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Author Topic: Erc20 tokens send fee  (Read 1795 times)
AzamNurWahid
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May 07, 2021, 01:24:50 PM
 #81

There is no way to mate, one way is to reduce the GWEI but it has a failure to send within 24 hours, the cost on ethereum is a scary thing for everyone who wants to sell tokens if it has an estimated $50

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May 07, 2021, 01:40:39 PM
 #82

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

After the last hard fork, which took place in April, the cost of transactions in the ethereum blockchain has significantly decreased. Also, the cost of Swap on decentralized exchanges has decreased by at least 2 times. And the fact that the price still remains high does not contradict the fact that the work on reducing commissions in the network continues.

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May 07, 2021, 01:43:16 PM
 #83

There is no way to mate, one way is to reduce the GWEI but it has a failure to send within 24 hours, the cost on ethereum is a scary thing for everyone who wants to sell tokens if it has an estimated $50
Exactly. Using $50 for a $200 transaction is not appropriate and it's making it difficult to trade

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May 07, 2021, 01:52:47 PM
 #84

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.

We are compulsory to follow whatever the gas price is. They are not the one who will adjust but us. I hope the gas price may drop even more lower than $2 so that I can withdraw my tokens worth $10. I choose to hold my tokens because gas price is higher than my token value. I'm lose if I will withdraw and yet just few dollars to earn.
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May 07, 2021, 02:45:41 PM
 #85

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.
Until now, if i want to send my erc20 tokens i keep seeing gas website and then decide want to send or not. About how much usually i choose the smallest amount that i can but the token still  can be sent. I think people's don't have much choices about fees because in past bitcoin face that too and people can't really avoid it.

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May 07, 2021, 02:51:45 PM
 #86

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 way to transfer your tokens with lower fee, if you want to take risk then you can manage gwei price, but it will take long to transfer and can be fail.

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May 07, 2021, 05:11:06 PM
 #87

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 transfer directly with low Gwei settings. If Gwei goes down to the limit you set, your token will be sent automatically. There is no solution other than waiting for Gwei to come down.
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May 07, 2021, 05:57:14 PM
 #88

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 we need to wait for Gwei to come low, because there is no platform yet that can deliver ERC20 at low cost. You can only set the Gwei lower than the specified Gwei.
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May 07, 2021, 07:06:43 PM
 #89

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.

Maybe you can use Bulksender to send a large number of tokens at once. But speaking of transaction fees, it really depends on the Ethereum network. Maybe you can wait for Gwei to change, or set it the way you want until Gwei limit down.

tvplus006
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May 07, 2021, 07:08:59 PM
 #90

That is the reason erc20 transaction cost still a big concern for the users. It's about time community abandoned ethereum network and moved to the bsc network. Erc20 token based micropayment becomes a nightmare to us, as the gas fees just too high to make anything happen smoothly. ...

Not everything in the crypto market can be measured by the size of the commission, many developers still prefer decentralization. After all, one of the reasons for the high fees is the popularity of the ethereum blockchain. It is for this reason that the decentralized blockchain will never be replaced by the centralized blockchain that is BSC.

KryptoKings (OP)
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May 07, 2021, 07:10:39 PM
 #91

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.

Maybe you can use Bulksender to send a large number of tokens at once. But speaking of transaction fees, it really depends on the Ethereum network. Maybe you can wait for Gwei to change, or set it the way you want until Gwei limit down.
Yes I am aware of that service and I find it very useful too but no mater how many tokens you send to how many addresses, fee still remain high.
My problem is high fee and I am looking for a solution to it.
Sending in bulk or to many address is not a problem.
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May 07, 2021, 07:11:13 PM
 #92

We are compulsory to follow whatever the gas price is. They are not the one who will adjust but us. I hope the gas price may drop even more lower than $2 so that I can withdraw my tokens worth $10. I choose to hold my tokens because gas price is higher than my token value. I'm lose if I will withdraw and yet just few dollars to earn.
Yes, but for now it seems like withdrawing the sales of coins at $ 10 is still very difficult to do and won't even be possible because the estimated withdrawal fee is also not far from the $ 10 value, so obviously you will lose if you choose to withdraw it.

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May 07, 2021, 07:13:15 PM
 #93

If you don't want to spend too much fee then you should lower the fee if it is possible in the wallet you use and patiently wait for your transaction to get confirmed rather than spending too much fee just to transfer your erc20 tokens to another wallet or to an exchange site. I also experience same thing but I prefer waiting longer than spending that much.

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May 07, 2021, 07:33:24 PM
 #94

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.

Maybe you can use Bulksender to send a large number of tokens at once. But speaking of transaction fees, it really depends on the Ethereum network. Maybe you can wait for Gwei to change, or set it the way you want until Gwei limit down.
Yes I am aware of that service and I find it very useful too but no mater how many tokens you send to how many addresses, fee still remain high.
My problem is high fee and I am looking for a solution to it.
Sending in bulk or to many address is not a problem.

Hi KryptoKings, have you ever used SafePal. There can add ERC20 tokens. It may cost less than other wallets. It's not wrong to try, because I've checked several wallets, the transaction fees are quite high. For each transaction up to $3.

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May 07, 2021, 07:56:44 PM
 #95

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.
Can you visit a gastracker site 10 times a day? Definitely you will know the proper time in the next day to send the ERC-20 tokens. It is very easy to control gas prices, if you do manually in the myetherwallet. Fixed gas price below the low GWEI. Your transaction could fail, if you set very low GWEI. Your transaction must be complete the next day.
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May 08, 2021, 12:59:58 AM
 #96

There is no alternative way to send erc20 token. The gas fee is high due to huge amount of transaction. It will be resolved in ETH 2.0 update. Till then, you have to face this issue. Check via https://ethgasstation.info/ and use the lowest one to minimize your transaction cost.
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May 08, 2021, 02:48:17 AM
 #97

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.
ETH chose Matic to implement the contract on its second layer. Transactions sent over the Matic network will reduce costs and be faster. Currently, the matic network is built on a POS mechanism, so when ETH completely switches its confirmation mechanism to POS, Matic will promote its full strength.

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May 08, 2021, 03:08:48 AM
 #98

Altcoins sending fees more in trust wallet but myethereumwallet android apps transactions fees less than trust wallet. Safepal and imtoken wallet sending fees pretty less than others wallets.
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May 08, 2021, 06:29:37 AM
 #99

Indeed, at this time the ERC20 fee fee is very high, and in my opinion the shipping cost is high because too many transactions that occur on the etherem network cause tremendous congestion, we must be patient waiting for costs to go down and wait for the token price to rise higher, so that there is a balance  fundamentals between the token price and the shipping cost,

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May 08, 2021, 09:22:31 AM
 #100

Indeed, at this time the ERC20 fee fee is very high, and in my opinion the shipping cost is high because too many transactions that occur on the etherem network cause tremendous congestion, we must be patient waiting for costs to go down and wait for the token price to rise higher, so that there is a balance  fundamentals between the token price and the shipping cost,
according to information there will indeed be a price review in July from ethereum, but is this just a rumor to dampen it, so that many can wait for the situation until the specified month. but it is undeniable that many project owners have made innovations so that high costs can be reduced by looking for other alternative platforms and bsc is one that has begun to be used.

However, it is not easy to change the habits that have occurred in the course of using the ethereum platform. but all also do not want to experience greater losses if no improvements are made.
It is true that you say high traffic makes costs unable to be reduced, but of course there are many ways that can be done to reduce these high costs.
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