20 USDT because gas fee in Tron is a little bit cheaper chan Ethereum.


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.

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Alf_m.h
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September 12, 2021, 01:21:51 PM
 #220

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.

ERC-20 are used not only on Ethereum but also on Polygon and different layers 2 where transactions are very cheap. For example, on Polygon I run transactions for less than 1 cent. I don’t like Ethereum because of big transaction fees. I prefer using some alternative cheaper variants. But if you prefer Ethereum, you should do your transactions on Friday’s evening when the activity is relatively low.
Polygon have different network than ERC20 where very cheapest fees when sending coin Polygon network, I try last two day when made transaction with Polygon coin network just take under 0.1$ fees and still have few cent in my wallet after two transaction sending coin. Impossible enough use for sending ERC20 coin because you need minimum almost 10$ for each transaction of ERC20, if you use for swap you need above $50 and more depend which one coin do sell on Uniswap, I hope for the future have many coin launch not only with ethereum network but also could support other network like BSC, Polygon or could use Waves network have most cheapest fees too.
almost thought of poly network, so far ERC20 is expensive but there has never been any news so far of anyone breaking into it, there is a price for quality, security guarantees, and they make the link born from here. being ERC20 is good because many are successful.

For developers of course ERC-20 is a better platform than BSC or others, but I think the high transaction fees make me think to switch to another coin which is cheaper transaction fees, today I tried to send ERC-20 based tokens unfortunately the fees transaction over $25 so I cancel

it reminds us of counterfeit products, even though the new product was made by a former employee in the old product, it doesn't mean it's not good, it can even be better or compete fiercely, but we have to cut market prices to switch to new products so that after we have a name, the price will also be close, I hope this is just my fear.

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