High ETH withdraw Fees, how to Solve

[Wildwest]

If you want to make a withdrawal with ethereum of course the cost that you have to spend is very large because for now the price of ethereum is getting higher, then in this case we can overcome by selling ethereum in the form of other coins that are lower in price after that can only make withdrawals because for now many potential alcoins that we can exchange with ethereum so that the cost you spend is smaller, But the network used using erc-20 then this problem can not be overcome because for now the gas is very high.

[LUCKMCFLY]

I use Binance,  Kucoin etc crypto exchange for Trading, Binance use very often and I use Kucoin very rarely. But my main problem is high eth withdraw fees from Exchange to Personal wallet (MyEtherwallet). Have any crypto exchange with low withdraw fees?               

You can try FTX. I often use this exchange just to look for low ETH transaction fees, and the fees also usually match the gas at the time.

Since they recommend FTX, what advantage does it have? If I have tokens in my metamask wallet, how much does the price drop? I understand that the fork will be released on December 8, do you have to wait for it to enter FTX? Excuse me for asking, the truth is I don't have an FTX account, and since they name it so much, how much are the fees? what is the cost in USD? Because about 2 months ago to get some tokens I spent around almost 200USD, which seemed crazy to me, that for me is a lot of money to just have paid it like that, a fee must be cheaper, I understand the congestion, but it is very expensive.

[sitbang]

investing in Ethereum is great and the risk is very low, but when it starts to send/convert wallet coins to wallet, the fees are cut quite a lot, so there's no way to deal with it in this situation and can't get away from this. In fact, everything is decided by the platform itself.

[mafoja1]

Deletd

[CDC AP]

I use Binance,  Kucoin etc crypto exchange for Trading, Binance use very often and I use Kucoin very rarely. But my main problem is high eth withdraw fees from Exchange to Personal wallet (MyEtherwallet). Have any crypto exchange with low withdraw fees?               

Well I am also looking for the solution of this problem since quiet some time now. For persons like me who use small amounts to transfer ethereum is not usable for us now and I also stopped using ethereum now for my transactions. I use bitcoin most of the time or use binance but using ethereum is not possible for small transactions now.

[19Nov16]

I think ETH can only be held by whales, expensive transaction fees will certainly not be felt by whales who transact at least thousands of dollars, but I think positively that with high transaction fees of course only giant projects will use Ethereum so ethereum will not be used to create projects that potential scam.

[budlo]

Yes, transactions in Ethereum are very expensive compared to other EVM networks but it's worth noting that lately you can easily find moments when the gwei is below 60 which means cheap transactions within the ether network (less than 50 $).
So seize the moment if you really need it.

[Kodok Bencot]

I tried to use many wallets like Myether, TRUST, Metamask, Binance and so on, and to send tokens the cost is always more than $50, this is an unrealistic fact because the fees are very expensive, and the thing we can do is wait for the rumored presence of ETH 2 can reduce gas costs by up to 75%.

[evichi]

Ethereum gas fees are really very high. Currently,  Ethereum 2.0 project is still ongoing. The project is intended to reduce Ethereum gas fees. Untill then we have to look out for ways to  handle the high gas fees. First,  we look out for exchanges the have low withdrawal fees. Secondly if you don't intend to keep Ethereum for short  or long term, why not trade Ethereum for another coin,  say coin with BNB network and withdraw the BNB based network coin which should be  cheaper instead of withdrawing Ethereum? At the end of the day what you really  need is a coin that is valuable and will not suddenly loose value. I think with some planning we can minimise the rate of Ethereum transactions,  thereby minimising loss of funds  due to gas fees.

[Ngewex Yuk]

We can't be solved because this is like being locked by the ETH network, if we have a balance in an exchange wallet then the best way is to switch to another coin such as MATIC, TRON or others, but if we want to sell ERC-20 token assets that require ETH fees of course the value of the token must be greater so that we do not lose.

[nimogsm]

Now you can send tokens within $10 per transaction. relatively inexpensive against the background of what was a month ago, but it's only in the first half of the day there will be such prices, in the evening gas will rise again and you will have to wait for the morning again. It seems that soon the commissions will be available to everyone and it will be possible to conduct transactions as before.

[repear7]

I use Binance,  Kucoin etc crypto exchange for Trading, Binance use very often and I use Kucoin very rarely. But my main problem is high eth withdraw fees from Exchange to Personal wallet (MyEtherwallet). Have any crypto exchange with low withdraw fees?               

This is not a problem with the exchanger like Binance and kucoin. They have no problem. The main problem is that the ether is free of gas. And the main reason for this increase in gas free is the increase in ether translation. Withdrawal fees were lower when UNISWAP did not have such an exchanger and transactions were low. The fees for uniswap have been much higher since its inception. The main reason for this is that uniswap has a lot more transactions. This transaction increases Ether's withdrawal fee.

