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Author Topic: Gas fee on ethereum  (Read 4451 times)

Offline Agbe

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Re: Gas fee on ethereum
« Reply #45 on: May 05, 2024, 10:42:14 PM »
Depends on the place you are making the transaction. Is it in exchange or on chain wallets? For now Ethereum transaction gas fee is high so I advise you to wait for some months to see if the gas fee will reduce. And you should not in hurry to sell your coins because Ethereum will rise again. So if you sell your Ethereum now, your will be the loser of the altcoin investment.

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Re: Gas fee on ethereum
« Reply #45 on: May 05, 2024, 10:42:14 PM »

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Offline kulkhan

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Re: Gas fee on ethereum
« Reply #46 on: May 05, 2024, 11:59:45 PM »
High transaction cost is a major problem for ethereum transaction. Sometimes it is high and sometimes it is low. You have to check from time to time when the transaction cost is low you can execute the transaction. I always do the same thing.
The transaction fee of ETH was very low before but when the price of ETH increased then the transaction fee of ETH also increased since then many people started using BSC chain.  ETH's high gas fee gives the bsc, tron, sol, polygon network a great opportunity to become popular. If ETH's gas fee didn't increase so much, maybe other chains wouldn't be so popular. This is a big problem for small transactions. Because if a large fee is charged for completing small transactions, it makes the users unhappy.
Recently i saw eth network gass fees are very low. I think it will be continue. We know eth network gass fees are very high from long time. So many people avoid it but if from now gass fees continue low then people again choice ethereum. And i think this low fess will continue otherwise Ethereum will lose his goodwill again.

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Re: Gas fee on ethereum
« Reply #47 on: May 06, 2024, 08:28:03 AM »
I was about to do a transaction and the gas fee was very high! Any advice on how to get the lowest gas fees? I have looked at the heatmap, and I can see that at certain times and days, it's a bit lower. Any advice for a newbie? 
Thanks!!

The best advice for a beginner is simply not to use this blockchain for normal purposes (transfer money from point a to point b)
All cryptans use it only for the most extreme situations and very rarely, it seems to exist (the ether network) and it doesn’t exist because no one wants to look and guess the cost of transactions.
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Offline Daiana

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Re: Gas fee on ethereum
« Reply #48 on: May 07, 2024, 04:20:07 PM »
I was about to do a transaction and the gas fee was very high! Any advice on how to get the lowest gas fees? I have looked at the heatmap, and I can see that at certain times and days, it's a bit lower. Any advice for a newbie? 
Thanks!!

The best advice for a beginner is simply not to use this blockchain for normal purposes (transfer money from point a to point b)
All cryptans use it only for the most extreme situations and very rarely, it seems to exist (the ether network) and it doesn’t exist because no one wants to look and guess the cost of transactions.

Which blockchain would you suggest for a beginner to use?

Offline Muneeb22

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Re: Gas fee on ethereum
« Reply #49 on: May 07, 2024, 07:00:05 PM »
Gas fee on ETH is very high but i hope soon when the market go high that time the ETH fee is going to be low becasue that time the transactions limit is high and the ETH fee will low at that time. ETH is the best coin and this is the king of all ALT coins in the crypto market. Crypto market is the world best market and the future of the ETH coin is very good and best.
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Offline MRY

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Re: Gas fee on ethereum
« Reply #50 on: May 08, 2024, 08:54:28 AM »
Gas fee on ETH is very high but i hope soon when the market go high that time the ETH fee is going to be low becasue that time the transactions limit is high and the ETH fee will low at that time. ETH is the best coin and this is the king of all ALT coins in the crypto market. Crypto market is the world best market and the future of the ETH coin is very good and best.
Currently the fuel costs for making transactions on Ethereum have started to fall, you can see it https://etherscan.io/gastracker.
If you have assets to claim or want to send money using the Ethereum network then now is the right time because gas fees are falling.

Offline Wiseman

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Re: Gas fee on ethereum
« Reply #51 on: May 08, 2024, 08:55:36 AM »
I was about to do a transaction and the gas fee was very high! Any advice on how to get the lowest gas fees? I have looked at the heatmap, and I can see that at certain times and days, it's a bit lower. Any advice for a newbie? 
Thanks!!

The best advice for a beginner is simply not to use this blockchain for normal purposes (transfer money from point a to point b)
All cryptans use it only for the most extreme situations and very rarely, it seems to exist (the ether network) and it doesn’t exist because no one wants to look and guess the cost of transactions.

Which blockchain would you suggest for a beginner to use?

It depends for what purpose you need this blockchain to understand what blockchain means for a beginner. I would advise you to start learning by installing a metamask wallet, on which you can hold dozens of different blockchains, which one you need is up to you.
...Tumbler.io......Because.Your.Privacy.Matters......Bitcoin.Mixer...

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Re: Gas fee on ethereum
« Reply #51 on: May 08, 2024, 08:55:36 AM »


Offline Daiana

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Re: Gas fee on ethereum
« Reply #52 on: May 09, 2024, 04:19:17 AM »
I was about to do a transaction and the gas fee was very high! Any advice on how to get the lowest gas fees? I have looked at the heatmap, and I can see that at certain times and days, it's a bit lower. Any advice for a newbie? 
Thanks!!

The best advice for a beginner is simply not to use this blockchain for normal purposes (transfer money from point a to point b)
All cryptans use it only for the most extreme situations and very rarely, it seems to exist (the ether network) and it doesn’t exist because no one wants to look and guess the cost of transactions.

Which blockchain would you suggest for a beginner to use?

It depends for what purpose you need this blockchain to understand what blockchain means for a beginner. I would advise you to start learning by installing a metamask wallet, on which you can hold dozens of different blockchains, which one you need is up to you.

