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Author Topic: Best Ethereum Wallet with Lowest fee?  (Read 404 times)

Online bitterguy28

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Best Ethereum Wallet with Lowest fee?
« on: May 09, 2024, 06:44:16 AM »
I know that there is already topic about Ethereum wallet but what I wanna ask is "Can you give me Ethereum wallet that almost like Exodus safety but has lower fees and has a Lowest Minimum withdrawal and Deposit"?

thank you in advance as I am getting harder to use exodus nowadays not like in the past that I am comfortable in this wallet.

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Best Ethereum Wallet with Lowest fee?
« on: May 09, 2024, 06:44:16 AM »

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Offline Aanuoluwatofunmi

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Re: Best Ethereum Wallet with Lowest fee?
« Reply #1 on: May 09, 2024, 07:37:16 PM »
I know that there is already topic about Ethereum wallet but what I wanna ask is "Can you give me Ethereum wallet that almost like Exodus safety but has lower fees and has a Lowest Minimum withdrawal and Deposit"?

thank you in advance as I am getting harder to use exodus nowadays not like in the past that I am comfortable in this wallet.

The gas fee on Ethereum is not on wallet type base, we have to understand this, neither does using a particular wallet like exodus will make you realized a cheaper fee from making transactions, because exodus is just a wallet only simpler for the beginners to use and understand, nothing relates with having cheaper transaction fee rates, you will have to constantly check on the network fee rate to track down when it is cheaper before making your transaction.

Offline bayu7adi

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Re: Best Ethereum Wallet with Lowest fee?
« Reply #2 on: May 17, 2024, 06:19:12 AM »
I think there are only two types of wallets that determine fees, namely custodial and non-custodial wallets. However, basically the amount of the transaction fee is based on the network fee, not the wallet, so it is possible that the custodial wallet will set a higher fee for ETH transfers to other types of wallets or other addresses when the fees are rising. Usually the fee will look cheaper when the transfer is made to a custodial wallet using the internal transfer method, sometimes even zero fee.

Easily dividing it into two is, custodial wallet = e.g exchanger wallet (more list : https://www.alchemy.com/list-of/custody-solutions-on-ethereum)
and non-custodial wallet = wallet where you hold the private key, this can be from MEW or metamask

Offline ABCbits

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Re: Best Ethereum Wallet with Lowest fee?
« Reply #3 on: May 17, 2024, 11:55:13 AM »
@Aanuoluwatofunmi is right. So you probably better ask "Which Ethereum Wallet let me configure TX fee rate manually?". I recall both MetaMask and Exodus let you do that under advance/custom option.
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Offline dkbit98

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Re: Best Ethereum Wallet with Lowest fee?
« Reply #4 on: May 17, 2024, 08:40:10 PM »
Transaction fees is not connected with ethereum wallets in any way, so you can't have one that has lower fees.
It is best to set fees manually with any wallet you are using after checking gas fees, and I think Rabby wallet is much better option for that than more commonly used metamask wallet.
You can download Rabby and install it on your computer, use it as browser extension, or as mobile application for smartphones:
https://rabby.io
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Re: Best Ethereum Wallet with Lowest fee?
« Reply #5 on: May 17, 2024, 09:29:36 PM »
I know that there is already topic about Ethereum wallet but what I wanna ask is "Can you give me Ethereum wallet that almost like Exodus safety but has lower fees and has a Lowest Minimum withdrawal and Deposit"?

thank you in advance as I am getting harder to use exodus nowadays not like in the past that I am comfortable in this wallet.
A popular wallet for ETH was MEW but now many types of wallets are available so everyone uses different types of wallets. I use Metamusk, MEW and Trustwallet for eth. Because I use smartphone a lot, so I use smartphone wallets more.  When I first came to the crypto world I used the MEW wallet for ETH. So far I haven't stopped using this wallet, transaction fees are also very low. So I recommend people close to me to use MEW

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Re: Best Ethereum Wallet with Lowest fee?
« Reply #6 on: Today at 02:15:50 AM »
@Aanuoluwatofunmi is right. So you probably better ask "Which Ethereum Wallet let me configure TX fee rate manually?". I recall both MetaMask and Exodus let you do that under advance/custom option.
As far as I know, most crypto wallets have the feature of easily customizing fees according to user needs. Users only need to search for instructions and follow them to be able to save transaction fees when necessary. MetaMask, Coinbase, Blockchain, TrustWallet, SafePal... - users have many choices.

The only case where users are forced to accept high fees is when using the Swap feature on the crypto wallets. These wallets often charge high fees to ensure the fastest possible user experience. Users of the Exodus Swap feature will understand this very well ^^
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Re: Best Ethereum Wallet with Lowest fee?
« Reply #6 on: Today at 02:15:50 AM »


 

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