Erc20 tokens send fee

[asyakashi]

The cost of erc20 lately does have a very expensive cost. i usually use a similar bep20 but it's a smartchain binance network. But they are almost the same, the difference is that bep20 is much faster, cheaper, and lately much liked by many people.

[terrific]

You should still stay more or less in line with acceptable minimum fees. What you can do is check the fee throughout the day. There is quite a high viability depending on the daytime. I'd pay at least a little bit more than the minimum at the best time of the day. Otherwise it will just remain pending.

Today is one of the best time to send ERC20 tokens or ethereum. The fees are not expensive if you check eth's network.
The estimation of gwei is just around 16 or $0.91

Yes, its cheap to send as of this moment, only 24 gwei to confirm on the next block But still it will still depend on what type of token you will send, some contract have expensive fees when sending.

It has dropped again to 12 gwei.
Too very low gweis that we've got this time. I think it's now time for those people that have been waiting for this moment.
The fees are really cheap and it is incredibly good!

[MusaMohamed]

The cost of erc20 lately does have a very expensive cost. i usually use a similar bep20 but it's a smartchain binance network. But they are almost the same, the difference is that bep20 is much faster, cheaper, and lately much liked by many people.

Gas price on Ethereum network is very cheap. You can check it with Gasnow or will see the cheap gas price if you visit coinmarketcap.com every day on top of the website. Coingecko adds Ethereum's gas price on their website's main page (at top) too.

Do you regularly check Gas price with one of those websites?

Else, the gas price is cheapest in last one year. https://bitinfocharts.com/comparison/ethereum-transactionfees.html#1y

[kesmex]

You should still stay more or less in line with acceptable minimum fees. What you can do is check the fee throughout the day. There is quite a high viability depending on the daytime. I'd pay at least a little bit more than the minimum at the best time of the day. Otherwise it will just remain pending.

Today is one of the best time to send ERC20 tokens or ethereum. The fees are not expensive if you check eth's network.
The estimation of gwei is just around 16 or $0.91

Yes, its cheap to send as of this moment, only 24 gwei to confirm on the next block But still it will still depend on what type of token you will send, some contract have expensive fees when sending.

It has dropped again to 12 gwei.
Too very low gweis that we've got this time. I think it's now time for those people that have been waiting for this moment.
The fees are really cheap and it is incredibly good!

Obviously, this is the moment people have been waiting for.
I hope this low cost can last a long time,
we'll see in the future the cost will still be cheap or vice versa the cost will be expensive

[hari9981]

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 only thing you can do for now to avoid high fee transaction in ETH is change your ETH balance into other alts like TRX, XRP because
at this moment there is no opportunity for us to avoid this expensive charges on ETH. Unless if the price value of the ETH will go down deeply.
But at this point of chance the answer is none.

Its not solving the problem, he asking the solution to have less fee, not avoiding using Ethereum.
Also, we can do less fees nowaday, just wait until the blockchain not busy by watching the gas tracker.

[Republikcoin.com]

its worthed now to swap our token in uniswap , gas fee small enough if we compare it several times ago. if ethereum could solved this problem , i am sure more project will using ethereum blokchain again. no matter there are alot new platform that offer what ethereum didnt have it.

The problem of expensive transaction fees is not the main obstacle to the development of the Ethereum platform. Ethereum continues to provide the best for its community to be more comfortable when using the features and services provided by Ethereum.
The emergence of new competitors, such as BNB, has forced the performance of developers on each platform to be even faster. Vitalik must be able to lead the market and BNB must also compete for the market with ETH. This will cause a condition where to reach the perfect point becomes even faster.

[seleme]

ERC20 token gas transaction is always changing and we can check it several times to ensure whether the gas is low or high.
However, compared to several months ago, this week is a very good week to transfer our ERC20 tokens. Let's see how cheap this is. Per recent gas fee:


Check more on https://ethgasstation.info/

You expect for stable? No way to happen this because it’s depend in eth blockchain and you know when eth was higher price then we have seen how much crazy gas fee and we didn’t make transaction for small value token where gas fee is more than token value. So it's changeable for every moment if you will refresh this site.

