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Author Topic: Transaction fee of etherium  (Read 13139 times)

Offline Seerge

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Re: Transaction fee of etherium
« Reply #75 on: December 02, 2021, 11:27:50 PM »
~

Yes, I think It's good idea..If we didn't want to choose ERC20 to transaction, we should change the platform.
But for new coins that only use ERC20, the couldn't.
that's true, but if we have to change the platform it will also cost a fortune.  Ethereum is outrageous, this exorbitant fee really disappoints everyone holding small amounts of ERC20 based tokens.

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Re: Transaction fee of etherium
« Reply #75 on: December 02, 2021, 11:27:50 PM »

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Re: Transaction fee of etherium
« Reply #76 on: December 03, 2021, 09:59:29 PM »
In my opinion, the gas costs on Ethereum do have a high exchange rate, but you have to know that because of the increasing number of transactions and of course because of the density of transactions, Ethereum increases the cost of gas, which is very expensive as it is today.

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Re: Transaction fee of etherium
« Reply #77 on: December 04, 2021, 08:27:08 PM »
Hi group! Does anybody know how much ETH it would cost me to transfer other tokens (not Eth) from one wallet to another? I have to pay for gas but can’t figure out how much exactly.

That is something that no one can tell you exactly since it is a parameter that constantly varies according to the use of the network. To find out exactly, the best you can do is go to: https://etherscan.io/gastracker

On that website you will have the exact amount updated every 14 seconds.
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Re: Transaction fee of etherium
« Reply #78 on: December 07, 2021, 03:47:37 PM »
Eth developer already have solution but when release is still mystery, as customer no need too worry. This coin have high quantity transactions because many app use their network, the good news is the app grow in there. Eth will never loss follower so keep waiting and try another coin for income, eth not die just sleep in long term period.

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Re: Transaction fee of etherium
« Reply #79 on: December 09, 2021, 09:43:18 PM »
Eth developer already have solution but when release is still mystery, as customer no need too worry. This coin have high quantity transactions because many app use their network, the good news is the app grow in there. Eth will never loss follower so keep waiting and try another coin for income, eth not die just sleep in long term period.

Didn't you know Ethereum dev have solution for this problem ? I think Not yet
Because after Ethereum 2.0 has launched, this problem didn't being solved.
High gas fee always become big problem.
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Offline Oksana Ksyusha

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Re: Transaction fee of etherium
« Reply #80 on: December 10, 2021, 06:11:39 AM »
Really now Ethereum network is too expensive. And many users try to use another networks making transactions. I like Vitalik Buterin and his smart contracts in Ethereum network. And it will be super if transaction fee will be cheaper.

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Re: Transaction fee of etherium
« Reply #81 on: December 10, 2021, 09:02:27 AM »
Yap, Ethereum gas fees is a disaster because we lose a lot of money with just 1 transaction! I don't know when this will be over because it makes a lot of people hate Ethereum and shift to the Binance network, Tron, and other chains with cheaper fees.

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Re: Transaction fee of etherium
« Reply #81 on: December 10, 2021, 09:02:27 AM »


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Re: Transaction fee of etherium
« Reply #82 on: December 10, 2021, 12:25:52 PM »
Yap, Ethereum gas fees is a disaster because we lose a lot of money with just 1 transaction! I don't know when this will be over because it makes a lot of people hate Ethereum and shift to the Binance network, Tron, and other chains with cheaper fees.

That is something that is already happening, it is only necessary to see the new tokens that are added every day to Coin market cap or Coingecko, more than 80% are on Binance Smart Chain, with more being seen on Avalanche and Solana every day. Ethereum will continue to be very popular, but if everything continues as before, its competitors will get too close, and it is possible that in the not too distant future they will end up surpassing it.
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Offline silkytakyaan86

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Re: Transaction fee of etherium
« Reply #83 on: January 08, 2022, 01:41:43 PM »
By the way, Ethereum is reliable for all.  But its high fee is also quite disappointing for everyone.I hope the Ethereum team will find a solution soon.

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Re: Transaction fee of etherium
« Reply #84 on: January 09, 2022, 08:15:01 AM »
This etherium transaction fee will lead to the down fall of this project if it is not being handled and corrected in the nearest future. It's almost impossible for any coin being held under $50 that is in the etherium Network to be transferred or withdrawn. The transaction fee is almost as equal to the total price of a coin being held. There are lots of projects that their transaction fee is very low, and one can make withdrawal of a coin worth $10 and still see something worth selling or trading. Eetherium network which has been the top leading network in all altcoins, and a foundation to many, has become the predetor.

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Re: Transaction fee of etherium
« Reply #85 on: January 09, 2022, 11:36:21 AM »
This is the problem with decentralized structures. They have low transaction count. Cheaper transfers may be possible if they become more centralized structures. BSC and SOL are like that.
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Re: Transaction fee of etherium
« Reply #86 on: January 09, 2022, 03:14:47 PM »
By the way, Ethereum is reliable for all.  But its high fee is also quite disappointing for everyone.I hope the Ethereum team will find a solution soon.
I hope so too, I have a lot of ERC20 based tokens that I should be able to send to the market but it failed due to the high cost of Gas Eth. This problem has actually been around for a long time, the Ethereum team should be able to provide a solution soon.

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Re: Transaction fee of etherium
« Reply #87 on: January 09, 2022, 08:13:27 PM »
High commissions on Ethereum are annoying. I wanted to swap in the trust wallet, but when I saw the extremely high commission, I gave up. Vitalik needs to find a solution to this situation. Because the networks of coins such as Bsc and solana are more attractive, ethereum has become undesirable.

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Re: Transaction fee of etherium
« Reply #88 on: January 09, 2022, 11:53:20 PM »
So far, fee transaction of the Ethereum network is always the most risk and problems hard to face and solve. We can see that the fees are always high, sometimes, we must spend higher than what we are going to transfer. This is very sad because most tokens are still on the Ethereum network. But the fees are likely killing.

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Re: Transaction fee of etherium
« Reply #89 on: January 11, 2022, 11:30:43 PM »
if you look at the transaction fees from ethereum which are still high in my opinion it is a natural thing because the exchange rate of ethereum is increasing and many people are using the ethereum network so that it makes transactions very congested which causes ethereum fees to be very expensive.

 

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