Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: coinhunter on October 19, 2017, 12:26:12 AM

Title: How to send cheap transaction.
Post by: coinhunter on October 19, 2017, 12:26:12 AM
With the current ETH price, a transaction can cost 0.60$ easy, that's not nothing when you are sending few tokens or sending to a lot of people.

The best way to lower the gas price, in simple transaction try 3-4 Gwei. If it fails to send you will not lose a thing, then go up till transaction succeeds.



admin edit: you can try even with 1-2 Gwei
Title: Re: How to send cheap transaction.
Post by: CryptoGirl on October 22, 2017, 12:16:38 AM
thank you, very useful tip
Title: Re: How to send cheap transaction.
Post by: titi on October 22, 2017, 11:46:54 AM
I always do that, but use meta mask to tell me if it will pass or not without sending the transaction first
Title: Re: How to send cheap transaction.
Post by: Dilerium90 on October 23, 2017, 01:18:11 AM
With the current ETH price, a transaction can cost 0.60$ easy, that's not nothing when you are sending few tokens or sending to a lot of people.

The best way to lower the gas price, ifsimple transaction try 3-4 Gwei. If it fails to send you will not lose a thing, then go up till transaction succeeds.
I understood this to late, when I send many times for 21Gwei. Now I also you 5-8. Thank you.
Title: Re: How to send cheap transaction.
Post by: yohananaomi on October 23, 2017, 03:39:13 AM
With the current ETH price, a transaction can cost 0.60$ easy, that's not nothing when you are sending few tokens or sending to a lot of people.

The best way to lower the gas price, ifsimple transaction try 3-4 Gwei. If it fails to send you will not lose a thing, then go up till transaction succeeds.

Good information, it ultimately takes extra time just to do this, but for the savings we should at least do. just sometimes loading is needed like to take a long time.
Title: Re: How to send cheap transaction.
Post by: fredrick4u on October 27, 2017, 10:37:08 AM
Thanks for this useful post.we are grateful
Title: Re: How to send cheap transaction.
Post by: wahyuagung26 on October 27, 2017, 12:03:04 PM
Now we can use 1 Gwei to send eth, yesterday i success send eth with 1 gwei
Title: Re: How to send cheap transaction.
Post by: rahul10948 on October 27, 2017, 12:22:17 PM
THANKS...HELP ME TOO LOWER HTE GAS PRICE
Title: Re: How to send cheap transaction.
Post by: Corei5 on October 27, 2017, 06:41:51 PM
thank you for the information,,, hopefully very useful...... ;) ;)
Title: Re: How to send cheap transaction.
Post by: cepi26 on October 27, 2017, 07:53:40 PM
wow wow wow .. sorry just mampir
Title: Re: How to send cheap transaction.
Post by: joejoe888 on October 27, 2017, 10:27:45 PM
I've sent quiet a few of them with only 1 gwei
Title: Re: How to send cheap transaction.
Post by: bfn on October 28, 2017, 11:11:09 AM
you can setting a gas price to 1 gwei
and set gas amount to 2000-20000
its more cheap than a default settings
Title: Re: How to send cheap transaction.
Post by: iconoclast on October 29, 2017, 03:33:14 AM
Going to give it a try. Thanks.
Title: Re: How to send cheap transaction.
Post by: sieemma on October 29, 2017, 10:36:58 AM
Now we can use 1 Gwei to send eth, yesterday i success send eth with 1 gwei
That's awesome. I never knew transaction will ever succeed with that. I will try with 1 gwei as well
Title: Re: How to send cheap transaction.
Post by: leithy on October 29, 2017, 11:32:13 AM
Does this work for tokens as well as the coin?
Title: Re: How to send cheap transaction.
Post by: epicryptoinvestor on October 29, 2017, 04:19:22 PM
This is helpful. Gonna try this
Title: Re: How to send cheap transaction.
Post by: kangjiasg on October 29, 2017, 05:04:10 PM
I've never knew 1 gwei can send eth!? Is that really possible? But nowadays gas are not really expensive either.
Title: Re: How to send cheap transaction.
Post by: nhuddin on October 30, 2017, 05:57:05 AM
regardless of the number of tokens sent?
Title: Re: How to send cheap transaction.
Post by: balajisi on October 30, 2017, 01:51:58 PM
Always adjust your gas price to lower to avoid high transaction fees

regards
Balaji
Title: Re: How to send cheap transaction.
Post by: sw1911 on October 30, 2017, 03:30:41 PM
it depends on the amount you're sending right?  if it's a low amount 1 gwei and default of 21000 gas usually does the trick if sending small amounts (e.g. 0.001eth).  found that out while sending small amounts to airdrops.
Title: Re: How to send cheap transaction.
Post by: rost1989 on November 04, 2017, 01:52:34 PM
Interesting. Thank you for the information.
Title: Re: How to send cheap transaction.
Post by: soljal543 on November 05, 2017, 03:22:25 PM
Thanks this is very helpful
Title: Re: How to send cheap transaction.
Post by: cindykate on November 12, 2017, 04:43:27 AM
I'm already doing this and it's good specially when you really wanted to save gas.
Title: Re: How to send cheap transaction.
Post by: mangtasyokalikot on November 12, 2017, 08:38:40 AM
wow,,i learned a lot from this post,,thank you for those who share their idea.Kudos!!
Title: Re: How to send cheap transaction.
Post by: PROdotBITCOIN on November 12, 2017, 08:55:18 AM
Very interesting. I will definitely try this method. Thank you for the information
Title: Re: How to send cheap transaction.
Post by: dikipermana on November 12, 2017, 07:26:23 PM
nice tips?  by the way what is minimum gwei i can set?  i've try to send token with just 1 gwei 21k gas limit and it success. curious to know if i can set it to 0.5 or 0.1 gwei
Title: Re: How to send cheap transaction.
Post by: cryptofuturologist on November 13, 2017, 07:40:39 AM
At me the purse independently defines the size of the commission for transaction. But in comparison with bitcoit, this is a small commission
Title: Re: How to send cheap transaction.
Post by: CryptoGirl on November 13, 2017, 04:44:06 PM
for sending tokens you can set to 0.1 gwei, that's half a cent now
Title: Re: How to send cheap transaction.
Post by: anders2000 on November 14, 2017, 10:14:36 PM
Is the commission for transactions of this coin large? I do not think so
Title: Re: How to send cheap transaction.
Post by: FLASH1K on November 15, 2017, 01:09:04 AM
I think u can use even 0.0001 gwei
Title: Re: How to send cheap transaction.
Post by: cryptofuturologist on November 15, 2017, 10:23:26 AM
Is the commission for transactions of this coin large? I do not think so

If you compare the commission for transactions when sending bitcoin and the commission of ETH, then the commission of ETH is much less.
Title: Re: How to send cheap transaction.
Post by: Hermes Mercury on November 20, 2017, 05:09:28 PM
It will depend a lot on the token you are sending, it will automatically generate a specific Gas in the transition itself.