[shawon01]

I don't understand why Ethereum's gas free time has increased so much.
I'm hoping for a few days of wine etherium.  Its gas free.  Janapiyota due to Ethereum's gas free.  Getting lost day by day

[Fredomago]

I use Binance,  Kucoin etc crypto exchange for Trading, Binance use very often and I use Kucoin very rarely. But my main problem is high eth withdraw fees from Exchange to Personal wallet (MyEtherwallet). Have any crypto exchange with low withdraw fees?               

This is not a problem with the exchanger like Binance and kucoin. They have no problem. The main problem is that the ether is free of gas. And the main reason for this increase in gas free is the increase in ether translation. Withdrawal fees were lower when UNISWAP did not have such an exchanger and transactions were low. The fees for uniswap have been much higher since its inception. The main reason for this is that uniswap has a lot more transactions. This transaction increases Ether's withdrawal fee.

Congestions still the main reason why gas fee for ETH are high. It's not the problem with the exchanges they are just following
how much the network is asking to execute the transaction that customer is requesting them to process, until now, there's no
clear information about this concern, if ETH will adjust and when it will happen.

Best not to use or not to transfer if you are not in the hurry, or you can use the exchange itself for temporary place to
hold your asset.

[Dr.Osh]

I use Binance,  Kucoin etc crypto exchange for Trading, Binance use very often and I use Kucoin very rarely. But my main problem is high eth withdraw fees from Exchange to Personal wallet (MyEtherwallet). Have any crypto exchange with low withdraw fees?               

few days ago, I used FTX to make a withdrawal for ETH to Myetherwallet. I didn't think that the fee from FTX to MEW was only 0.001 ETH. Well, that's a very cheap fee considering that there are currently quite a number of exchanges that provide a fairly large fee for ETH. normally the ETH withdrawal fee from FTX is 0.001 ETH to 0.0025 ETH. I don't know what makes it smaller, but even when it's 0.0025 ETH, it's already very cheap compared to other exchanges. you only need to do KYC level 1 to be able to make transactions there.

[LittleBitFunny]

I use Binance,  Kucoin etc crypto exchange for Trading, Binance use very often and I use Kucoin very rarely. But my main problem is high eth withdraw fees from Exchange to Personal wallet (MyEtherwallet). Have any crypto exchange with low withdraw fees?               

This is not a problem with the exchanger like Binance and kucoin. They have no problem. The main problem is that the ether is free of gas. And the main reason for this increase in gas free is the increase in ether translation. Withdrawal fees were lower when UNISWAP did not have such an exchanger and transactions were low. The fees for uniswap have been much higher since its inception. The main reason for this is that uniswap has a lot more transactions. This transaction increases Ether's withdrawal fee.

Exactly,
As the demand and uses increase so will the density of the cloud in the network. You know, a lot of projects have been launched in the Ethereum blockchain and the number of ERC-20 smart contract projects is constantly increasing. Gas fees are increasing due to extra crowed and handling traffic.

There is no reason to blame the exchange. Though they took a high fee but, In most cases, reputed exchanges demanded a small fee to process the transactions and use the rest of the funds to boost the transactions. Because of the transaction speed is slow, the exchange will lose its customer.

[smartaction]

Ethereum now  Has become an annoying blockchain coz of the high gas fee. This problem has been going on for a long time.  But eth technical team is not doing anything about it. we don’t know when eth gas will be Reduce. But hopefully this problem will be solve first months of next year

[Coin_trader]

Ethereum now  Has become an annoying blockchain coz of the high gas fee. This problem has been going on for a long time.  But eth technical team is not doing anything about it. we don’t know when eth gas will be Reduce. But hopefully this problem will be solve first months of next year

They are doing everything right now to solve scalability issue. Its very hard for an original blockchain to improve instantly there blockchain capacity while it was design for a normal transaction volume. ETH v2.0 is there last hope to solve this that's why they are focusing there resources on developing it.

Most of new blockchain easily implement new technology from ETH open source blockchain because there's no dapp running on there ecosystem while building so they can stress test all they want while ETH movement is very limited due to the volume of Dapp running on there blockchain.

[Google+]

I don't understand why Ethereum's gas free time has increased so much.
I'm hoping for a few days of wine etherium.  Its gas free.  Janapiyota due to Ethereum's gas free.  Getting lost day by day

Ethereum is already very different and not the same as the others so you also don't deserve to equate Ethereum with others even though you complain about the Gas costs that are happening to Ethereum at this time

[2girls]

I think this is a very serious issue  because the position of Ethereum an the combination of BSC is less because the everyone support the BSC network because the Transaction fee is so small then compare to etherium so i simply say that every one know the people can't use a Ethereum because they cannot pay the fee so this matter is very serious Ethereum solve there fee problem in case they loss there position.