Ethereum and additional gas fees

[sayam]

I have a lot of tokens stuck in my personal wallet for this high gas price of Ethereum. In between, there are many tokens that will not be equal to the gas price if they are sold. But in the midst of this frustration, I'm hopeful that after Ethereum 2.0 is introduced, all problems will be eliminated.

[SairaMahmood]

The high Ethereum transaction and gas fees are the main reason why crypto entrepreneurs are switching on BEP and TRC token.

When their prices will high they will start finding another solution to deal with this situation.

[coinzzzpro]

I have a lot of tokens stuck in my personal wallet for this high gas price of Ethereum. In between, there are many tokens that will not be equal to the gas price if they are sold. But in the midst of this frustration, I'm hopeful that after Ethereum 2.0 is introduced, all problems will be eliminated.

I have the same problem, and who will make a project that can change all tokens to ETH in one transaction by SWAP will be the hero of millions!
How hard can it be?

How does Binance have the option to exchange all tokens for BNB.

[leea-1334]

fees from ethereum are quite expensive at this time. because of that, I refuse to make transactions that are not so big when exchanging ethereum platform coins on DEX. I've also spent more than $30 just for fees.
it's just, I use it when I need it. Currently I prefer to use BSC, or Matic, coins instead of ethereum because of this fee problem.

Old story and nothing new,,, it is at least a lot more predictable this time around compared to before the London hard fork. We all know ETH 2.0 fixes this with much more tps than current implementation, so we just need to be patient for that.

$30 for fees is the max I would pay too,,, but $100 was common not too long ago

Matic/BSC etc,,, fast and cheap but unproven security. Just saying.

[mikemiller023]

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?

Exactly, we all are facing this problem. Even we can't transfer small amounts of our assets  due to high gas fees. I'm now reviewing a project which aims to do something great in this situation. They are opening a new option where we can make a transaction or transfer our assets in replace of ether fees to coin fees. But till now they are in under progress. I'm sharing you the link so that you can look up too. https://feeno.peanut.trade

[Ngewex Yuk]

This is a serious problem for me, high transaction fees make me always switch to cheaper coins like BNB, Polygon or TRON. the last time i used ethereum was a week ago and sent $78 worth of ETH but it cost $16 and took more than 2 hours to reach 12 confirmations.

[susuberuang]

The high Ethereum transaction and gas fees are the main reason why crypto entrepreneurs are switching on BEP and TRC token.

When their prices will high they will start finding another solution to deal with this situation.

It's a very natural thing for every investor to do to save on transaction fees which sometimes they use very often every day, so there's no need to discuss it because everyone will also do the same thing when they find expensive Gas costs.

[livingfree]

Yes, it is true that  Ethereum gas fee is too expensive. There are a lot of people that have token in the blockchain but do to high gas fee, so many people have left thier token over there compare to BSC blackcain that you can swap token with small gas fee.
For me I have some token worth of 50$ which I am afraid to swap due to their gas fee, because the amount of Gass fee I will use to swap the token might be more than value of token itself. Now a lot of people are losing interest in the blackcain

Just don't swap it.

That will require you a lot of eth for the fees to cover it and it's not a good time right now because the fees keep on fluctuating. I miss seeing the fees being stable and they're easy to convey because they're cheap.

But today, it's very different.

If you don't have enough funds for the gas fees, better just still keep your coins in your wallet. There are times that ethereum gas fees is quite affordable so you will have more money to save. But right now, its very high as only big whales can transact their tokens these days. This platform has definitely made us all struggles whenever there are times that we need to do transactions. Although ethereum platform's performance is reliable but the price just really give us a damn. Hopefully, things will get better soon before another platform takes over ethereum.

That's what I'm doing.

I'm keeping it and trying to be cool since I'm not in a hurry. But if someone is in a hurry then for sure that he has to check his funds rightly if he has enough ETH to cover the fees.

The high fees really suck!

[hichamito37]

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 crazy that Gasoline Fees are not fixed so expect gas prices to keep going up during a market uptrend. This is the problem with the ETH network, and it's true that it's the most expensive by far and I also have experience with it. trading and transferring my coin to the exchange, I spent my $44 on the recent transfer of my token to the exchange it cost me a lot with the expensive fees of ETH. Although the fee is the most expensive, there are still many users you can track gas fees here:
https://ethgasstation.info/index.php
https://etherscan.io/gastracker

[Ever-young]

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?

You noticing this now is as if you have been asleep for a very long time now.
This high transaction fee on ETH started since earlier this year, and trading on uniswap is one of the things am finding every means possible to avoid it.
Uniswap fee alone to trade a token can cost you over 120$ before you can execute a single transactions on that Dex.
Eth fee is extremely expensive, and I don't think their is a perfect solution to that, we just have to leave with it. Or make use of other smart chain if possible.

[PUTinCoinProject]

The London fork did not bring the desired GAS relief, didn't it? Remember the TIME NFT a few weeks ago? This used so much ETH-chain capacity, that the GAS nearly quadrupled.

And the priority fee design does the rest...

