Ethereum and additional gas fees

[khiholangkang]

Currently I think the Ethereum platform is the most expensive. What do you think?

It's true that ETH is the coin with the most expensive transaction fees at the moment, that's why many projects that were previously only on the ETH network they create new tokens on other networks such as BSC or MATIC to make it easier for users, in MATIC and BSC the fees are much lower.

[1714989765]

1714989765

[1714989765]

1714989765

[1714989765]

1714989765

[1714989765]

1714989765

[TWW]

Currently I think the Ethereum platform is the most expensive. What do you think?

It's true that ETH is the coin with the most expensive transaction fees at the moment, that's why many projects that were previously only on the ETH network they create new tokens on other networks such as BSC or MATIC to make it easier for users, in MATIC and BSC the fees are much lower.

We all know the problem of ethereum expensive transaction fees. The movement of blockchain networks is mostly done to save their merchant community.
because of course to use tokens from new or developing projects and make their market stronger is the support of trading in the market. when the cost is getting more expensive, it will certainly make more traders protest and stop their activities. they can even withdraw their money and move on to another project.

[shinratensei_]

Currently I think the Ethereum platform is the most expensive. What do you think?

The most expensive blockchain in the crypto history. Miners were so greedy and they didn't want the blocksize to be increased. Miners are doing shit to the ethereum.
The fees on uniswap will always be changing following how crowded the transaction in ethereum network is. that being said that if it will never decrease again. The london hardfork was making it even worst than before.
A few months before london hardfork the transaction fees of ethereum were so cheap as it has ever touched less than a dollar but now this is the worst blockchain ever i seem.
Blockchain needs to be a better thing than bankers or another payment system but the situation in ethereum network has been making it looks even worst than normal payment system.

[Ten98]

It's true that ETH is the coin with the most expensive transaction fees at the moment, that's why many projects that were previously only on the ETH network they create new tokens on other networks such as BSC or MATIC to make it easier for users, in MATIC and BSC the fees are much lower.

Now it is true that ETH is a network with very expensive transaction fees after Bitcoin, but who has said this in the past ? I don't think anyone said this in the past even though the amount that had to be spent on each transaction was also not much different from what it is now, but because the price of Ethereum has increased several times, it makes the amount of Gas costs bigger and this is very very reasonable.

[matchi2011]

Currently I think the Ethereum platform is the most expensive. What do you think?

It's true that ETH is the coin with the most expensive transaction fees at the moment, that's why many projects that were previously only on the ETH network they create new tokens on other networks such as BSC or MATIC to make it easier for users, in MATIC and BSC the fees are much lower.

We all know the problem of ethereum expensive transaction fees. The movement of blockchain networks is mostly done to save their merchant community.
because of course to use tokens from new or developing projects and make their market stronger is the support of trading in the market. when the cost is getting more expensive, it will certainly make more traders protest and stop their activities. they can even withdraw their money and move on to another project.

The very bad effects of having huge fees, but people who use ETH chain are not just small time traders there are many who are
capable in covering fees without any problem, those whales who are not care about that huge amount since they are transferring
bulk amounts of assets. Mostly affecting small traders who can't risk sending transactions knowing that the value of their assets
sometimes is more lesser than the amount they wanted to trade.

[cryptoaddictchie]

Over the last few days, I have faced many problems while transacting a few tokens. Even after I repeatedly deposited in a few wallets, at one point the transaction was going to stop. That is what is in Uniswap. I have deposited 20$ due to additional fee. But the fee needs to be above 50$. So has been interrupted to swap a few times. Currently I think the Ethereum platform is the most expensive. What do you think?

So far yes it is. We cant do anything about the gas fee, hence wait for the network to cool down and wait for the fee to recede. Right now a lot suffer with it due to heavy usage of eth network and fee that includes massive transactions of nft. For sure it will take a while before eth fixed this thing.

[Natalim]

Over the last few days, I have faced many problems while transacting a few tokens. Even after I repeatedly deposited in a few wallets, at one point the transaction was going to stop. That is what is in Uniswap. I have deposited 20$ due to additional fee. But the fee needs to be above 50$. So has been interrupted to swap a few times. Currently I think the Ethereum platform is the most expensive. What do you think?

So far yes it is. We cant do anything about the gas fee, hence wait for the network to cool down and wait for the fee to recede. Right now a lot suffer with it due to heavy usage of eth network and fee that includes massive transactions of nft. For sure it will take a while before eth fixed this thing.

It's been so long already since this high gas fees becomes uncontrollable, although sometimes the price may reduced but most of the time, this high gas fees becomes very expensive. So if you find it hard because of the transaction fees, then maybe transact only when you have an extra amount enough to pay for the gas fees. But if its really needed, then you should pay what it costs. I know a lot of us have been suffering from this concern, hopefully its team will actually make an action so we can save even with just small funds.

[inanilujimi]

It is undeniable that ETH is the most expensive platform when trading on dex, but did you know that only the ETH platform provides fantastic airdrops for its users??
starting from uniswap, 1 inch and finally dydx. and maybe in the future there will be more like that in the future.

[Bonenx14]

It is undeniable that ETH is the most expensive platform when trading on dex, but did you know that only the ETH platform provides fantastic airdrops for its users??
starting from uniswap, 1 inch and finally dydx. and maybe in the future there will be more like that in the future.

