pawanjain
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January 24, 2022, 03:40:11 PM |
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Let’s begin with me. Mine was like almost $100 in ETH for just claiming my tokens from the bounty that took me a year of waiting. Would love for you to share your experiences as well! Thanks!
That's exactly the same as mine. Even I had some Aave tokens in one of old ETH wallet which I noticed last year. I tried to claim it but there was a certain procedure where I had to swap the LEND tokens to Aave. The total price of tokens was around $400 out of which a gas fees of $100 was used in the swapping. But still I was able to accumulate $300 for free
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Sterbens
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January 24, 2022, 03:59:22 PM |
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Let’s begin with me. Mine was like almost $100 in ETH for just claiming my tokens from the bounty that took me a year of waiting. Would love for you to share your experiences as well! Thanks!
That's exactly the same as mine. Even I had some Aave tokens in one of old ETH wallet which I noticed last year. I tried to claim it but there was a certain procedure where I had to swap the LEND tokens to Aave. The total price of tokens was around $400 out of which a gas fees of $100 was used in the swapping. But still I was able to accumulate $300 for free If $300 means you are profitable at the expense of costs around $100 and you still have a very large profit. At times like this, such calculations must be carefully considered so as not to be wrong in taking advantage. Because you are already profitable above $ 100 you should not miss, it can give you the option to spend. Lol
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repear7
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January 24, 2022, 04:05:51 PM |
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I spend about 100$ a week on ether. Because I buy different types of tokens. I paid the most at one time 145$ gas fee. Then there was a token which would have been a huge loss if not for sale. So I sold it with a 145$ gas fee.
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topbitcoin
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January 24, 2022, 04:40:30 PM |
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Not much than $50 maybe, because when i use ETH as transaction, maybe ETH price not high like nowadays. But now, if joined project that use ETH, i will just hold the coin if fees is really high. So my answer for today and in future maybe not much than $50 i can afford to pay fees. Can be higher if the coin value is much more than the fee and it is worth to spend money for fees.
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topbitcoin
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January 25, 2022, 08:03:48 AM |
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Not much than $50 maybe, because when i use ETH as transaction, maybe ETH price not high like nowadays. But now, if joined project that use ETH, i will just hold the coin if fees is really high. So my answer for today and in future maybe not much than $50 i can afford to pay fees. Can be higher if the coin value is much more than the fee and it is worth to spend money for fees.
Indeed, to get around the high price of ethereum gas, the price of coins must be higher to use ethereum or if it is calculated that a large number of coins can cover the cost of the gas, but if the cost of coins is cheaper we should not use it, speaking of opportunities it really depends on yourself we ourselves, if there is no profit then leave, to spend high costs there must be a match between coins and gas costs incurred. You are right, that is why sometimes coins which have $10-$30 in value, when in past is really worth to sell, now people don't have any choice beside to hold it, and hold not because price of the coin dumped but not worth the profit because need higher amount of money to pay fees, or maybe from that $10-$30 value of the coins, only give under $10 profit.
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Ararbermas
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January 25, 2022, 08:30:12 AM |
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Nothing because its not fair amount to be honest and no matter what, i will not paying massive fees just to convert my token. infact there are some other way how to cash out our erc20 token without paying massive fees and that's through bsc network which has a very low fees nowadays.. actually I've done it once using metamask wallet and swap site , although you need to configure another network in order to convert erc20 token to bsc within meta wallet but it's all worth it because the fees is too cheap.
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RealMalatesta
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January 25, 2022, 05:33:49 PM |
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Nothing because its not fair amount to be honest and no matter what, i will not paying massive fees just to convert my token. infact there are some other way how to cash out our erc20 token without paying massive fees and that's through bsc network which has a very low fees nowadays.. actually I've done it once using metamask wallet and swap site , although you need to configure another network in order to convert erc20 token to bsc within meta wallet but it's all worth it because the fees is too cheap.
Good choice. Say if the fee is 50 dollars in etherium and the tokens you want to sell are worth 70 dollars only, I do not think I can accept this deal even though I will be left with 20 dollars because I spend lots of time working hard just to earn those tokens in a bounty and not to mention the time that it takes to hold just to grow that value. If you do not mind can you share the method your talking about? I still have some erc20 tokens in my wallet and i would love to convert them into cash but fees in etherium networks have not returned to normal yet. What is worst is that I can only trade them at uniswap, we know the fees on this exchange are also crazy.
