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Author Topic: The transaction fee is more than double the transaction amount .  (Read 5035 times)

Offline Fadhilz123

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Re: The transaction fee is more than double the transaction amount .
« Reply #30 on: January 17, 2021, 10:53:47 PM »
I transferred $ 2 from my ether wallet today. But the fee is more than 2 dollars. fee is $ 2.53Truly it is very difficult for hunters. The transaction fee should be reduced. I hope your valuable feedback.
You say the transaction fee should be reduced. Do you think developers will hear you here. We all know that no one here can solve the problem. I also hate the Ethereum transaction fee but no one I can do.

To prevent that, wait it until gas reduce


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Re: The transaction fee is more than double the transaction amount .
« Reply #30 on: January 17, 2021, 10:53:47 PM »

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Offline Delgboke

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Re: The transaction fee is more than double the transaction amount .
« Reply #31 on: January 18, 2021, 02:15:01 AM »
This ether high transaction fees has been a problem of its own I think the mangement behind the system should do some thing about this before is out of hand, because of this transaction we have not been able to recieve out token airdrop bounty, the team of the crypto project has been complaining about fees is high.
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Re: The transaction fee is more than double the transaction amount .
« Reply #32 on: January 19, 2021, 06:37:17 AM »
If a token wants to exceed the price for being transferred, the token must indeed be incarnated following the changing times on the Ethereum market.
Tokens that are not able to compete are tokens that have no money and this is a factor in Dev's lack of cooperation with the coins he creates.

I think this is a common thing that has happened in the cryptocurrency market because tokens can be valuable if they have a lot of EThereum Liquidity.

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Re: The transaction fee is more than double the transaction amount .
« Reply #33 on: January 19, 2021, 06:52:40 AM »
I agree that the prices for transactions are high, but there is nothing surprising here, since the entire market is growing that way. It is necessary when it is more or less restored and then I think gas prices will be lower.
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Offline Tunir Baap

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Re: The transaction fee is more than double the transaction amount .
« Reply #34 on: January 19, 2021, 09:49:03 AM »
You are absolutely right now transaction fee is very high. This is very harmful for every bounty Hunter's. This is very unnecessary to more transaction fee. Some days ago transaction fee has 2$ but now transaction fee is more increase. Now transaction fee 2.5$. I think this is very high amount to transaction fee.
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Re: The transaction fee is more than double the transaction amount .
« Reply #35 on: January 20, 2021, 09:26:28 AM »
Ethereum will grow until the hard fork launch date is announced, everything is ready and can take place at any time. Thereafter, Gas prices for some operations may drop significantly.

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Re: The transaction fee is more than double the transaction amount .
« Reply #36 on: January 21, 2021, 07:10:16 AM »
When the market go high then the transaction fee is very high and i also pay almost the 6$ fee to send my coins to another wallet but this is low fee for me becasue i have good amount of coins and i just make good profit through that so this is low fee for me.

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Re: The transaction fee is more than double the transaction amount .
« Reply #36 on: January 21, 2021, 07:10:16 AM »


Offline vaysar

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Re: The transaction fee is more than double the transaction amount .
« Reply #37 on: January 21, 2021, 08:02:23 AM »
Over the year, ETH has risen in price by more than 600% and brought in twice as much profit as Bitcoin. This could be the beginning of a long-term growth phase. If the growth continues at such a pace, then the commission on the ETH network will grow to a huge size, this may stop trading on exchanges.

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Re: The transaction fee is more than double the transaction amount .
« Reply #38 on: January 21, 2021, 08:16:00 AM »
I transferred $ 2 from my ether wallet today. But the fee is more than 2 dollars. fee is $ 2.53Truly it is very difficult for hunters. The transaction fee should be reduced. I hope your valuable feedback.
Yes transaction free credulously high. If i withdraw suppose three dollars then the trisection fee will be approximately three dollars then what is the benefit to withdraw my money. It should be reduce immediately.     
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Re: The transaction fee is more than double the transaction amount .
« Reply #39 on: January 21, 2021, 10:16:47 AM »
This is usually happening before if the network is congested. So, people who want their transaction to be completed fast will pay a bit higher price than the normal but in your case I think $2 is the average gas transaction of today so better if you will send a higher value next time so that it will be fair to use the average gas fee.

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Re: The transaction fee is more than double the transaction amount .
« Reply #40 on: January 21, 2021, 12:53:43 PM »
Certainly more than double the transaction fees for transferring coins. Today, $1.43 on $1 transfer has been deducted.

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Offline Condorlaib

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Re: The transaction fee is more than double the transaction amount .
« Reply #41 on: January 21, 2021, 02:28:19 PM »
The undeniably high fees are very sensitive for those users who are transferring very small amounts of funds. But if you transfer more, the transaction price will not change significantly. The situation is the same when transferring Bitcoin.

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Re: The transaction fee is more than double the transaction amount .
« Reply #42 on: January 22, 2021, 01:49:34 PM »
My experience yesterday when transferring tokens failed because of an increase in the fee price. Even though the token I sent was quite small in value, I was very disappointed with the transaction crocodile which was very expensive.

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Re: The transaction fee is more than double the transaction amount .
« Reply #43 on: January 22, 2021, 11:10:43 PM »
I transferred $ 2 from my ether wallet today. But the fee is more than 2 dollars. fee is $ 2.53Truly it is very difficult for hunters. The transaction fee should be reduced. I hope your valuable feedback.

That fee is already cheap when I log in to MyCrypto wallet the fee is $3.00 to $7 so if you are losing money if you are going to send a small amount, gone are the days when we can spend 5 to 10 cents on gas fee, I guess it will take some time before the fee go back to that amount, I have a hard time selling some of my altcoins because of this.
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Re: The transaction fee is more than double the transaction amount .
« Reply #44 on: January 23, 2021, 04:35:20 AM »
when you have problems with very expensive transaction fees, maybe you can use other alternative coins such as TRX or others that have transactions that are not too busy, because the high transaction fees are actually from the density of the existing transactions.

 

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