Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: SkyRocket on April 26, 2021, 06:35:27 PM
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A week ago even a few days ago i wanted to try to send my token from ethereum wallet to exchange, but i canceled it because the fee i have to spend is around $40- $50... but today i tried to make a transaction and i have to spend about $15 for one transaction... I'm glad the fee has gone down but it's still high because we have to pay a fee of more than $10 for each transaction and it also depends on how many tokens we send... hopefully the fee will go down even further... how about your opinion,guys?
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From range
- $0.3 , $0.4, $0.5 the comment expensive
- $0.8, $0.9, $1 the comment still expensive
- $2, $3, $4 the comment still expensive
- $5, $10, $15 the comment still expensive (which is true)
- $20, $40, $100 and so on. The comment is so expensive (which is again true).
Somehow, some people think the gas fee is always expensive whatever the range is. Until the recent phenomenon the gas fee was beyond from our capability to trade and couldn't sacrifices $20 - $50 > just for gas fee.. Another effect is more projects migrated to BSC due to the fact that BSC is lower fees and fast transaction.
Today Eth gas fee seems going back to $1 and hopefully will last long for the better days ahead of us.
Further discussion you can visit another topic about gas fee
https://www.altcoinstalks.com/index.php?topic=207023.0
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It is good news that the etherium gas fee has started to decrease. Maybe soon we'll see the Ethereum transaction fee drop from 2 2 to 3.
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Glad to see the gas charge is only 30-60 gwei, very cheap compared to just a few days ago regular gas over 100 gwei. I really hope that layer-2 & EIP-1559 will help reduce gas fees even further, like 5 gwei like I used to pay 2-3 years ago.
And I'm curious as to why the gas on Ethereum dropped so strongly. Did people switch to BSC?
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Glad to see the gas charge is only 30-60 gwei, very cheap compared to just a few days ago regular gas over 100 gwei. I really hope that layer-2 & EIP-1559 will help reduce gas fees even further, like 5 gwei like I used to pay 2-3 years ago.
And I'm curious as to why the gas on Ethereum dropped so strongly. Did people switch to BSC?
Most likely, the decrease in transaction fees in the ethereum network was caused by several factors at once, including the transition of many projects to BSC. Now altcoins have started to rise in price again, a significant part of which are ERC-20 tokens. Their holders are still waiting for their peak price growth. In addition, many already know about this problem and do not use the ethereum network unnecessarily until July, when it should be solved due to the systematic implementation of Ethereum 2.0 improvements. They also say that the current gas price depends on the time of day: at night it falls decently.
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Yes It Is Very Good News For All, Those of us Bounty Hunters anf 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. I wish never will high eth transection fee Again. I also think Ethereum will get Back his Previous Reputation. I think Ethereum was Boss, is Boss and in future will boss. There Has No Doubt.
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It is looking bright indeed and hope this continues because week/days ago I have tried to do different ethereum transactions which I aborted due to the same gas fees ranging from $38 - $29 but was eventually able to do one of the transaction over the weekend Sunday to be precise and paid $4.67 which I still believe is high but as compared to the initial $29, that was better and like i said, hope this continue to go better.
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Ethereum network users are slowly starting to feel relieved. The gas price of Ethereum network has come down a bit now. But I think it should be further reduced. Yet ETH gas price is much higher than other networks. And because of this high gas price, many people have left the ETH platform and moved to other platforms. Now it's time for them to return to the ETH platform.
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I think there is competition market and as all projects going to BSC platform that could not be seeing well for ETH team. I think they feel it deeply and work behind it otherwise still ETH 2.0 not fully working so how fees can reduce? I really enjoying this market ETH Vs BSC.
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For some time the transaction fee had increased so much that small investors could not pay any tokens or coins due to the gas fee. But the hope is that the gas fee seems to be much lower for two days.
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Brother I have not exchanged any tokens on the Ethereum platform in a few weeks. And that's why I have no idea if the Ethereum platform's transactions have dropped for free And if it has gone down, it is good news for all of us.Because Ethereum platform coins are the most widely used tokens in this virtual world.Hopefully more transaction fees will be reduced for this Ethereum platform
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Yeah, you are right. I tried several days ago and check the gas fee. The gas is lower than previously. At that time I really remember that the gas is always more than 100 GWEI. And now it is under 50Gwei. Hopefully, this will last longer or will probably be down again. For, we have seen that many projects move to other platform tokens, leaving ERC20 or ethereum platform
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At present, the gas free of the Ethereum platform has been reduced a lot. Already, there is a lot less transaction free in the ERC-29 network. If the Ethereum network's gas free had not been reduced, the Ethereum platforms would have been in great danger in a short period of time.Because as gas free increased, investors would move away from etherium platforms and as a result, etherium platforms would lose popularity. However, the current Ethereum platform has been reduced to gas free, so Ethereum's popularity is expected to double in the future.
