Erc20 tokens send fee

[Cornia]

For the insane fee of Ethereum network, I have stopped using this network for a long time. The fees of this network are constantly increasing. As a result, the biggest problem is in small traders. There is no way to transfer erc-20 token at low fee. There is nothing to do but wait for the new development of Etherium.

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[ene1980]

For the insane fee of Ethereum network, I have stopped using this network for a long time. The fees of this network are constantly increasing. As a result, the biggest problem is in small traders. There is no way to transfer erc-20 token at low fee. There is nothing to do but wait for the new development of Etherium.

I not using the ETH network for a long time and never purchased anything but the problem is i am holding a ton of coins which is built on top of ETH network and it is really frustrating to see that i need to spend a lot of money as transaction fees to make those transactions. I moved my ETH to exchanges so that i would make my profit before the major correction starts.

[otreza]

Which exchanges provide a bridge between ETH and Polygon blockchains, Smart Chain? For example in My-T Wallet I transferred TKO tokens from ETH network to BSC network. But other tokens I can't transform.

[kenelmark]

Which exchanges provide a bridge between ETH and Polygon blockchains, Smart Chain? For example in My-T Wallet I transferred TKO tokens from ETH network to BSC network. But other tokens I can't transform.

You can try Anyswap for this because Anyswap has a feature that can convert Polygon network to Binance Smart Chain and also ERC20 network to Polygon or Binance Smart Chain, so you can use it for what you need
https://anyswap.exchange/bridge#/router

[mdzahed134]

In my opinion, to avoid high transaction fees on the Erc20 Platform is to wait for gas costs to come down, or there are other solutions to avoid high gas costs, namely by migrating to another chain of BSC or POLIGON.

How you will wait when see your coins price going skyrocket lol. For the long time i haven’t seen ETH gas fee was down normal like 5$-10$. ETH should to fix it and there are no solution we will get without ETH 0.2 i think. Many ETH network projects are go to migrating ETH to BSC,MATIC,Solana.

[anggoro manise]

You can try Anyswap for this because Anyswap has a feature that can convert Polygon network to Binance Smart Chain and also ERC20 network to Polygon or Binance Smart Chain, so you can use it for what you need
https://anyswap.exchange/bridge#/router

Nice information, I think everyone can learn and find a solution by exchanging information related to crypto, especially with the problem of very high fees on the eth network.  and how to change the growing crypto network, good information mate, thanks

[kenelmark]

Nice information, I think everyone can learn and find a solution by exchanging information related to crypto, especially with the problem of very high fees on the eth network.  and how to change the growing crypto network, good information mate, thanks

Actually, anyone in crypto has been able to do that for a long time, it's just that how to do it is unknown so it is very rare for people to do it in the past, but for now many people are doing it for their own needs, so there's no need to be surprised.

[Nazmul012]

most annoying fee issues come back again & still no effective method can be seen. days goes on but fees are likely increasing with eth price. nowadays erc20 token asks upto $60 for each transaction, and upto $200 on uniswap for swap. I wonder eth network ask $20 fee for eth transaction & become out of my afford to daily transfer my tokens on exchanges for trading due to incredible increase of fee. don't think you will able to transfer with low fee, within this year!

[StLucifer]

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.

[TopT3ns]

Was lucky with bounty campaign reward distribution right now bridge using BSC network and we can manage fees, maybe if still using ERC20 network take almost 30$ for once sending coin and become above $100 if coin only available trade on  Uniswap for approved and swap coin take higher fees. Maybe we can't see moment where fees for ERC20 coin under $1 and looks impossible fees can lower again for one or two years later.

[letyouearn]

Tried to use Opensea several days ago and wanted to list my NFT there... 300-600 dollar fees, guys - that's true madness. I like immutable X idea - when people don't pay fees when trading their NFTs.

[dvndr007]

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.

Simple answer is there is no solution till now better is use any other cheap chains like bsc etc

[kenelmark]

Simple answer is there is no solution till now better is use any other cheap chains like bsc etc

The solution for ERC20 does not yet exist other than being willing to use it at an expensive cost, but alternatively the option or other way is in BSC, Polygon and others, so don't think too much about ERC20 which is still expensive, but just think about how your work is not hampered, just that.

[raidarksword]

There are no other choice but to let the gas fee to settle less. I know sending such transactions with huge fees are burden that's why its very frustrating in the ethereum based project tokens that it is high cost problem long ago. Hopefully it will be solved with the upcoming implementation of ETH 2.0

[ogundowotoby01]

U dont know why nothing is changing with the ethereum network even after so many upgrades thoses fees are still not affordable to anyone… there cheaper networks you can use now and I also noticed that bitcoin fees get higher during the week and mostly cheaper during the weekends but the best day to trade btc is on Sunday prices are mostly low

[mafoja1]

It takes a lot of gas free to transfer erc20 token.  It used to cost a lot less gas to send these tokens.  Now gas free has increased a lot

[Mosarof22]

I understand your problem but no one can give you the solution to this problem now. Because not only you but the whole world is losing small investment due to this high ERC20 Fee. I hope ERC20 TEam will work to solve this problem in the coming days.

[sitbang]

that's a very difficult question I answered when you asked, there is another way to send erc20 tokens with cheaper fees, this is very impossible when you transact erc20 tokens with less fees, now I haven't found a cheaper way of transacting on Erc20, I sure they will recover and stabilize the shipping cost, and they took a long time to fix the erc20 wallet issue to reduce the shipping cost.