[Tomohisa]

I have a lot of tokens stuck in my personal wallet for this high gas price of Ethereum. In between, there are many tokens that will not be equal to the gas price if they are sold. But in the midst of this frustration, I'm hopeful that after Ethereum 2.0 is introduced, all problems will be eliminated.

Same here, I still have a few tokens with such low value but not entirely worthless, just very costly for swap. So if Ethereum 2.0 is able to allow us to sort out low value tokens, this means every coin will count and contribute to a more stabilize price and market, not sitting dust beccause of high fee.

[coinzzzpro]

Currently, higher gas fees are causing a lot of problems for the Etherium platform. At one time the Etherium platform was very popular. But now the transaction fee has increased a lot Has now chosen the other platform.So there is still time to reduce the transaction fee of Ethereum platform.

That's why blockchains like DOT, Solana and partly BSC are growing. But at the same time Layer-2 solutions can help in scaling the network and as a consequence reduce the price of gas. In any case, do not underestimate the prospects of the great Ethereum!

[Azar138]

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?

That ‘s right that Ethereum is the most expensive network today and while the market is still so active, it will remain expensive. That’s why I would rather small investors worked on alternative side chains and layers 2. For example you can switch to Polygon where you are to pay less than 10 cents for a transaction. I believe that Ethereum 2.0. will partly solve the problem with high gas fees and I will be able to return to this net.

[fileo]

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?

Indeed Ethereum network is the most expensive transaction gas fee. Because of this matter some investors are in difficulty to invest due to so much gas fee. That is the reason why Bep20 base tokens now are in demand because of lower fees compare to ETH. $20 gas fee for ETH compare to $1 gas fee for BEP20. By the way there are a lot of blockchain now with lower fees and super smooth to do transactions.

[minime0105]

https://etherscan.io/gastracker

If you are not ready to pay for it, do not try too hard, look at the current gas fee to decide for yourself.
I know a lot of people still can't afford the fees on ERC20 so don't try to delve into it, other top platforms won't give you the same problem instead.

I don't seem to understand why most people still want to use Ethereum even when they can't afford the high gas fees, no point forcing anything eth gas fees won't be going below $1 anytime soon, so instead of complaining I would everyone to move to a better blockchain with low gas fees and fast tps, the likes of Near Protocol, elrond bsc etc, Near Protocol is even the cheapest of them all with a $0.01 per tx fees bsc is getting close to $1 already so I'm sticking to Near for now.

[Ararbermas]

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?

actually it depends on the amount you want to dump, if you adjust the fee into the lowest value of course there's a possibility it will stop or cancelled. By the way mate If you want to swap your token i suggest used meta mask and convert your wallet into bep20 like what i did wherein i paid BNB instead of ethereum and it's very cheap.. Lol this isn't a joke, try  to make research how to do it, you will see some tutorials "ER20 to BEP20" around the internet..

Ps. In meta mask you can a costume a networks that's why it's possible. 

[leea-1334]

The London fork did not bring the desired GAS relief, didn't it? Remember the TIME NFT a few weeks ago? This used so much ETH-chain capacity, that the GAS nearly quadrupled.

And the priority fee design does the rest...

Well, depends how you look at it,,, gas fees are high for sure, but probably not as high as it might have been without the hard fork. But I do not use these days any other transaction other than normal spend so I would not know how NFT minting costs but I assume it is still beyond the means of most ordinary people.

Small fees is always good sounding until something bad with network security undoes it all.

[yohananaomi]

Since transaction fees that are too expensive make me always switch to low-cost coins for transactions like Cardano or XRP, I think ethereum should immediately lower transaction fees so that other users don't leave it.

it seems that for new projects, the effects of the high costs are already visible, because most of the new projects have left erc20 because of the high cost problem. because every project is completed, payment with erc20 will certainly take up a large fee. that's why now many projects are starting to switch to not using erc20 and looking like bsc, trx etc.

Likewise, as you said, if possible, of course, we will try our best to find trades with low costs. now everyone is trying like you, to make innovations. because you don't want what you get will be eroded at high costs. no one would want today to pay a high price, while the cheap ones exist and the speed is also very good and well tested.

[Kelvinid]

The London fork did not bring the desired GAS relief, didn't it? Remember the TIME NFT a few weeks ago? This used so much ETH-chain capacity, that the GAS nearly quadrupled.

And the priority fee design does the rest...

Well, depends how you look at it,,, gas fees are high for sure, but probably not as high as it might have been without the hard fork. But I do not use these days any other transaction other than normal spend so I would not know how NFT minting costs but I assume it is still beyond the means of most ordinary people.

Small fees is always good sounding until something bad with network security undoes it all.

No, I'd never see a huge difference in fees before and after the hard fork as for me, the fees still aren't worthy for that. We're hoping that the hard fork will be the solution to this problem but too sad it fails and we become hopeless. Maybe we can see it was not a problem for those who transfer huge amounts of ERC-20 tokens but for those who are in bounty campaigns and wanted to sell the reward that is clearly a burden to them. That is why I understand their situation and I believe we have that kind of feelings.