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A week ago even a few days ago i wanted to try to send my token from ethereum wallet to exchange, but i canceled it because the fee i have to spend is around $40- $50... but today i tried to make a transaction and i have to spend about $15 for one transaction... I'm glad the fee has gone down but it's still high because we have to pay a fee of more than $10 for each transaction and it also depends on how many tokens we send... hopefully the fee will go down even further... how about your opinion,guys?
Yes brother you have made a very nice post I agree with your post. Because in the past gas fees were much higher but now the amount of gas fees has returned to normal. Now when it comes to transferring tokens to cryptocurrency, the gas fee is lower than usual. And it is more likely to cost less in the future.
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One thing we all know about cryptocurrencies today is that Ethereum transaction fees are much lower now than before. We've already seen how much extra gas we have to pay for any token transaction from the Ethereum platform. However, the Ethereum community has solved many of the current problems. Hopefully in the future Ethereum's transaction fee will be further reduced.
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A week ago even a few days ago i wanted to try to send my token from ethereum wallet to exchange, but i canceled it because the fee i have to spend is around $40- $50... but today i tried to make a transaction and i have to spend about $15 for one transaction... I'm glad the fee has gone down but it's still high because we have to pay a fee of more than $10 for each transaction and it also depends on how many tokens we send... hopefully the fee will go down even further... how about your opinion,guys?
Mate, you are right in this case. At present Ethereum's gas fees is very cheaper than past time. It is very good news for all crypto lover. For this higher gas fees, every investor slowly left from this platform. But now everybody again attracted by Ethereum platform.
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Yes the gas fee of eth is getting lower now it's around 30 gwei so not bad.. This is good because I have ERC20 tokens that worth $10 only so I can now transfer my tokens in exchange. The BSC helps to get lower the gas fee of eth.
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Ethereum transactions increase abnormally as Ethereum prices rise in the cryptocurrency market. Due to the extra increase in Ethereum transaction fees, it can be seen that it often costs from 60 to 100 for a user to make an Ethereum transaction. As a result, users refrain from Ethereum transactions. However, at present Ethereum transaction free is coming down a bit. This is great news for us. Many users are now able to do Ethereum transactions due to the reduction in Ethereum transactions free. Hopefully, Ethereum's transaction free will be further reduced in the future.
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Ethereum Gas Tracker
Sponsored: Crypto.com - Buy ETH at True Cost - Lowest fees for credit/debit card purchases. Download App.
Sat, 01 May 2021 08:05:01 UTC
Low
67 gwei
$4.03 | ~ 4 hrs : 44 mins:11 secs
Average
137 gwei
$8.24 | ~ 30 secs
High
144 gwei
$8.66 | ~ 30 secs
Estimated Cost of Transfers & Interactions:
Low Average High
ERC20 Transfer $12.47 $25.50 $26.81
Uniswap Swap $38.38 $78.48 $82.49
Uniswap Add/Remove LP $33.58 $68.67 $72.18
https://etherscan.io/gastracker (https://etherscan.io/gastracker)
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Even a few days ago many users like me failed to transaction the Etherium platform due to the extra increase in Etherium Gas Free. Due to the unusual increase in Ethereum transaction free, many users have left the Ethereum platform and turned to the Binance platform. But now many users are able to do Ethereum transactions due to the reduction in Ethereum transaction free. The reduction in etherium gas is great news for all our users. Hopefully, etherium gas will be further reduced in the future.
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Its is good news i think 3x fees down. The ethereum coin developers has tried its best to come down the ethereum price. Because the high transaction fees creates a bad impact on the ethereum coin. But now, its normal.
15$ is so high for a small trader please come down this fees to around 5$. then its more fine.
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I attribute this low commission to two things. First, I think Btc did a serious interim correction over a two-week period prior to this. While this was the case, many investors did not transfer crypto money from the wallet to the exchanges. When the network relaxed, high commissions disappeared. Second, Ethereum has made the Berlin Update in recent weeks. This has been positive for the network. If the market continues to be good in the near future, we may encounter the same high commissions.
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At present this issue is observed by everyone .Because of the extra transaction fees on the Ethereum platform we were all in a state of discomfort.But now the amount of that transaction fee has come down a lot.For which we can all feel a little relief now.Previously, if you earned as much as 100$ from a campaign, you would have to pay a transaction fee of 20 to 30 dollar. But now that transaction fee has come down a lot.
