Gas fees more!!!! Why?

[MrSpasybo]

My condolences, but currently the need to participate in and operate in the DeFi field is too great for the capacity of the Ethereum network, clearly 14-15tps is not enough for thousands of people looking for opportunities to own 1 token like YFI. I think you can wait until ETH 2.0 launches or at least when the DeFi fever subsides, then transaction costs will be cheaper.
Of course, if trading at this point gives you greater returns than you could save on gas prices, do what your intellect tells you, but either way Your profits will also be shared to miners

[Salman Hasan]

In my opinion be patient mate. Ethereum movement can flow in the way up and in the way down. No continues rising because the market is volatile not stable. Be optimistic and patient. Good luck!

[Salman Hasan]

The capacity of the Ethereum network is limited to 15 tps, so as the number of transaction requests increases and the user's patience is limited, they will be willing to pay more gas for that transaction. Hopefully Shardings in ETH 2.0 will solve this problem. I think a cost of 1 cent per transaction is reasonable.

[Monstar Shawon]

The current rise in ETH fees are disadvantageous to the already defamed image of ethereum as a platform token. Smart contracts breaks when they don't have enough fees, people would spend more on transaction than what they are trying to achieve in dapp. It is destroying any surviving gambling dapps on the platform. The ETH 2.0 better be good enough to redeem the network, if not, there's no future for Ethereum.

[Jawahara]

Ethereum gas fee is crazily high these days. Miners are benefitting so much from it with the recent pump in Ethereum price. Thus making it very difficult for an average trader to carryout transactions easily.  I look forward to Ethereum 2.0 in anticipation that it would help to resolve the unstable gas rate of Ethereum.

[lepbagong]

Ethereum gas fee is crazily high these days. Miners are benefitting so much from it with the recent pump in Ethereum price. Thus making it very difficult for an average trader to carryout transactions easily.  I look forward to Ethereum 2.0 in anticipation that it would help to resolve the unstable gas rate of Ethereum.

many also questioned and it looks like they have started to improve little by little and hopefully they can return to the past. What is needed, of course, is reasonable gas because now we know that most transactions are not large. If the gas has taken a portion, what will be obtained.
need to be patient hope ethereum will fix it soon.

[Artillery69]

Yea, the gas fee is no longer friendly. Maybe it's uniswap that causes a very expensive gas fee?

[Tanimariya]

In terms of popularity, ethereum position is much better. But what if ethereum position is good? ethereum is much more popular. But gas fees have begun to rise. As a result, many users are eliminating the use of this wallet. The team of projects is thinking of another type of alternative thinking. They are worried about how to distribute their tokens. Some teams have said during this period that tokens will not be distributed.

[Duckenth]

Gas costs vary all the time, and it's true that recently the increase is quite high.  This is all due to the high transaction rates on the Ethereum platform, this is what causes Gas prices to go up.  And the high number of transactions on the Ethereum platform is due to the current increasing trend of DeFi coins, of which most DeFi tokens are ERC-20 based tokens so inevitably will still use Ethereum to send tokens from one wallet to another or from a personal wallet to Exchange wallet.

[vegasus]

Yes, that's right, this is really extraordinary regarding the costs involved when sending ERC20 tokens. YES, but there may be certain hours when the cost of gas is cheaper than normal.

Currently, with regard to the existence of DeFi, ethereum 2.0 and other issues, gas fees are a problem that cannot be resolved. This is even greater than when we sent the famous BTC for a sizable fee.

[Malam90]

There is no choice other than provide this fees if you want to make a transaction in ethereum network from your wallet to another wallet or exchange. But if your ERC20 or Ethereum is in exchange wallet, you can use TRC20 network by exchanging ERC20 tokens to TRC20. It will reduce your cost and time both.

[Black ID]

We have no other choice but to wait until there is a solution to this high gas fee. If it is an emergency, then you have to accept the delivery with a pretty decent gas fee. But if it's not an emergency, it's better to wait until conditions improve. It probably won't take long.

[Triedboy]

If there is such a gas free then giving token sale is very difficult.  But I have no idea why gas free has increased so much.  That's why the big brothers in this forum have a question about why gas is so free.  And is it likely to decrease ?

[Fivestar4everMVP]

I am surprised to transfer my DEXA coin from Myetherwallet to probit exchange,, gas fee 100 GEI economy that means 1.75 dollars but I can sell it highest 20 dollars but exchanges withdraw fees more than 5 dollar. Totally I can get 13.25 dollar.

LOL, this is even fair compared to how much people are spending on gas fee today, I just hope and pray that eth 2.0 puts and end to this high transaction fees cus for me, it's really becoming a very big issue

[Tnoy30]

Gas fee is now the main issue. Most etheteum wallet users have complained about this. I also learned from a transaction a few days ago that the gas fee has increased. So the fee I am currently investing in seems to be higher. I definitely want to benefit from these investments. So as the gas fee increases, so does the transaction fee. As a result, I had a hard time transacting. Some I removed where a lot of the fee seemed low. Hopefully good results from testnet 2.0.