Erc20 tokens send fee

[nightwishx]

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.

You can customize the lowest possible fee, but you need to know that the greater the fee you use, the faster your transaction will be processed, as well as if you use a low fee your transaction will not be processed. If you want fast transactions and low fees, wait for ETH 2.0 to run.

Yes, but since erc20 is the eth protocol, even though no matter how low you set it, the fee is still relatively high because ethereum still hasn't found a solution. and there is still no other alternative besides waiting for ethereum 2.0 to be updated and applied to their current protocol

[john1010]

The most embarrassing is holding erc20 token on ethereum chain, because if you want to transfer your token to any of trading account, the fee is too huge to handle, even ethereum launched their version 2 it will never help. ERC20 sucks!

[DU18]

The most embarrassing is holding erc20 token on ethereum chain, because if you want to transfer your token to any of trading account, the fee is too huge to handle, even ethereum launched their version 2 it will never help. ERC20 sucks!

most of us have old tokens stored in ethereum wallets so when the token price has a high enough price it will certainly make us a little upset because the cost of gas is quite high right now, I personally have even spent around $ 65 just to sell a few tokens on the market and I inevitably have to do this because the tokens I have have a high price and thank God if the results I can cover the cost of gas.

[tarable]

most of us have old tokens stored in ethereum wallets so when the token price has a high enough price it will certainly make us a little upset because the cost of gas is quite high right now, I personally have even spent around $ 65 just to sell a few tokens on the market and I inevitably have to do this because the tokens I have have a high price and thank God if the results I can cover the cost of gas.

If the gas fee you spend is still very commensurate with the results of your old token sale, I think that kind of thing doesn't need to be a problem and there's no need to be annoyed because you already got money from the old token sale, instead of continuing to be a collection in your wallet forever.

[Ibrahim60]

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 the present time erc20 token transaction gas fee is so much high. Most of the time everyone need to face a great problem for gas fee. Personally I'm using a application name "im Token" for setting custom gas fee for transaction. Here is four gas options to send a coin; Fastes, Fast, general & Slow. In the bottom you can see custom gas fee option. You can set your own gas fee but it will take so much time to confirm a transaction.

[blackened515]

Ethereum gas fee on ERC20 compatible wallets are far way more expensive than exchange., I know op is talking about ethereum built on tokens, theres no alternative way to escape the high fee when transacting on the ethereum wallets, the last time I transfer out blue Baikal token, unload up to $13 eth gas fee for a token of $15, that was ridiculous and not enhancing the usage of ethereum to be fair.

Investors are now considering Binance smart chain now because of the low gas fee to be paid, in the future, if ethereum don not complete their eth2.0 version, then eth will fade away like a shit coin, BSC is finally the ethereum killer as others have been talking about.

[Fivestar4everMVP]

I personally don't think there's any way to transact in erc20 tokens with lesser fees as long as the gwei continues to stay high, I stoped or rather minimized my transacting in Ethereum blockchain since last year due to the high fees, I've already lost a lot of money in Ethereum fees and it's very annoying to remember, I've learned to stop withdrawing erc20 tokens from exchanges when I buy them, I leave them there until I decide to sell them, I don't use erc20 decentralized exchanges anymore due to the high fees they come with.

[MishaSER]

The most embarrassing is holding erc20 token on ethereum chain, because if you want to transfer your token to any of trading account, the fee is too huge to handle, even ethereum launched their version 2 it will never help. ERC20 sucks!

Yes, I understand you well, but if you are patient, you can find a good moment to exchange. For example, early in the morning Gwei is very low, sometimes it is 71 Gwei 3-4 $.

[Jackl87]

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.

You can check the current gas fees at https://www.gasnow.org/ for example. What i like about this site is the fact, that if you scroll down a little bit it also shows you the network fees of ETH in the last 7 days, so you have the possibility to check at what time of the day the gas fees are usually the lowest. For the european timezone that is usually in the morning and from noon on it is usually higher. So if you don't need to make a transaction immediately than you can plan it according to those numbers.
Other than that you can't do much except for waiting for ETH updates or switching to BSC.