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At present Ethereum network fee has come down a lot so Ethereum price has gone up a lot. I think the Ethereum price will cross $3k in a few days. It will be seen that everyone will invest in Etherium platform coins as the network fees has come down a lot.
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This is true that the ERC20 network fee is down this time and this is the great news for the ERC20 users. Last day i make a withdraw and the fee is very low when i send my coins to another wallet.
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I suppose that no matter who may say, but the cost of transactions has dropped significantly in recent years. Of course, this is not enough for those who are trying to transfer their assets, which in total value have a value below $ 6. I believe that such projects have no place on erc20 if they do not continue to develop.
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Just a few days ago, due to the gas fee, it was not possible to withdraw many payments. Because of the high transaction fee, those who had a small amount could not sell their payments. Because it would cost থেকে 50 to 60 to transact a 40 amount. It was very annoying and a lot of trouble. But for two to three days the gas fee has come down a lot. This is good news for us. We hope that the transaction fee may not increase anymore.
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Just a few days ago, due to the gas fee, it was not possible to withdraw many payments. Because of the high transaction fee, those who had a small amount could not sell their payments. Because it would cost থেকে 50 to 60 to transact a 40 amount. It was very annoying and a lot of trouble. But for two to three days the gas fee has come down a lot. This is good news for us. We hope that the transaction fee may not increase anymore.
I believe that there is still not much time left before the platform moves completely to 2.0. on the assurances of the team, this moment will bring fairly low commissions on the network. Presumably this is June _ July.
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Yes the gas fee of eth is getting lower now it's around 30 gwei so not bad.. This is good because I have ERC20 tokens that worth $10 only so I can now transfer my tokens in exchange. The BSC helps to get lower the gas fee of eth.
This is indeed good news and we deserve to tell our friends who don't know it yet. Yesterday I even saw the cost of eth gas up to 15 gwei, of course this is very cheap when compared to some time ago where Eth transaction fees reached 150 gwei more.
Yes, I believe this is one of the effects of the usual cheapness of transactions on the BSC network, so Ethereum doesn't want everyone to move to BSC.
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This is what we have been waiting for, I hope this is not temporary and will happen in the future. And we should take this opportunity to reduce the cost of Eth Gas to send our tokens, which have been delayed due to the high cost of Eth Gas all this time.
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Yes mate Currently the ERC-20 platform's network free has been greatly reduced. Transaction free now takes much less than before.However, the popularity of the Etherium platform is already growing. However, the rate at which the network of Etherium platforms grew free a few days ago, and if it remained like this for a while, Etherium 'platforms would lose popularity.
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At present, Etherium's gas fees have come down a lot. That is why the price of Etherium has changed drastically. In just a few days, the Ethereum price has risen from $2k to above $3k. Investors are again inclined to invest in Ethereum as Ethereum's transaction fees fall. Maybe within this month the Ethereum price will reach $5k.
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At present, Etherium's gas fees have come down a lot. That is why the price of Etherium has changed drastically. In just a few days, the Ethereum price has risen from $2k to above $3k. Investors are again inclined to invest in Ethereum as Ethereum's transaction fees fall. Maybe within this month the Ethereum price will reach $5k.
Of course, I doubt that this month we can expect such a high indicator, but after July, because everyone is waiting for this event, within 3 months it is quite possible to reach 5.000.
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This is good news for us. Because gas is All investors have had to face many problems due to high fees.Especially for those of us who are bounty hunters who have had the most difficulty reading. But now that gas free has moved to its previous position, this is good news for us.It is easier for us to transact when the gas fee is reduced.
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In my opinion, if you want to transact using etherum, you have to check the price of gas frequently, because every second, what hour, the price of gas changes depending on the number of transactions using etherum, that's in my opinion.
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Currently cryptocurrency etherium gas fees cost much less. It is conceivable that a few days ago there was a gas fee for which no token could be transferred to the cryptocurrency. So now the gas is back to normal. Gas fees are likely to be much lower in the future.
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Ethereum platform is one of the most popular platform in the crypto world. For it’s high gas fees, every investor and holder left from this platform. But now Ethereum's gas fees is very cheaper than before. That's why everybody comes in this network again and invest in it.
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I think it is very good news to all of us that ethereum's gas fees is very cheaper at this moment. For high rate of ethereum transaction, everybody faces manh problem. But now every investor and holder will worked here very easily and comfortably. It's very positive thinks for all of us.
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A week ago even a few days ago i wanted to try to send my token from ethereum wallet to exchange, but i canceled it because the fee i have to spend is around $40- $50... but today i tried to make a transaction and i have to spend about $15 for one transaction... I'm glad the fee has gone down but it's still high because we have to pay a fee of more than $10 for each transaction and it also depends on how many tokens we send... hopefully the fee will go down even further... how about your opinion,guys?