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martina14
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January 26, 2022, 08:24:15 AM |
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We all know how most of us are sick and tired of Ethereum’s exorbitant and uncontrollable gas fees these days? But I wanna hear some experience from you guys. Whenever you trade, transfer an ERC20 token, swapping it on Uniswap or minting and buying an NFT on the OpenSea, etc., can you remember what is the highest gas fee you’ve ever paid?
Let’s begin with me. Mine was like almost $100 in ETH for just claiming my tokens from the bounty that took me a year of waiting. Would love for you to share your experiences as well! Thanks!
Well, in my experienced I think the highest fee in which I had made a transaction with erc20 was around 83$ I think. After that moment, I shifted in the other altcoins were there is a low fee and avoided ETH(ERC20) it was really too expensive even up to the present time now they never change at all.
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_IRMAN
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January 26, 2022, 08:37:30 AM |
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We all know how most of us are sick and tired of Ethereum’s exorbitant and uncontrollable gas fees these days? But I wanna hear some experience from you guys. Whenever you trade, transfer an ERC20 token, swapping it on Uniswap or minting and buying an NFT on the OpenSea, etc., can you remember what is the highest gas fee you’ve ever paid?
Let’s begin with me. Mine was like almost $100 in ETH for just claiming my tokens from the bounty that took me a year of waiting. Would love for you to share your experiences as well! Thanks!
My biggest fee was only $60 to claim the airdrop token, but sadly after I claimed the airdrop, the token price was dumped and what I got was much lower than the gas cost I spent.
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takngantuk
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January 26, 2022, 10:31:43 AM |
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42$, that was the last time I used the ethereum network. that transaction was the last transaction I made to sell the ERC20 tokens I held. after that i never invest again in projects that use erc20 network. I prefer to use other networks such as BSC, Solana or Tron. this is better than dealing with unreasonable gas fees.
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fvb
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January 26, 2022, 11:28:33 AM |
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We all know how most of us are sick and tired of Ethereum’s exorbitant and uncontrollable gas fees these days? But I wanna hear some experience from you guys. Whenever you trade, transfer an ERC20 token, swapping it on Uniswap or minting and buying an NFT on the OpenSea, etc., can you remember what is the highest gas fee you’ve ever paid?
Let’s begin with me. Mine was like almost $100 in ETH for just claiming my tokens from the bounty that took me a year of waiting. Would love for you to share your experiences as well! Thanks!
The biggest gas fee I paid was $50. This was when I transferred the stablecoin USDT from Polygon to the Ethereum network on Metamask. It was a long time ago and out of ignorance of some options. This will not happen again and everything will be done at a lower cost.
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masterrex
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January 26, 2022, 12:57:18 PM |
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In 2021 I remember the highest gas that I was paid was $78 on Uniswap and that's the last time that I was use the Ethereum Network because I temporarily stopped using it but lately the fees were dramatically reduced that's why now I was able to use it again and pay gas worth $20-25 dollars but still it was high compared to the most leading Blockchains in the industry which is not good for long term.
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smartaction
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January 26, 2022, 04:26:16 PM |
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I think I remember paid around $300 as my highest qhen I am apeing during sometime ago. This has been incurred during uniswap hype, cant really wonder how I got with the fees but aping on the tokens I bought during that time seems to be good as I recover the fees including some gains when i sold the tokens I bought. Actually thats been a hurt but what can i do? Those are the rates of fees needed to be able participate. Its kinda hurting now I shifted to other blockchains.
I have paid around 246$ as my highest fees for Erc20 chain on Uniswap. But i have swap one my token which gave me 4x profit. here 246$ is was not matter for me. Because I was there at a profit of about 8,000 dollars. But it is usually very difficult to use an ethereum chain for a small dollar.
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jc12345
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January 26, 2022, 05:37:00 PM |
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Around $80 for me to get a token onto an exchange and later $75 to withdraw again from the exchange, but just because I made a silly mistake. I avoid ETH for as far as I can, but some tokens still stuck there. Those I basically wrote off as it is not worth it to move. I have also bitten the bullet a few times around $30-$60 for once off cross-chain swaps and then it is smooth sailing after that. At least those are once-offs.
