Erc20 tokens send fee

[TastyChillySauce00]

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.

July there gonna be london hardfork to address the fee calculation so it's not just a mere rumour as everything is already scheduled before hand same with berlin hard fork. Also, there's not so much the dev can do to address the gas problem except the upcoming solution in july because there are just many factors that affect the gas price many of them are price increase (yes it's biggest cause by far), traffic, dapps and many more. because if they do have solution they would've resolved the problem from a long time ago as many people demands.

[Galley]

The most realistic option is to catch the moment when the gas price will go down. She is subject to a lot of movement even during the day. There are probably no other options. The situation may improve in the future, but for now, we have to be content with what we have.

[Blowon]

I think all related to ERC20 with gas costs are still the same. However, if it's a wallet issue, I think using a trust wallet will cost less, than any other wallet. You can try it by downloading Trustwallet in the playstore. I hope to help you.

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.

The influence of uniswap seems to be the main factor making the gas higher. Nowadays everyone doesn't like eth because the gas is so high. All hope on eth 2.0. A few days ago I saw eth gas start to drop. However, it is now back up. I hope dev pay attention to this.

[moderator's note: consecutive posts merged]

[Koro-Sensei]

It is believed that during 12AM or so, gas fee's for ETH are low. If you want to have small fees, sacrifice some of your sleep and try to transact when everyone's are asleep. Or if you can still wait, wait for Eth 2.0 adoption. They say that it could lower down Eths network fee substantially.

[alex_andr25]

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.

The commission in the Ethereum network is not always high. There are times when it falls. Perhaps something changes in the network, perhaps it depends on the coin you want to withdraw or even on the wallet

[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.

The commission in the Ethereum network is not always high. There are times when it falls. Perhaps something changes in the network, perhaps it depends on the coin you want to withdraw or even on the wallet

The transaction cost has increased undoubtedly. It recently reached its all time high last week when the minimum transaction cost for ERC20 was around $100 and DEX was around $200-$250. Even though wallets at times have effect on transaction cost (like you've claimed) but the effect is minimal as the variation is always between $1-$2

[Ghondronk]

This is the burning issue which is faced by the holders of ERC-20 tokens. I also hold multiple coins which worth between 20 USD to 50 USD but still did not able to trade them mainly due to high trading fees. That is the main reason for people to get attracted by the other networks such as BSC.

[tiCeR]

It is believed that during 12AM or so, gas fee's for ETH are low. If you want to have small fees, sacrifice some of your sleep and try to transact when everyone's are asleep. Or if you can still wait, wait for Eth 2.0 adoption. They say that it could lower down Eths network fee substantially.

That's indeed true. There are favorable times throughout the day when you want to save some of your transaction costs. I don't know what your observations are, but I think the highest fees are when the US is awake all over the continent and can trade. Late evening US the fee goes down I believe.

[wallet4bitcoin]

I think all related to ERC20 with gas costs are still the same. However, if it's a wallet issue, I think using a trust wallet will cost less, than any other wallet. You can try it by downloading Trustwallet in the playstore. I hope to help you.

Normally i use metamask on my pc. But, I also use trust wallet on my android. I agreed with your recommend. Trust wallet allow to make a transaction fast & smartly. Sometimes I noticed, it cost less transaction fees than the displayed amount.

[Ruvi2000sew]

If the gas fee you pay is already really comparable to the outcome of the previous token sale, I don't think that's a challenge, and there's no reason to be upset because you already received money from the previous token sale, rather than it being a collection in your pocket indefinitely.

[iTradeChips]

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.

That was my colleagues main concern back then when he wanted to invest on a startup token but ETH fees are way too high for his small investment money. He does not want to continue using ETH for the meantime because of that. He was dismayed that he wants to invest and once the opportunity came for him to invest he was not able to transfer his funds from an exchange ETH account to the required ETH wallet because of the high fees. He commented that ETH is currently a rich man's crypto because small time investors cannot do anything.

[sedahan13]

Since that ERC20 tokens stored in privatewallet is no way to avoid the high of transaction fee. Now many decentralized exchange built wrapped crypto asset that use others blockchain that offer cheaper transaction fee so to avoid high gas fee of Ethereum, we can move to other DEX that built on blockchain of Matic, Avalanche or Solana. We can also trade Bitcoin and crypto asset that use Ethereum blockchain with wrapped asset on that DEX which have cheaper transaction fee.

[kram31]

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.

Before I most often made a transaction on ETH or ERC20, but when the time began that ERC20 increased its price in the market,
I never do any transaction with, so with your question for now there is no other way for us to avoid less fee on ERC20, and the only thing
we can do is but to wait to decrease its price value in the market.

[nurilham]

The gas fee is always changing. Today the rate is more than 100gwei per transaction. This is high enough. SOme weeks ago the gas fee has decreased until under 50 gwei only. But now, it seems like going up three times higher. And it may be always changing again due to the change of the ethereum market and crowded transactions on the blockchain. And if this happens, we can do nothing because we can't set the fee to be lower because it may cause the transaction is stuck or failed.

[juanda]

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 seems to be no way to lower the erc20 transaction fees. because transaction fees are set by the system. we can only drop it a little lower but the transaction will be slower. I also can't do anything about it because the current erc20 transaction fee is too high. transaction fees of up to $ 20.

[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.

Before I most often made a transaction on ETH or ERC20, but when the time began that ERC20 increased its price in the market,
I never do any transaction with, so with your question for now there is no other way for us to avoid less fee on ERC20, and the only thing
we can do is but to wait to decrease its price value in the market.

The transaction fee for ERC20 coins and tokens is giving even the projects that are based on the chain problem. Most erc20 based tokens are now trying a double chain method whereby the coin will be available on erc20 and other chain (mostly bep20). This shows the urgent need to find a quick, permanent solution to this problem. Though most analysts insist that the sudden rise in transaction fee is caused by invention of Decentralized Finance.

[lexkiee28]

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 dont think that there is a way for ethereum gas fee to get low but I do believed that the developer is still doing their best to make a remedy about this issue especially many crypto enthusiasts are using ethereum blockchain and available plenty of erc20 tokens.

[Chathusand]

Investors are now considering Binance smart chain because of the low gas fee to be paid; in the future, if ethereum does not complete their eth2.0 version, ethereum will fade away like a shitcoin, and BSC will eventually be the ethereum killer as some have predicted.

[barhavsky]

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 opinion there is no other way to send your ERC20 token and indeed for now gas fees from Ethereum are very expensive, but hopefully when ETH 2.0 is launched, the gas fees from Ethereum will be low, so you can send your ERC20 token without fear if the gas fees from Ethereum is very high.

[DamonWilliam]

You can set a very small payment for the expiration of your transaction, but whether it will be executed or not is no longer known.

Usually, if the gas fee is very low, then your transaction will simply be canceled over time, so high fees cannot be avoided.