Yes, I see. I think It is good for us when the ERC20 network fees is down, we can do transaction again. Because Several months is very expensive. I hope It will have good effect for crypto currency market.
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I dont fees will down it will go more then to day in future fees will be 300 to 500$ per transaction because price of ethereum is going up and up it will touch 5k soon fees will be to much then to days hope so in 2022 it will be down I think so we should wait for it may be good news come in future.
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A week ago even a few days ago i wanted to try to send my token from ethereum wallet to exchange, but i canceled it because the fee i have to spend is around $40- $50... but today i tried to make a transaction and i have to spend about $15 for one transaction... I'm glad the fee has gone down but it's still high because we have to pay a fee of more than $10 for each transaction and it also depends on how many tokens we send... hopefully the fee will go down even further... how about your opinion,guys?
Yes I see ERC20 gas fee is going down. But For now , gas fee is increasing again.
I think Ethereum team should have good solution because almost all projects used ERC20 platform.
Currently, I see gas fee transfer for around 27 USD , It is so high mate.
I just waiting again , then do transaction again . It is annoying for bounty hunter to sell their tokens.
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This is great news for Ethereum platform users. Gradually ethereum gas fees fell little by little. Hopefully ethereum gas fees drop even further, because currently ethereum gas fees are still much higher than other blockchain platforms. If the decline in gas fees continues, I believe the Ethereum blockchain platform is still the most popular and will not lose its users.
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I think the launching of new projects (I think most of them are projects like the safemoons and related platforms) from ethereum to bsc helps a lot. And it helps a lot to the decreased of gas. Unfortunately for bsc, a lot of rug pull projects migrated on their chain too.
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The amount of gas fee that is charged for transferring tokens to Etherium Coin is not the same as the current gas fee. I am now back to its normal level due to which cryptocurrency is now trading much better. Therefore, due to the high gas fees, there were many problems. But now the network fee exam is less expensive due to which the benefits are much higher now.
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At the beginning of May in 2021, the transaction fee from Ethereum has decreased slowly to 24 gwei, if I'm not mistaken because I've seen it on the Etherescan Gas Tracker, unfortunately I didn't make the screenshot.
With this reduction in transaction fees, I make sure this shows that this Ethereum transaction is decreasing, because logically the more Ethereum transactions, the more expensive the transaction fees that must be paid. Correct me if i'm wrong .
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I think the launching of new projects (I think most of them are projects like the safemoons and related platforms) from ethereum to bsc helps a lot. And it helps a lot to the decreased of gas. Unfortunately for bsc, a lot of rug pull projects migrated on their chain too.
The problem is with the ethereum platform, which until now is said to have started to be cheaper. but can not return to the original as before. possibly because the already high price resulted in an increased cost. coupled with traffic which is very busy. but of course that is not a reason for people who want to find cheap costs.
thus giving rise to many renewable ideas, with many trying to find alternatives to these high costs. so no wonder, there may be other platforms that can provide the best solution than the ethereum platform. it is understood by those who can provide low cost reduction and the security and transactions can still be guaranteed.
whatever the reform is very good so that there is good competition to provide a solution that can be taken, so that there are other alternatives that can be used and there is no monopoly.
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Ethereum platform's gas free has already been significantly reduced. Gas free is now required a little less than before. However, the gas free of the Binans platform is lower than that of the Etherium platform, which is why investors are more interested in Binance platforms. I think Etherium platforms should be further reduced to gas free then Etherium platforms will be more improved.
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A few days ago there was an additional increase in Ethereum transaction free. As a result, many users had to pay extra for small transactions. Users were barred from Ethereum transactions due to the extra free. But now Etheria Free has been reduced. This is very good news for us. We hope that Ethereum's transaction free will be further reduced in the future.
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The network fees for the Etherium platform has come down a lot. If the network fees for the Ethereum platform had not been reduced, the popularity of the Ethereum platform would have been completely lost. The Ethereum platform has used the Binance Smart Chain to increase the network fees excessively because the Binance Smart Chain has a low network fee. The Ethereum price was not rising for that but whenever the network fee came down the Ethereum price is going up like a bull race. Gradually the Ethereum network fee will come down further.
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It was good to read this news because investors have had to face various difficulties as a result of cutting gas free. Small investors in particular have had to deal with more problems. At present he has a problem is over.The gas limit has returned to its previous position. Everyone has made a binary transaction due to more gas free cuts in ether.
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It was good to read this news because investors have had to face various difficulties as a result of cutting gas free. Small investors in particular have had to deal with more problems. At present he has a problem is over.The gas limit has returned to its previous position. Everyone has made a binary transaction due to more gas free cuts in ether.
