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Author Topic: ERC20 Network Fees is down  (Read 15883 times)

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Re: ERC20 Network Fees is down
« Reply #105 on: May 19, 2021, 06:36:27 PM »
I do not want to say anything confirmed about the gas free of the Ethereum network. Because now if we see Ethereum's gas fee is a little less but after a while it will be seen again its network fee will increase again.However, compared to the past days, Ethereum's additional network has become much more fee. Hopefully a lot of people will get this gas fee.
Yes, it seems that the problem with the ethereum platform being high cost is not something that is covered up and has become a general fact, it seems that there have been many ways to reduce costs so that they can go down but have not seen any results, until now and whether it will continue. !!!

so many projects are competing to use other platforms in order to reduce costs, because we know from the past every project has no problem with transaction costs, but now this has changed and many regret the very high cost of the ethereum platform. so they are sometimes unable to send the coins that need to be sent because the cost interferes with their spending.
So it's no wonder they are now looking a lot for other platforms and this can't be considered a non-crucial thing.
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Re: ERC20 Network Fees is down
« Reply #105 on: May 19, 2021, 06:36:27 PM »

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Re: ERC20 Network Fees is down
« Reply #106 on: May 19, 2021, 08:28:33 PM »
Due to the high transaction fee for a long time, it was less like a few days ago.  But now that the transaction fee is increasing again, I am back to the past.  Thus, if the transaction fee continues to increase, then someone will stop the token or any other transaction.  The transaction fee costs more than what I will do tenespar.

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Re: ERC20 Network Fees is down
« Reply #107 on: May 19, 2021, 08:42:58 PM »
Gas fees have not dropped since the cryptocurrency market recovered.  It is unthinkable that gas fees have increased so much since the beginning.  It costs more to charge a gas fee than to transfer a token.  Now the cryptocurrency market is shrinking and gas fees are expected to return to normal.  No one will be able to transact if the gas fee is not low

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Re: ERC20 Network Fees is down
« Reply #108 on: May 19, 2021, 11:06:09 PM »
Eth Gas prices fluctuate like ETH prices, sometimes very high sometimes low. I checked the room, the price was quite high, and just checked again, it turned out that the price had gone down. If we want to use this Eth Gas, we really have to find the right time to get cheap Gas Costs.

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Re: ERC20 Network Fees is down
« Reply #109 on: May 20, 2021, 09:48:42 PM »
You can easily to say this is a great news for all crypto user. Those of us Bounty Hunters and Traders. Because For Transaction fee we couldn’t Sell Our Tokens. Highly Transection fee, for one transection I had to pay $55. But Now Eth transaction fee is very low. Today I send a token from my erc-20 wallet but fee was only $2.59. I am very happy for it. I think ETH understand our problem and solved it. Thanks ETH.

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Re: ERC20 Network Fees is down
« Reply #110 on: May 26, 2021, 03:29:10 AM »
Despite being the second most popular coin in the Etherium price cryptocurrency due to Ethereum's extra transaction fees. But now the Ethereum transaction fee has come down so the Ethereum price has gone up. He did not raise the price because of the additional transaction fee and the investors who were there moved to another platform. But just when the Ethereum transaction fee came down, the investors who left came back, so the Ethereum price is going up.
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Re: ERC20 Network Fees is down
« Reply #111 on: May 26, 2021, 12:20:42 PM »
Yes brother I agree with you.  You are posting a very good post.  I understand something from you.  Now I can feel something.  I want the senior brothers to help us in this way.

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Re: ERC20 Network Fees is down
« Reply #111 on: May 26, 2021, 12:20:42 PM »


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Re: ERC20 Network Fees is down
« Reply #112 on: May 27, 2021, 03:15:32 PM »
I have also noticed that the gas fees of the Etherium network have been reduced a lot. I think now again everyone will gradually start using Ethereum network because it is the most popular blockchain crypto platform and this is what everyone is used to. I think the price of etherium is likely to pump up a lot now.
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Offline Rifan Khan

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Re: ERC20 Network Fees is down
« Reply #113 on: May 29, 2021, 08:14:15 AM »
One thing I've already noticed is that the network is gas free.  Now everyone is going to use Ethereum network at the present time.  It is slowly becoming known to investors.

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Offline Freemind

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Re: ERC20 Network Fees is down
« Reply #114 on: May 29, 2021, 01:57:49 PM »
I have also noticed that the gas fees of the Etherium network have been reduced a lot. I think now again everyone will gradually start using Ethereum network because it is the most popular blockchain crypto platform and this is what everyone is used to. I think the price of etherium is likely to pump up a lot now.

Yes, the transaction fees have been reduced considerably due to the small number of users using it now. The problem will come when many people use it again, congesting the network and causing the transaction fees to go up again. A definitive solution to this problem will not be available until July. Personally I use the Ethereum chain as little as possible.
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Offline gotbounty

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Re: ERC20 Network Fees is down
« Reply #115 on: May 30, 2021, 11:59:05 PM »
The fee to transfer the tones of ERC20 and also EThereum is always changing. Sometimes, it is down enough but sometimes, it really hits high fees more than hundreds Gwei. This is always bad if we are going to transfer the token and the fee is over 100 gwei, so expensive  ;D
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Offline dekafee79

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Re: ERC20 Network Fees is down
« Reply #116 on: June 07, 2021, 04:49:20 PM »
The fee to transfer the tones of ERC20 and also EThereum is always changing. Sometimes, it is down enough but sometimes, it really hits high fees more than hundreds Gwei. This is always bad if we are going to transfer the token and the fee is over 100 gwei, so expensive  ;D

I think the gas fee is unstable, sometimes go up and down.
For now I see the gas fee is going down, but we all know Ethereum price is down.
We can do transaction now, if you want to do.
But I think several Investors still hold their coin and wait.
Me too.

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Re: ERC20 Network Fees is down
« Reply #117 on: June 07, 2021, 11:47:56 PM »
Yes, that is exactly right. The fee transaction or transfer fee of ERC20 is lower than several months ago. I several times send the erc20 tokens and it was only around 10-15 gwei. Very very low and I really expect that the fee will be at this rate, not rising again reaching more than 100 gwei. This was nonsense
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Offline Mrkadir85

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Re: ERC20 Network Fees is down
« Reply #118 on: June 08, 2021, 08:57:23 AM »
It is good to hear that the transaction fee on Etherium platform is currently very low.  Where a transaction fee used to be around $ 50 a few days ago, now it is around $ 15 to $ 20.  Although it is much more than usual.  How is that possible if you have to pay $ 15 to $ 20 from some projects where $ 10 to $ 15 payment is not available.  Hopefully the transaction fee will reach the previous level very soon.

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Re: ERC20 Network Fees is down
« Reply #119 on: June 08, 2021, 11:40:39 AM »
At present, the Ethereum platform's transaction free has been reduced to a minimum. It used to be much more network free on the Etherium platform but that has changed. The most popular platform for me is the Etherium platform.

 

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