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lenovop-70
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January 26, 2022, 07:07:01 PM |
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Ethereum gas is fantastically expensive, we can't deny that, I once paid $70 for a single transaction and I've given up since then, that's why I mostly use BSC for my trading transactions. Ethereum is become network for big transactions, not small ones like mine.
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Abiky
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January 31, 2022, 01:58:01 AM |
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We all know how most of us are sick and tired of Ethereum’s exorbitant and uncontrollable gas fees these days? But I wanna hear some experience from you guys. Whenever you trade, transfer an ERC20 token, swapping it on Uniswap or minting and buying an NFT on the OpenSea, etc., can you remember what is the highest gas fee you’ve ever paid?
Let’s begin with me. Mine was like almost $100 in ETH for just claiming my tokens from the bounty that took me a year of waiting. Would love for you to share your experiences as well! Thanks!
ETH's a real sucker in gas fees. It's probably the most expensive blockchain in the world right now. Believe me, I've paid over $172 just to swap one token to another on Uniswap. For normal transfers, the highest fee I've paid was $47. That was when ETH was heavily congested during the "De-Fi"/NFTs hype. After I've discovered that ETH's fees were lower during weekends (especially early in the morning), I've started saving money big time. L2 scaling solutions like Optimism, and Arbitrum also helped me pay as low gas fees as possible. With so many alternative chains on the market right now, high gas fees are the least reason to worry about. You can simply switch to another chain if you don't like paying much on the ETH blockchain. Hopefully, everything will change after the PoS upgrade. As long as ETH remains decentralized, nothing else matters. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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LUCKMCFLY
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January 31, 2022, 03:17:53 AM |
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Ethereum gas is fantastically expensive, we can't deny that, I once paid $70 for a single transaction and I've given up since then, that's why I mostly use BSC for my trading transactions. Ethereum is become network for big transactions, not small ones like mine.
Well rather you didn't pay that much, in an operation months ago I paid almost 200usd in fee, it seemed too expensive, and it was going to be much more expensive, what happens is that I had a fraction of BTC in the erc-20 network and from there I passed it to BTC Wraped, something like that and I managed to lower the costs, but in reality it would have cost me almost 250usd if I had not done it that way, I think it is a big problem, scalability and ETH2.0 should solve this problem Already, and there are many projects that are being developed under this network, I prefer the BSC network that is not so expensive, at least now so many beta tests that are done in different markets is to try to supplement this problem.
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og kush420
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January 31, 2022, 03:49:18 AM |
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Ethereum gas is fantastically expensive, we can't deny that, I once paid $70 for a single transaction and I've given up since then, that's why I mostly use BSC for my trading transactions. Ethereum is become network for big transactions, not small ones like mine.
I have paid $50 several times and same as you, once I have paid about $70. Ethereum has definitely become a coin for medium to large fish. Let's hope that the launch of Ethereum 2.0 will bring changes and we will start paying a low fee again for Ethereum and ERC20 tokens transactions.
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Dr.Osh
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January 31, 2022, 04:59:59 AM |
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well, maybe around $56 to $100, that's more or less, or even more. I don't remember much. at that time I made a transaction from MEW to Uniswap, and the fee until I received the proceeds from the sale of the coins I owned was very large. well, after all, ethereum transactions have been huge for a long time. because of that, I very rarely make transactions through that network. I even avoided it.
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LogitechMouse
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January 31, 2022, 05:04:11 AM |
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If I remember correctly, I think it was around $30-40$ and after that I didn't ever tried to transact again especially if there was a very high fees. Many here experienced paying high gas fees in Ethereum since it really has a high gas fees until now but for me it wasn't Ethereum but Bitcoin. I still remember the time where transaction fees in Bitcoin are very high (even higher than Ethereum) I think it is around 2017-2018 or even in 2019.
I didn't tried to make a transaction in Ethereum and I will never knowing that there is a chance that the fees are higher than the amount of money that I want to transfer. I'd rather pick other coins or make some solutions just to not pay ridiculous fees on Ethereum.
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