During the midnight Eth gas fee goes down, that is the best moment to send ERC20 tokens, from my experience. The higher the Gas fee the smaller the send coin value, better to check the Gas station before sending tokens or ETH. Idex also has the standard Gas fee above the website, it is another alternative source for checking the Gas fee.
There are some live graphics on crypto comparison websites, look for "calm fee" period and complete your transactions on mentioned timeframe.

[jrrsparkles]

ERC20 token gas transaction is always changing and we can check it several times to ensure whether the gas is low or high.
However, compared to several months ago, this week is a very good week to transfer our ERC20 tokens. Let's see how cheap this is. Per recent gas fee:


Check more on https://ethgasstation.info/

You expect for stable? No way to happen this because it’s depend in eth blockchain and you know when eth was higher price then we have seen how much crazy gas fee and we didn’t make transaction for small value token where gas fee is more than token value. So it's changeable for every moment if you will refresh this site.

During the midnight Eth gas fee goes down, that is the best moment to send ERC20 tokens, from my experience. The higher the Gas fee the smaller the send coin value, better to check the Gas station before sending tokens or ETH. Idex also has the standard Gas fee above the website, it is another alternative source for checking the Gas fee.

Mid night? But somewhere the same time is going to be afternoon at another side of this world because this is 24/7 market and people from all around the world are making transactions at different timezones in the same time frame.

[Naficopa]

 During recent bullish market because of growing popularity of cryptocurrencies transaction fees goes really high. You can try to send now as fees are slowly going back to normal https://etherscan.io/gastracker. Unfortunately, but there is no any other method to bypass fee channel.

[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 only thing you can do for now to avoid high fee transaction in ETH is change your ETH balance into other alts like TRX, XRP because
at this moment there is no opportunity for us to avoid this expensive charges on ETH. Unless if the price value of the ETH will go down deeply.
But at this point of chance the answer is none.

Of course to avoid is currently the best solution (unless it's really important to use). It's been long since i last used an erc20 DEX. I make use of pancake swap most and it's really awesome. Lets hope erc20 transaction fee will come back to what it used to be soon

[TastyChillySauce00]

I was very pleased with such commissions today. After the price of 1000 gwei, this is a balm for the soul.
It seems to me that the decision of big commissions is not far off.

LOL... I can only imagine the mental state of the users who were forced to pay a gas price of 1,000 Gwei. Just when we were thinking that the Bitcoin transaction fee is extremely high, Ethereum just overshadows it with 5x higher gas prices. And the most surprising thing is that despite this sky high gas price, hardly any of the projects seems to be migrating to the other platforms. The prevailing logic is that it is better to pay higher fee with a well known platform, rather than taking the risk of a relatively unknown one even if the fee levels are low.

I've heard it's mainly because the ecosystem is just overall better for long term with project like uniswap but tbh other smart contract blockchain also not lacking defi platform since someone always trying to migrate defi over to make some profit. I guess it's more of their developers are a lot more experienced in developing smart contract in ETH relating to how to deploy it etc rather than in other blockchain despite it becomes more costy.

[yemight600]

I was very pleased with such commissions today. After the price of 1000 gwei, this is a balm for the soul.
It seems to me that the decision of big commissions is not far off.

LOL... I can only imagine the mental state of the users who were forced to pay a gas price of 1,000 Gwei. Just when we were thinking that the Bitcoin transaction fee is extremely high, Ethereum just overshadows it with 5x higher gas prices. And the most surprising thing is that despite this sky high gas price, hardly any of the projects seems to be migrating to the other platforms. The prevailing logic is that it is better to pay higher fee with a well known platform, rather than taking the risk of a relatively unknown one even if the fee levels are low.

I've heard it's mainly because the ecosystem is just overall better for long term with project like uniswap but tbh other smart contract blockchain also not lacking defi platform since someone always trying to migrate defi over to make some profit. I guess it's more of their developers are a lot more experienced in developing smart contract in ETH relating to how to deploy it etc rather than in other blockchain despite it becomes more costy.

Exactly my point. Projects should start migrating to other chains or better create their own chain so as to decongest the ETHEREUM chain and maybe things will improve. Most projects have different use cases and all these in one way or the other increases gas fee.