I dont know how much reduction has happened even though I believe it has but I just concluded a transaction that is still not gone through yet with the gas fee about almost $4 and it is still pending foe more that 2hours now.
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To be honest, I personally hope a lot that the ethereum network gas costs can go down like in the past, a lot of tokens in the personal wallet I want to transfer to the exchange immediately. I just checked the gas cost, now it's around $ 5.
On the other hand, I want the project from the Ethereum network to run smoothly without the burden of expensive gas costs.
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Now the etherium gas fee comes a few days ago but it was not like that.A few days ago the amount of gas fee was much higher.But over the last few days, the amount has decreased a lot.I couldn't sell them despite having tokens in my wallet for an extra Ethereum network fee.But now I hope that problem has been solved and everyone can sell their tokens with ease. No one will have to suffer from the problem of excess etherium gas.
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I am sure that all users who use the Ethereum blockchain are happy to see adequate transaction prices on the Ethereum blockchain, of course, I wanted to see 1-10 Gwei as it was 3 years ago or even more, but since the load on the Ethereum blockchain is growing every day, so we should not expect the penny transactions that were long time ago.
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Yes mate, I also see that ether gas fee reduce and the current gas fee is resolvable. Few days ago i didn't transfer my coin due to high gas fee. Now i can easily transfer it to any where with low transaction fee. It is really appreciable. Now ether price increasing rapidly due to investors positive attention.
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You are right. This time the fee of gas gwei has been decreasing. However, we don't know whether it will last forever or only for moment because of the condition right now and also because of the rival Binance Smart Chain. Personally, erc20 transfer fee is really confusing sometimes.
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You are right. This time the fee of gas gwei has been decreasing. However, we don't know whether it will last forever or only for moment because of the condition right now and also because of the rival Binance Smart Chain. Personally, erc20 transfer fee is really confusing sometimes.
This decline in eth gas has occurred for several days, and has risen occasionally as usual. However, it seems that the decline in the cost of eth gas will continue, considering its rival BSC, which has very cheap transaction fees.
Sometimes I also can't think, why the cost of eth gas is so expensive, but I can't do anything but wait for the price to go down first.
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This is very good news because of the reduction in fees at ERC20, but I think $ 15 is still expensive and the impact is very visible due to high fees.
for example, some of the newer cryptos are now mostly migrating to the BSC platform because the fees are cheaper than ERC20
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This is very good news because of the reduction in fees at ERC20, but I think $ 15 is still expensive and the impact is very visible due to high fees.
for example, some of the newer cryptos are now mostly migrating to the BSC platform because the fees are cheaper than ERC20
my friend, the fact is that over the past 2 days I have been doing quite a lot of transactions on the erc20 network. I have not paid more than $ 5 for any transaction. Based on this, we can confidently say that network parsing has dramatically decreased.
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yep, that's right. in recent days the fees have decreased a lot, maybe because of the many complaints from ethereum network users complaining about the amount of fees, but for now the fees we have to pay are quite affordable and very effective, even in some tokens there are still above $30. But the changes in fees that occur are very influential for many transactions.
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The fact that the fee fell really had a positive effect on the price of eth itself, since those fees that were previously extortionate and this discouraged many from using the eth blockchain. At $ 50-100 per transaction, this is only for large market players.The price went up, I want to see 4k in the coming days, that would be great 8)
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The Ethereum platform lost much of its popularity due to the high Ethereum transaction fees. Everyone has used Binance Smart Chain to increase such transaction fees. Now that the transaction fee has come down, Ethereum will definitely bring a positive side to the platform. Ethereum transaction fees have come down but Ethereum price has gone up.
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ETH's gas fee was not under the control of users a few days ago. Currently, the price of ethereum has set a new record in the cryptocurrency market with the gas fee drops of ETH. The extra gas fee has hampered many users from making small transactions. Especially as it is a token transaction platform, the transaction takers have to pay much higher fees for the transaction. That is why many users kept the transaction closed for a long time. But at present ETH's gas fee is a bit lower.
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A week ago even a few days ago i wanted to try to send my token from ethereum wallet to exchange, but i canceled it because the fee i have to spend is around $40- $50... but today i tried to make a transaction and i have to spend about $15 for one transaction... I'm glad the fee has gone down but it's still high because we have to pay a fee of more than $10 for each transaction and it also depends on how many tokens we send... hopefully the fee will go down even further... how about your opinion,guys?
yes mate Ethereum requires much less gas free than before, but a few weeks ago it was found that trading from the Etherium platform required $50 to $60 dollar gas free. Ethereum's gas-free has changed a lot lately.