[2tang]

the value of the fees for erc20 token transactions varies during the day you should follow on ethgasstation and obviously not send if the fees are higher than the value of the token to be moved, maybe you can save a little bit using the loopring l2 protocol

Yes, and for now the cost on the Ethereum platform has decreased slightly from the previous one, so with the estimated transaction gas costs today I think it is very common to make token transactions that have been in the wallet for a long time, but unfortunately sometimes the token price is too high we have already experienced a decline as well as a result of the current market correction.

[yemight600]

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.

You can check the current gas fees at https://www.gasnow.org/ for example. What i like about this site is the fact, that if you scroll down a little bit it also shows you the network fees of ETH in the last 7 days, so you have the possibility to check at what time of the day the gas fees are usually the lowest. For the european timezone that is usually in the morning and from noon on it is usually higher. So if you don't need to make a transaction immediately than you can plan it according to those numbers.
Other than that you can't do much except for waiting for ETH updates or switching to BSC.

Here in my country, it's usually in the morning and mostly its cheaper on weekends (Saturdays and Sundays) But the gas fee still remain a problem because those days we considered to be cheaper and nit really that cheap just that it's better. I could remember i wanted to buy uptrend token on uniswap, it was bringing $20 which i considered to be cheap compare to the $40 it was bringing before. But the question is, is $20 really cheap?. What i could have done with just $4 on a normal day.

[SistaFista]

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.

Mate, the ethereum gas fee currently is far better than few days ago.
You may be able to use lower gas fee at a certain time, usually when the ethereum transaction volume is not too crowd.

[raidarksword]

It's a frustrating part of erc is that congested network that's why many project migrating to other ecosystem that offers fast and cheap fee transactions. In the related problem, people cannot control the ethereum gas fess and it's been so many months now that we are having that kind of situation. But, couple of days the gas went to as low as 34 gwei and it's good news gas fees are lowering now and hoping it will last long enough so that people can easily transfer erc tokens without spending too much fees.

[NeverSop]

Please if someone know any other way to send erc20 tokens with less fee, share with me and I will appreciate it.

Unfortunately, that's the ethos of ETH at the heart of it right now.  We have heard a lot of complaints about it, the higher the value of ETH, the larger the block transport it will be, and therefore the higher the gas fee, the more the Miner will benefit.  ERc 2.0 tokens are subject to this rule and dependency.  At least until Ethereum 2.0 upgrades to cut gas.

[Valak]

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.

I think you can use FTX exchange. The transaction fee there is $ 0. But I tried sending ETH. Maybe you can try it. Try to check again on the exchange, maybe it's still the same. I tried it about two months ago.

[Atang Sulaeman]

until now I have not found a way to reduce the cost of gas at ETH
and my own way is to stop all transactions for the time being.

[Alert31]

There is only one way to reduce the transaction fee of ERC20 tokens and that is to set low gas fee during the transaction. But it will take more time for the transaction, even 24 hours or more. Sometimes transactions may fail. You can also check the gas fee from the link below.
https://etherscan.io/gastracker.

You can transact your ERC20 tokens when the gas fee is low.

Which is not also a good idea. You will lost more for gas fee if your transaction failed. Much better to set on average with enough extra ETH for processing a transaction for a better result even you will fee a high gas fee at least it will succeed. In ETH huge gas, we have nothing to do about it but sacrifice if you really want to make a transaction with your ERC20 tokens. Or wait until the gas fee go down. Actually, since last day, Ethereum gas fee is getting lower and lower which is a good sign and I hope that ETH gas fee will go back to normal as soon as possible.

[yemight600]

I don't know if anyone have heard about matic network which is also  known as polygon. It's really fast and cheap. I think most project are now trying to adopt the system.

[Falconer]

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 are only three options for transaction traffic namely low, average and high according to the update on https://etherscan.io/gastracker, if you want to set lower gas costs, the transaction will be completed in one day or more. Gas fees are now cheaper and ERC20 coin users no longer have the problem of transaction gas fees.

[yemight600]

Gas fees are now cheaper and ERC20 coin users no longer have the problem of transaction gas fees.

I don't know where and how you got this information but trust me, it's very far from the truth. Transacting on DEX is still costly and the average gas one can use to move any erc20 coin/token is still around $9-12