[casperBGD]

~snip
Exactly my point. Projects should start migrating to other chains or better create their own chain so as to decongest the ETHEREUM chain and maybe things will improve. Most projects have different use cases and all these in one way or the other increases gas fee.

that was maybe in February and March, at the moment, they have options to migrate to L2, or Matic, and they will have all on Ethereum, so I do not see as good thinking to migrate to other chains and leave Ethereum ecosystem
Ethereum ecosystem has most users, developers in crypto world, and migration to other platforms could bring some benefits in fees, but you will not have to whom to develop your projects, Hive is the best example, they have fee-less platform, good games, but there is simply no enough users to be profitable in the end

[yemight600]

~snip
Exactly my point. Projects should start migrating to other chains or better create their own chain so as to decongest the ETHEREUM chain and maybe things will improve. Most projects have different use cases and all these in one way or the other increases gas fee.

that was maybe in February and March, at the moment, they have options to migrate to L2, or Matic, and they will have all on Ethereum, so I do not see as good thinking to migrate to other chains and leave Ethereum ecosystem
Ethereum ecosystem has most users, developers in crypto world, and migration to other platforms could bring some benefits in fees, but you will not have to whom to develop your projects, Hive is the best example, they have fee-less platform, good games, but there is simply no enough users to be profitable in the end

I do not know much about L2 but that of matic is what i know very well (since I've used it before). Their are several disadvantages for matic.
1. It supports limited wallet (matamask)
2. The fee to move from matic mainet to ethereum mainet is equal to using a DEX (erc20)
3. Limited coins are supported
And its even hard to understand and use.. All these are just few of the many problems often encountered by users.

[DarkDays]

~snip
Exactly my point. Projects should start migrating to other chains or better create their own chain so as to decongest the ETHEREUM chain and maybe things will improve. Most projects have different use cases and all these in one way or the other increases gas fee.

that was maybe in February and March, at the moment, they have options to migrate to L2, or Matic, and they will have all on Ethereum, so I do not see as good thinking to migrate to other chains and leave Ethereum ecosystem
Ethereum ecosystem has most users, developers in crypto world, and migration to other platforms could bring some benefits in fees, but you will not have to whom to develop your projects, Hive is the best example, they have fee-less platform, good games, but there is simply no enough users to be profitable in the end

I agree, while Ethereum is not the most efficient network the user base is by far the largest of any alts, migration to other chains is attempted due to a number of benefits but currently it is not reaching the record number you need for a successful migration to another established network. No blockchain network is perfect and this is mainly why full migrations are not happening.

[Ever-young]

Although my reply might be a bit late from the time of this posting. Currently from my own observation sending of ERC-20 tokens cost lesser when it's been done during mid night from 12-5 am in the morning, the cost is usually as low as 1.4$-4$ wort of eth

[Davian144]

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.

[Princejebs]

I usually wait for the right time when the gwei given is very low, usually it takes place at midnight, usually I get a low gwei at that time, but as we know with the current increase in ethereum prices, of course the fees given are also quite high so set back the time you will use to make transactions.

There was a time tx fee became low below $1. I think that was when bull run trend began to change direction and many Uniswap traders weren't trying to outrun transactions. Bots were among those factors that contributed but it seems they ate asleep and the network has become less busy.
Who knows ETH.20 will clear this sooner than we anticipated but I'm still skeptical if in reality, it will perform as developers all plan.

[Republikcoin.com]

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.

Not only affects the delivery time, but the use of GAS that is too small can also make your transaction fail. The Ethereum network is still not at its best when it comes to transaction fees. It is likely that ETH 2.0 will be the solution to the problems that have plagued us all for the past 2 years.
It is still recommended to use normal GAS, so that everything can run smoothly and your assets can reach the destination wallet faster with the best estimated delivery time.

[kenelmark]

Although my reply might be a bit late from the time of this posting. Currently from my own observation sending of ERC-20 tokens cost lesser when it's been done during mid night from 12-5 am in the morning, the cost is usually as low as 1.4$-4$ wort of eth

Now there is no need to wait for that time to make a transaction, because the cost of Gas on ETH is already in a very affordable condition, and even at this time it is also very cheap to do the transaction.