Ethereum fees are becoming like Bitcoin fees

[krypto4uvak]

Yes, I noticed it too and it worries me very much.

[hushpupppy]

Lately ETH fees have increased and I have been paying ~50 cents for a normal ETh transaction, but then - $1 for contract functions. Used to be a few pennies at most to get your transaction confirmed quickly and now it's $1+.

I feel like this is a wrong analogy, etherum fees are now more than bitcoin fees and ridiculously uncalled for, etherum was supposed to provide balance and ease required of the crypto currency space and make the tokens and altcoins easier to send to and fro.

[tinakoya]

Ethereum transaction fee is indeed very high currently and it's probably due to high demand of network usage and congestion. Hopefully the upgrade of Ethereum v 2.0 will fix this ridiculous fee. I don't even want to imagine how high the fee will be when ethereum price surges even higher

[Iem Ae]

i think eth gas fee too much for now.. i'm a bounty hunter, after received bounty reward and want to sell my token, i got surprise attack.  gas fee more expensive than what I want to sell.
can somebody tell me? when eth 2.0 will complete and the cost will be cheap...

[Alcor]

These are just temporary difficulties. They have arisen due to the fact that the number of transactions using ethereum has grown significantly and the network has become clearly congested. Hopefully, the expected improvements will remedy the situation when the scalability of this coin grows to thousands of transactions per second.

[babu10]

Lately ETH fees have increased and I have been paying ~50 cents for a normal ETh transaction, but then - $1 for contract functions. Used to be a few pennies at most to get your transaction confirmed quickly and now it's $1+.

Yea, fee now gradually going high and thats very panic for us. But at the same time if market goes good, we can earn from different side and at that time fees is no factor. But if we don't have any income and project goes to scam at that time fees is very problematic for everybody. Actually we have nothing to do against fees and if we want to trade we have to give fees that may be high or low.

thanks.

[gulsoom2020]

now fees is reduce check it on myetherwallet now its low fees

[Iem Ae]

now fees is reduce check it on myetherwallet now its low fees

ETH 2.0 Medalla Testnet is live. lets wait and see...

[Gurujebs]

Lately ETH fees have increased and I have been paying ~50 cents for a normal ETh transaction, but then - $1 for contract functions. Used to be a few pennies at most to get your transaction confirmed quickly and now it's $1+.

Just yesterday, I was trying to send some tokens to Probit exchange, the transaction fee required 3.9usd worth of Ethereum for sending a token that worth just $20.
Sendimg Ether itself isn't that much but tokens on Ethereum blockchain is becoming difficult. It's discouraging. I hope they do something about it soon.

[Gurujebs]

now fees is reduce check it on myetherwallet now its low fees

What fee are you talking about,sending ERC20 tokens is still difficult, the transaction fee is still insane.

ETH 2.0 Medalla Testnet is live. lets wait and see...

It will take time before achieving this, this is Testnet and not mainnet

[dodok]

Yes, I agree with you, eth transaction fees are now expensive, which I will question will eth prices be high?  and what is the opposite of high eth transactions but eth prices are decreasing?  and will this be valid forever or temporarily?

[Malam90]

Ethereum transaction fees is now higher than Bitcoin fee. Now minimum Ethereum transaction fees 0.0025 eth to 0.003 eth which is worth of $1.20 nearly but Bitcoin transaction fees is relatively lower which is 0.0001 btc that i am giving fees in blockchain wallet. Ethereum transaction fees is too high which is frastrating for the users and satisfactory for miners.

[syedrasool2011]

6.44$ is still more.. Even when you do trust wallet or metamask.. Directly from uniswap, you will pay maybe less than 3$ or sometimes less than 2$

[Gurujebs]

6.44$ is still more.. Even when you do trust wallet or metamask.. Directly from uniswap, you will pay maybe less than 3$ or sometimes less than 2$

This is even better, I tried sending some USDT to and exchange, my trust wallet almost charged $9 worth of of ether to send  $39 USDT. It's becoming annoying.

[comer]

i think it was attributed to the increase of value of ETH in the marketplace. once the price of eth will increase sometimes, the gas fee will also be increase because we are paying the ethereum digit and not in usd. once the price is high the numeric value of the ethreum gas will also increase in response to usd.. I'll Just hope that the dev team will make adjustment that would satisfy the platform user so it would not transfer to other crypto platforms.