Transaction fees

[Bobcrypto]

Well, I think transactions fees are very high this days because we are experiencing a green market trend. However, I believe that when the prices drops, the transaction fees will follow this trend. Ethereum has been known to had increased it's gas prices recently, and it has also prompted other token/coins to follow the same high transactions fees across several networks. It is really becoming unbearable and everyone need to speak with one voice to addressing this issue.

[H2O]

We are very much troubled to high transactions gas fees. Because we are bounty Hunters, we cannot get enough payments to pay Ethereum gas fees. Today I transfer my DEXA coin from trustwallet to probit exchange, Ethereum gas network fee only 10 dollars. I can sell only 20 dollar.

[highnayem34]

What do you think about transaction fee? Sometimes it really pisses me of.somedy, In the perfect world, there will be no comission at all. But frankly, I see that some exchanges have already decided to do that. I found a post, that it could be highly likely that the big part of the exhanges will do that soon. https://this Url is blocked due to spam/en/blog/free-transactions. Sometimes, I gotta admit, that I can spend relatively a lot of money on the comission. I hope it will change somehow. I don't know how the other users can put up with it. Is there any legal way to avoid the fees?

It is not at all with every exchanges. Some of the exchange transaction fees too low but trading fees 4 maker-taker is too high. And others transaction fees too high rather than trading fees.

[Hometown]

Ethereum 2.0 platform is the responsible for increasing Ethereum transaction fees. Due to the Ethereum transaction fees I cannot transfer my low price assets. If I transfer my Erc20 assets from Myetherwallet to another exchange then Ethereum transaction fees more than my assets value.

[Rafiq]

We are very much troubled to high transactions gas fees. Because we are bounty Hunters, we cannot get enough payments to pay Ethereum gas fees. Today I transfer my DEXA coin from trustwallet to probit exchange, Ethereum gas network fee only 10 dollars. I can sell only 20 dollar.

It is really painful. For those of you who are gracious hunters or small investors like me, it has become a choke point. As a benefactor hunter we get very few tokens from most of the current bounty projects, we are no longer able to sell them because of the extra gas fees, and the profits from small investments cannot be withdrawn for the high gas fees. It’s becoming really unbearable. So hopefully in the interest of cryptocurrency the concerned authorities will consider the matter. Thanks

[green_ninja]

currently how much you need to pay for interact with ETH and TRX smart contracts?

[KrisVlas]

Binance gives you a chance to trade their native token for other cryptos, which reveals a certain decrease in trading fees.

[highnayem34]

Transection fee is one of the important issue now a days. It should be less to make more transaction. One the other hand we also know that transection fee is the earning source of any exchange. So if it would be reasonable then both sides will be benefited.

I think binance & coinex exchange have the most reasonable transaction fees. Do you know coinex exchange dogecoin withdrawal fee only 1 DOGE.

[masterrex]

IMHO, commission is not a problem to me if its only small amount and only reasonable but if it is already a big amount thats another story but for now that Im using Binance I dont see that they are charging commission.

[hair]

IMHO, commission is not a problem to me if its only small amount and only reasonable but if it is already a big amount thats another story but for now that Im using Binance I dont see that they are charging commission.

Yes. True that this is not a problem, Binance is not too expensive for transaction fees. Many people use it now.

[EthereumDev_]

IMHO, commission is not a problem to me if its only small amount and only reasonable but if it is already a big amount thats another story but for now that Im using Binance I dont see that they are charging commission.

Yes. True that this is not a problem, Binance is not too expensive for transaction fees. Many people use it now.

I think you can use other coin alternatives which in my opinion can still have cheap transaction fees, because if you use coins that have high prices, the transaction fees will be expensive.

[KunotCoin]

It really pissed us if the transaction fees were too high, like what happens in Ethereum Network recently due to the Defi crazed in some DEX particularly in UNISWAP the transaction fees were skyrocketed to as high as $9 that was causing an uproar from Ethereum users.

[edmundo]

This is basically why the Ethereum blockchain has faced a massive backlash in the last couple of weeks. It is almost impossible to get relatively cheaper fees in the Ethereum network meaning you need to spend more money on gas and still risk the possibility of a congested network to have a successful transaction. With the emergence of other blockchains, this is leading to more competition and migrations to alternative blockchains namely; Tron, Binance etc...

[Thymoty]

What do you think about transaction fee? Sometimes it really pisses me of.somedy, In the perfect world, there will be no comission at all. But frankly, I see that some exchanges have already decided to do that. I found a post, that it could be highly likely that the big part of the exhanges will do that soon. https://this Url is blocked due to spam/en/blog/free-transactions. Sometimes, I gotta admit, that I can spend relatively a lot of money on the comission. I hope it will change somehow. I don't know how the other users can put up with it. Is there any legal way to avoid the fees?

I think that providing fees for each of our trading activities is fine, as long as these fees are still reasonable. But the problem is that most of the current centralized trading platforms charge their users high fees but they are not accompanied by good service. With this in mind I think DEX is better than a centralized trading platform.