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yes mate Ethereum requires much less gas free than before, but a few weeks ago it was found that trading from the Etherium platform required $50 to $60 dollar gas free. Ethereum's gas-free has changed a lot lately.
[/quote]That's right, I think the ethereum team has fixed the gas problem that many people are complaining about, and indeed now we can be relieved because the fees we have to spend are quite cheap. just half the ethereum team can immediately make repairs if ethereum prices go up again, because if no then we have to pay a high fee if the ethereum price goes up again.
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I think it is very good news to all of us that ethereum's gas fees has dropped. A few days ago, ethereum's gas fees is so much high and everybody faces many problems for it. But now ethereum's gas fees is so cheaper than before. Now everybody transected their money with low cost and very easily.
That's why every investor and holder like to invest in ethereum again, everybody attracted by this coin again. For this reason, now ethereum's price is growing up at a high rate.
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Ethereum had a huge impact on Ethereum Price due to high transaction fees. The reason is that for Etherium high transaction fees it has been seen that all the investors are using all other platforms instead of Etherium platform due to high transaction fees. That's why the Ethereum Price was so heavily influenced that the Ethereum Price may not have been rising. Currently, all the problems have been solved due to the reduction in Ethereum transaction fees.
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Yes mate, I also see that ether gas fee reduce and the current gas fee is resolvable. Few days ago i didn't transfer my coin due to high gas fee. Now i can easily transfer it to any where with low transaction fee. It is really appreciable. Now ether price increasing rapidly due to investors positive attention.
this is perfect opportunity to transfer tokens from MEW, metamask, or from any Eth wallet to another wallet or into exchange wallet. I hope the low gas price will remain the whole year or will last for more years. Ethereum will make another ath because of this solution.
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Ethereum platform's transactions have dropped for free And if it has gone down Ethereum platforms would have been in great danger in a short period of time.Because as gas free increased, investors would move away from etherium platforms and as a result, etherium platforms Because in the past gas fees were much higher but now the amount of gas fees has returned to normal. Now when it comes to transferring tokens to cryptocurrency
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Yes recently Ethereum network fees pretty decreased than before. I already transferred several ERC 20 based assets from my trust wallet but alas Ethereum network fees less than $5 . What's a miracle in Ethereum network fees!!
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A week ago even a few days ago i wanted to try to send my token from ethereum wallet to exchange, but i canceled it because the fee i have to spend is around $40- $50... but today i tried to make a transaction and i have to spend about $15 for one transaction... I'm glad the fee has gone down but it's still high because we have to pay a fee of more than $10 for each transaction and it also depends on how many tokens we send... hopefully the fee will go down even further... how about your opinion,guys?
You are right, at present the gas fee of ERC20 Network has gone down a lot. A few days ago, when I went to do a token transaction of only 50 dollars, I saw that 30 dollars gas fee has been deducted. But now it has become a little less. Hopefully it will gradually fade away.
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The best news is that our Ethereum gas free price has come down a lot. A few days ago the price of etherium gas free was so high that people got annoyed. They faced many problems. Ethereum gas is now cheaper than before. At present the price of etherium is increasing or getting better.
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The best news is that our Ethereum gas free price has come down a lot. A few days ago the price of etherium gas free was so high that people got annoyed. They faced many problems. Ethereum gas is now cheaper than before. At present the price of etherium is increasing or getting better.
I hope there will be fewer complaints from Ethereum users now. And everyone who will prefer other platforms, I mean developers, These are most likely projects aimed only at quick money.
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At present the etherium gas fee is very low. The amount of gas that is currently there was normal. But in the past the amount of gas fee was so high that no token had to be transferred. The gas fee would have been twice as much as the benefit I got from selling it. Due to which the biggest obstacle was the gas fee. But now it is back to normal.
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At present the etherium gas fee is very low. The amount of gas that is currently there was normal. But in the past the amount of gas fee was so high that no token had to be transferred. The gas fee would have been twice as much as the benefit I got from selling it. Due to which the biggest obstacle was the gas fee. But now it is back to normal.
As I write this post, Ethereum's minimum gas fee is 226 gwei. 2 weeks ago it also dropped below 50 gwei. At that time many of us thought that maybe ETH gas price is going to be normal. But now it seems it will take more time to normal.
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At a time of low eth gas, we must make the best use of it, when gas prices are expensive we cannot send Erc-20 tokens then now is the time. I myself am happy to see the price of this gas, because I can send my Token to the exchange.
The decline in the price of Eth Gas has also greatly impacted the community's trust in Ethereum, and I hope that this decline will not only be temporary but permanent.
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The decline in the price of Eth Gas has also greatly impacted the community's trust in Ethereum, and I hope that this decline will not only be temporary but permanent.