Each platform has its own unique thing in making the program, as well as the BSC platform which also has unique things which the ETH platform does not currently have, so all of them have their own advantages and disadvantages in cryptocurrency.

[Jackl87]

Over the last few days, I have faced many problems while transacting a few tokens. Even after I repeatedly deposited in a few wallets, at one point the transaction was going to stop. That is what is in Uniswap. I have deposited 20$ due to additional fee. But the fee needs to be above 50$. So has been interrupted to swap a few times. Currently I think the Ethereum platform is the most expensive. What do you think?

It's nothing new that the Ethereum network was almost unusable for "normal" users that are trading or sending amounts of below 100$ or so because if you have to pay 30$ or more for a simple swap on uniswap. That is also the main reason why the binance smart chain has become so popular in the last few months and a lot of projects that were ETH-only a few months ago have also a token on the bsc-chain now. I am not a big fan of BNB and the binance smart chain because for me binance is one of the most centralized projects in the cryptoworld and i don't want it to become a monopolist but i feel kinda forced to use the BSC chain at the moment, because i just can not afford the ETH fees.

[rika0223]

The problem of gas costs Currently according to our monitoring the Ethereum platform is the most expensive, that's true because until now this is a topic that has been discussed by bitcoiners and hunter trading for a long time, but until now there has been no change, but the transfer journey to the wallet continues smoothly, but only having problems with large gas costs for the sake of the smooth network

[zasad@]

In Ethereum, the situation with commissions will not change for a few more years, because many shards need to be launched in order for the main network to have low commissions. Therefore, many projects are already using a Level 2 solution.
Some users will have to spend on bridging fees, but L2 solutions are also supported by exchanges, so this is not a problem.
But decentralized trading has always been expensive.

[Ros-In]

I'm not sure if the ethereum gas fee will go down or return to normal as before, on the contrary I believe the gas fee will increase every year.but it will not reduce the interest of traders because there is always innovation

[tvplus006]

Yes, trading ethereum tokens on the decentralized exchanges are the most expensive one than others, if you want to make the trade to happen then you have no other choice than spending the required fee but if you are someone who is not ready to spend that much as fee but don't care about the KYC then there are some good centralized exchanges are available for cheapest trading experience.

No centralized exchange will be able to replace DEX, since new coins are listed there first of all. And we have to recognize the fact that many new coins introduced on DEX will never appear on centralized exchanges. This, along with confidentiality, ensures high turnover of trading on decentralized exchanges.

[bahagia93]

I'm not sure if the ethereum gas fee will go down or return to normal as before, on the contrary I believe the gas fee will increase every year.but it will not reduce the interest of traders because there is always innovation

Let's play the logic on this so you can keep your mind open when comparing the past cost of Gas to the current cost of Gas on Ethereum.
In the past when the price of Ethereum was at $100, the number of digits of fees that had to be incurred on each transaction looked the same as it is now, so why now the fees are expensive when calculated in dollars? the answer is what is the price of Ethereum today and how much is the price of Ethereum in the past, I think that alone is enough to make you understand buddy

[Findingnemo]

Yes, trading ethereum tokens on the decentralized exchanges are the most expensive one than others, if you want to make the trade to happen then you have no other choice than spending the required fee but if you are someone who is not ready to spend that much as fee but don't care about the KYC then there are some good centralized exchanges are available for cheapest trading experience.

No centralized exchange will be able to replace DEX, since new coins are listed there first of all. And we have to recognize the fact that many new coins introduced on DEX will never appear on centralized exchanges. This, along with confidentiality, ensures high turnover of trading on decentralized exchanges.

I don't see it as good thing because most of the scam projects can even listed on the DEX with no barriers so the users are going to lose their money but when it comes to CEX there will be atleast some criteria to meet for a project before getting them to be listed.

[Doell]

ethereum gas fee have indeed been very high in the past months on the dex swap exchange platform ,more unnatural when you trade using a mobile device on swap dex ,its strange at the already written fee of 8 dollars and when you want to enter again the fee increases to 30 dollars until it can be even more ,does the OP trade using a mobile phone?

[Vatimins]

     You know OP, I really agree with you. I used to be a frequent user of Ethereum when I transfer funds because back then, I was still a newbie in this industry and only trusted bitcoin and Ethereum and Ethereum having lower fees than btc, I used it often. But nowadays, the fees have gon crazily out of proportion. The fees are way too expensive! Even more expensive than btc! So now, I use xrp to transfer funds. But in swapping or buying coins on service providers like uniswap, sushiswap, etc., We really have no choice but to use Ethereum when swapping with erc20 tokens. I just hope a solution is created about this problem of horrendous fees!

[fadil46]

It is true, very expensive transfers, now only projects with high liquidity are made on the air, because cheap projects are not even able to transfer money, taking into account such a high commission for the transfer of tokens.

Cheap projects or projects that don't have enough funds will always use and see Blockchain networks that are very cheap in terms of transfer fees, besides the developers will also not be able to use expensive networks for projects whose capital is only mediocre.

[tvplus006]

I don't see it as good thing because most of the scam projects can even listed on the DEX with no barriers so the users are going to lose their money but when it comes to CEX there will be atleast some criteria to meet for a project before getting them to be listed.

For me, the main criterion for buying on DEX is the price of the coin. I will not persuade you to buy new coins on decentralized exchanges) Here, every trader should assess the risks for himself. But I prefer to buy coins at a low price on DEX than to buy them on centralized exchanges at a price several times higher after listing on CEX.