Yes I've got metamask now. It seems to be one of the top wallets for being accepted in many platforms but also being userfriendly!

Offline Wiseman

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Re: Gas fee on ethereum
« Reply #53 on: May 09, 2024, 08:27:51 AM »
Yes I've got metamask now. It seems to be one of the top wallets for being accepted in many platforms but also being userfriendly!

It’s absolutely true that the metamask wallet is accepted on all existing exchanges and almost all the most popular blockchains are listed in it. If you can figure out this wallet, then you will not have problems like dealing with any other blockchain, since in this wallet any other blockchain is made exactly the same and they similar to each other.
...Tumbler.io......Because.Your.Privacy.Matters......Bitcoin.Mixer...

Offline Daiana

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Re: Gas fee on ethereum
« Reply #54 on: May 09, 2024, 03:07:14 PM »
Yes I've got metamask now. It seems to be one of the top wallets for being accepted in many platforms but also being userfriendly!

It’s absolutely true that the metamask wallet is accepted on all existing exchanges and almost all the most popular blockchains are listed in it. If you can figure out this wallet, then you will not have problems like dealing with any other blockchain, since in this wallet any other blockchain is made exactly the same and they similar to each other.

Perfect, thank you :)

Offline philipma1957

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Re: Gas fee on ethereum
« Reply #55 on: May 09, 2024, 03:16:33 PM »
I was about to do a transaction and the gas fee was very high! Any advice on how to get the lowest gas fees? I have looked at the heatmap, and I can see that at certain times and days, it's a bit lower. Any advice for a newbie? 
Thanks!!

The best advice for a beginner is simply not to use this blockchain for normal purposes (transfer money from point a to point b)
All cryptans use it only for the most extreme situations and very rarely, it seems to exist (the ether network) and it doesn’t exist because no one wants to look and guess the cost of transactions.

Yep eth is not good for movement of coins and or tokens. Solana is far cheaper.

We are watching the beginning of eth dying off due to its excessive fee issues.
...Tumbler.io......Because.Your.Privacy.Matters......Bitcoin.Mixer...

Offline TopT3ns

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Re: Gas fee on ethereum
« Reply #56 on: May 09, 2024, 06:42:15 PM »
I was about to do a transaction and the gas fee was very high! Any advice on how to get the lowest gas fees? I have looked at the heatmap, and I can see that at certain times and days, it's a bit lower. Any advice for a newbie? 
Thanks!!

The best advice for a beginner is simply not to use this blockchain for normal purposes (transfer money from point a to point b)
All cryptans use it only for the most extreme situations and very rarely, it seems to exist (the ether network) and it doesn’t exist because no one wants to look and guess the cost of transactions.

Yep eth is not good for movement of coins and or tokens. Solana is far cheaper.

We are watching the beginning of eth dying off due to its excessive fee issues.
That's right, by using the Solana network or using the BSC network, we can carry out token trading transactions at lower costs than Ethereum. We just need to wait for Ethereum to get out of its comfort zone and start improving itself so that it still has fans.

Offline UNIVERSE

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Re: Gas fee on ethereum
« Reply #57 on: May 09, 2024, 11:17:04 PM »
That's right, by using the Solana network or using the BSC network, we can carry out token trading transactions at lower costs than Ethereum. We just need to wait for Ethereum to get out of its comfort zone and start improving itself so that it still has fans.
If the transfer fees of Ethereum network is expensive, we have some alternatives. Tron, Solana, BSC are 3 networks with cheap transfer fees. I often used these networks if I want to send my coins. For the coins on Binance exchange, I always use BSC network if I want to send my coins to local exchange. I see it is 0 fees when I send my USDT in Binance account to Tokocrypto wallet. This is very helpful because these exchanges have the same cloud.


Online enwi

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Re: Gas fee on ethereum
« Reply #58 on: Today at 05:57:54 AM »
That's right, by using the Solana network or using the BSC network, we can carry out token trading transactions at lower costs than Ethereum. We just need to wait for Ethereum to get out of its comfort zone and start improving itself so that it still has fans.
If the transfer fees of Ethereum network is expensive, we have some alternatives. Tron, Solana, BSC are 3 networks with cheap transfer fees. I often used these networks if I want to send my coins. For the coins on Binance exchange, I always use BSC network if I want to send my coins to local exchange. I see it is 0 fees when I send my USDT in Binance account to Tokocrypto wallet. This is very helpful because these exchanges have the same cloud.
It's true that we can use other networks to carry out digital currency transactions according to what we want, Tokocrypto and Binance are platforms that work together, Binance is the parent of Tokocrypto, so it is natural that sending between exchange places does not require fees because it is certain will go into their internal system.

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Re: Gas fee on ethereum
« Reply #59 on: Today at 09:26:19 AM »
I was about to do a transaction and the gas fee was very high! Any advice on how to get the lowest gas fees? I have looked at the heatmap, and I can see that at certain times and days, it's a bit lower. Any advice for a newbie? 
Thanks!!

The best advice for a beginner is simply not to use this blockchain for normal purposes (transfer money from point a to point b)
All cryptans use it only for the most extreme situations and very rarely, it seems to exist (the ether network) and it doesn’t exist because no one wants to look and guess the cost of transactions.

Yep eth is not good for movement of coins and or tokens. Solana is far cheaper.

We are watching the beginning of eth dying off due to its excessive fee issues.

I recently started using the opbmb blockchain and was very surprised at how very cheap it is, about 1,000 transactions cost around a dollar, it’s very cheap, it’s possible that Ethereum will also be introduced into the network, it looks like a mirror one for the blockchain will be much cheaper to use.
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