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Author Topic: ETH Gas Fee Is Double Now.  (Read 7100 times)

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ETH Gas Fee Is Double Now.
« on: March 19, 2021, 03:58:51 PM »
ETH gas fee is double now and this is not good becasue at first we pay the low fee but now almost we pay the 12$ to 15$ on each transaction and this is not good. Can anyone know on what time the ETH gas fee is low?

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ETH Gas Fee Is Double Now.
« on: March 19, 2021, 03:58:51 PM »

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Re: ETH Gas Fee Is Double Now.
« Reply #1 on: March 19, 2021, 04:15:57 PM »
I have no idea how much Ethereum gas has increased at the moment.However, the gas of ethereum is much more.However, I found out from this topic whether more transaction fees have been increased.And I don't know why the transaction fee has increased further.
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Re: ETH Gas Fee Is Double Now.
« Reply #2 on: March 19, 2021, 04:26:48 PM »
ETH gas fee is double now and this is not good becasue at first we pay the low fee but now almost we pay the 12$ to 15$ on each transaction and this is not good. Can anyone know on what time the ETH gas fee is low?

ETH gas fee is increasing because of current hype of DeFi+NFT and also more and more projects are doing ido where main thing is: First come First serve from selected whitelists. So, those investors are using higher gas price which eventually increases the overall transection fee or gas price. From my experience, i got lower gas fee when it's midnight according to UTC+0 timezone. If you're from BD, than try to do those transections in the morning.  ;)
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Re: ETH Gas Fee Is Double Now.
« Reply #3 on: March 19, 2021, 06:23:39 PM »
I believe that we have long figured out what is the reason for the high commissions in the Ethereum network and we still have a little time left when this problem will be solved with the help of the London hard fork. Despite the fact that gas prices are high, Ethereum is still the leader among platforms for smart smart contracts, and is also in second place in the cryptocurrency market.
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Re: ETH Gas Fee Is Double Now.
« Reply #4 on: March 19, 2021, 07:16:55 PM »
ETH gas fee is double now and this is not good becasue at first we pay the low fee but now almost we pay the 12$ to 15$ on each transaction and this is not good. Can anyone know on what time the ETH gas fee is low?

When was the last time you paid low fee? The gas price has been up since last year December or so, am surprise you are just realising that,
Between what choice does people have than to pay the high fees whether they like it or not.

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Re: ETH Gas Fee Is Double Now.
« Reply #5 on: March 19, 2021, 07:29:31 PM »
Looking at the increased price rate of transaction fee in ETH, I can't really tell why this of a sudden went so high, but it will really affect the holders of coins with low price value and that will make the lovers of ETH drop drastically, moving and changing their attractions to other coins in trade and holdings. Crypto currency was made for everyone to have access to with or without capital, that is why it is decentralized and without restrictions to be used by anyone in any part of the world. With this high price rate, it is placing a line of separation to the people. This has to be corrected for the fun to remain in the crypto space. 

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Re: ETH Gas Fee Is Double Now.
« Reply #6 on: March 19, 2021, 11:11:42 PM »
It is not only double but seems to be more than 5 times much higher than previously. this happens alongside the increase o the ETH price and we don't know when the gas fee of ethereum platform can really decrease at least below 80 gwei.
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Re: ETH Gas Fee Is Double Now.
« Reply #6 on: March 19, 2021, 11:11:42 PM »


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Re: ETH Gas Fee Is Double Now.
« Reply #7 on: March 20, 2021, 03:06:42 AM »
ETH gas fee is double now and this is not good becasue at first we pay the low fee but now almost we pay the 12$ to 15$ on each transaction and this is not good. Can anyone know on what time the ETH gas fee is low?
Ethereum transactions fees and uniswap trading fees give me panic because I already sold several coins but each coins don't require me no benifits. Ita already cut off Ethereum network fees .
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Re: ETH Gas Fee Is Double Now.
« Reply #8 on: March 20, 2021, 04:16:12 AM »
ETH gas fee is increasing because of current hype of DeFi+NFT and also more and more projects are doing ido where main thing is: First come First serve from selected whitelists. So, those investors are using higher gas price which eventually increases the overall transection fee or gas price. From my experience, i got lower gas fee when it's midnight according to UTC+0 timezone. If you're from BD, than try to do those transections in the morning.  ;)

Review Master, i agree with you. DeFi and NFT hype are increasing rapidly. Many IDO providing sites are offering IDO where first come, first serve basis selected. Many participants are trying to be on top by paying high fees. So transaction fees are increasing gradually, no sign of decrease soon until 2.0 completed and new version finally implemented.

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Re: ETH Gas Fee Is Double Now.
« Reply #9 on: March 20, 2021, 05:16:49 AM »
Usually the fee for the gakh is lower in the morning. But you and I probably have different time zones (

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Re: ETH Gas Fee Is Double Now.
« Reply #10 on: March 20, 2021, 05:31:31 AM »
12$ and 15$ is a little more. I sometimes sent tokens and the commission was 30$ and this is really a problem. I try to keep track of the gas price and if it falls, then only then I start sending tokens.
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Re: ETH Gas Fee Is Double Now.
« Reply #11 on: March 20, 2021, 06:17:44 AM »
It is not only double but seems to be more than 5 times much higher than previously. this happens alongside the increase o the ETH price and we don't know when the gas fee of ethereum platform can really decrease at least below 80 gwei.

Yes, I hope the Ethereum gas fee will decrease soon. As you said Ethereum gas fee is to be more than 5 timesmuch higher than previously. It is the big problem for us, We must consider for our transactions.

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Re: ETH Gas Fee Is Double Now.
« Reply #12 on: March 20, 2021, 06:18:54 AM »
currently only those with tokens in large amount or more than $ 100 can transfer on the ETH network. to the point that many say that Ethereum is a rich man's coin because of its high fees
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Offline Jaya60

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Re: ETH Gas Fee Is Double Now.
« Reply #13 on: March 20, 2021, 08:38:41 AM »
Etherium transaction fees have increased with the increase in Etherium price. It can be seen that the minimum network fees for transacting through any token Etherium platform is currently above 15 dollars. We are not able to sell any Etherium platform pair tokens due to such extra transaction fees. I believe that if there is such an increase in transaction fees then Etherium will definitely lose its popularity.
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Offline Dark Knight

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Re: ETH Gas Fee Is Double Now.
« Reply #14 on: March 20, 2021, 08:52:44 AM »
Currently Etherium transaction fee It has become a big problem.It turns out that we have to pay more than half of the dollars we are earning in transaction fee. This is a big problem for small users like us. Don't want to because the amount of transaction fee is much higher now So this problem should be solved very quickly.

 

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