I think this is just a temporary look at the very significant changes in gas, maybe the many complaints received by ethereum make them immediately change their very high fees, we just need to take advantage of the current situation by sending the tokens we have.
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A week ago even a few days ago i wanted to try to send my token from ethereum wallet to exchange, but i canceled it because the fee i have to spend is around $40- $50... but today i tried to make a transaction and i have to spend about $15 for one transaction... I'm glad the fee has gone down but it's still high because we have to pay a fee of more than $10 for each transaction and it also depends on how many tokens we send... hopefully the fee will go down even further... how about your opinion,guys?
Brother still, the gas fee of this ERC20 Network is high. The extra gas fee annoyed me. The gas fee of this ERC20 Network is increasing more and more. Can't do any transactions on Ethereum network. I hope the gas fee of ERC20 Network will return to normal soon
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Brother still, the gas fee of this ERC20 Network is high. The extra gas fee annoyed me. The gas fee of this ERC20 Network is increasing more and more. Can't do any transactions on Ethereum network. I hope the gas fee of ERC20 Network will return to normal soon
It's because of the current hype of IDOs where participants try to use higher gas price so that they can buy tokens in the first place as FCFS (First Come First Serve) is the main rules for those IDOs. If anyone try to swap/send erc20 tokens from wallet to exchanges, than try to initiate transections when it's around 1:00 - 4:00 AM UTC timezone as gas price remains low in that time.
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Its true that the ETH gas fee is low now and i hope in future the ETH gas fee is going to be more low and we can easily transfer our coins from ETH wallet to another without paying high fee.
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Currently the transaction fee for tokens from erc20 has risen again and is quite expensive because the GAS alone is around 100 gwei with an Ethereum rate of around 3960 USD, really expensive!
I am not sure that all of this will go down, but in fact it is like that if the transaction GAS for the ERC20 token is very expensive and of course all investors will switch to cheap transaction fees.
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It is good news that the etherium gas fee has started to decrease. Maybe soon we'll see the Ethereum transaction fee drop from 2 2 to 3.
I also agree with you because the return of gas free dumping position is good news for every investor. Nice to meet you. We look forward to hearing from you I will do it all the time.
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Transaction fees have gone back up again. As much as this problem does not allow us to move forward and makes us lose investment opportunities or the simple fact of moving our funds we will not be able to do anything until July, the only thing we can do is wait and stop using the Ethereum chain until it is fixed or we move our funds to cheaper and faster chains.
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A week ago even a few days ago i wanted to try to send my token from ethereum wallet to exchange, but i canceled it because the fee i have to spend is around $40- $50... but today i tried to make a transaction and i have to spend about $15 for one transaction... I'm glad the fee has gone down but it's still high because we have to pay a fee of more than $10 for each transaction and it also depends on how many tokens we send... hopefully the fee will go down even further... how about your opinion,guys?
This is actually very good news for all of us.Etherium's feta has been a lot.Even a few days ago, its transaction fees were so high that it was impossible for short-term investors to invest in bitcoins.However, I think the cost of Bitcoin will soon be the same as the cost of Ethereum.Reducing the cost of Bitcoin will be much better for short-term traders and will increase the rate of Investment.
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Transaction fees have gone back up again. As much as this problem does not allow us to move forward and makes us lose investment opportunities or the simple fact of moving our funds we will not be able to do anything until July, the only thing we can do is wait and stop using the Ethereum chain until it is fixed or we move our funds to cheaper and faster chains.
Of course, if each of us uses small amounts of investment in different cryptocurrencies, then high commissions hit the wallet very painfully. but I believe that it is worth paying attention to those projects that simultaneously propose to use the erc20 and bep20 platforms.
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Of course, if each of us uses small amounts of investment in different cryptocurrencies, then high commissions hit the wallet very painfully. but I believe that it is worth paying attention to those projects that simultaneously propose to use the erc20 and bep20 platforms.
Without a doubt what you say is a good option, but unfortunately not all tokens can or want to migrate to BEP-20, and that is a problem for us. It is a huge job to make swaps with all the projects that exist and surely many users will not like the idea just for convenience and the fact of not having to move their tokens. If it were easy and it didn't take that long, I'm sure many more teams would.
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IIMHO a news of fees cost falling on the Etherum blockchain is a very positive news since they have been very high for a while now that is since ETH passed the 400 USD value. Many projects are suffering due to extraorbitant fees
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Transaction fees have gone back up again. As much as this problem does not allow us to move forward and makes us lose investment opportunities or the simple fact of moving our funds we will not be able to do anything until July, the only thing we can do is wait and stop using the Ethereum chain until it is fixed or we move our funds to cheaper and faster chains.
Yes, yesterday we could see the price of ethereum climb to more than $ 4,100 and at the same time the transaction fees on this network began to grow rapidly, as, apparently, many were in a hurry to fix their profits. I also believe that ethereum will continue to grow in price over time, and while it is necessary to hold this coin and refrain, if possible, use the ERC-20 tokens as little as possible until July, when, as a result of the next stage of the network upgrade, the gas price should decrease significantly. This is also a difficult period for bounty hunters, since now projects often switch to using other platforms, and due to the lack of timely information about this, we often lose the due reward.
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Something again "is broken" in Ethereum network. Fees are enormous again. Fees have increased from 60-70 gwei to 250+. Is this something with Ethereum or due to increase of interest to altcoins?
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Something again "is broken" in Ethereum network. Fees are enormous again. Fees have increased from 60-70 gwei to 250+. Is this something with Ethereum or due to increase of interest to altcoins?
Nothing has been broken, it is that it had not been previously fixed. The same problem remains as before, but with fewer transactions the rates fell dramatically. Now that the number of transactions is increasing again, the price of the fees is going up again. We can't do anything, we can only wait. Maybe in July everything will be resolved with the hard fork, we will see.
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It will be gladly accepted that the price of ETH is down and getting back to normal. Cause the price of transaction of tokens/coins of less than $50 is like throwing away money, cause the cost of its transaction is approximately equal to the price of token you wish to transfer.
This will be very good to the ETH network if the price can come back to an affordable price of transaction fee and will be a room to retain its customers and users of the network. The sooner this price issue is rectified, the better for the ETH network, else, BSC network will dominate the market and take the users of ETH.
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For a long time waiting for Eth Gas to fall, it has finally been achieved, the price of Gas that returns to normal is of course very much expected by people who are still loyal to the Ethereum platform. Many Erc-20-based tokens cannot be sent because of the high price of Gas Eth, but with the decrease in Eth Gas, although it cannot be normal as before, this is enough to send Crypto Erc-20 at a low cost.
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I am very happy to know the news. Its really a good news. I also cancelled my token transfer from my Ether waller because of very high network fees. I was very anxious and thought that it would some what hamper my trade. But I am relaxed that this fee is decreasing. I think, existing fees should be again decreased. It is still too much. We have to frequent transfer our token and coin. Low network gas fees will surely encourage to utilise the ether wallet properly.
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ERC 20 fee is unbearable .yesterday There was 300$ average price of any transaction.Unless there is up gradation in this network.Fee will be like this.But after up gradation we can expect fee back to normal.For this we have to wait till July of this year.
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At present, there is a lot of increase in gas free of Ethereum network due to which investors are facing many problems. But a few days ago the gas free of the etherium platform was reduced. But now again the gas free of the Etherium platform has been increased. Ethereum brought this amount of gas If it is free, many investors will leave the Etherium platform, as a result of which the Etherium platform may face loss of popularity.
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Ethereum gas fees has caused some set back to users worldwide. Many people has started using other blockchain networks, fortunately we are experiencing a gradual return to lower gas fees. The high gas fees had hinder s lot of trading activities especially withdrawal, and I just think this low fee will be sustain for a long time.
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At present, there is a lot of increase in gas free of Ethereum network due to which investors are facing many problems. But a few days ago the gas free of the etherium platform was reduced. But now again the gas free of the Etherium platform has been increased. Ethereum brought this amount of gas If it is free, many investors will leave the Etherium platform, as a result of which the Etherium platform may face loss of popularity.
The fees from the ethere network have risen again and that makes us uncomfortable, because ethereum really does not set a standard fee for sending tokens on their network, even the higher the ethereum price makes the fees that must be issued even higher, yesterday I tried to see the fees from ethereum network transaction and fees are also very high some even more than $ 100 for a single shipment.
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Ethereum gas fees has caused some set back to users worldwide. Many people has started using other blockchain networks, fortunately we are experiencing a gradual return to lower gas fees. The high gas fees had hinder s lot of trading activities especially withdrawal, and I just think this low fee will be sustain for a long time.
Ethereum does have to make changes if it still wants to be accepted by the community. The reason is that there is a new rival to the BSC platform which costs less than Ethereum. And the very right thing is when the price of Eth Gas goes down, it turns out that the BSC Gas price goes up. Either this is just a coincidence or not, but I believe there are still many people who choose Ethereum even though there are newcomers.
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The transaction fee from Ethereum is when every transaction on the blockchain decreases, but when the Ethereum transaction on the blockchain gets denser, the price will go up for the fee.
For example, the price of Ethereum is going up so all the investors in the main wallet send their Ethereum to the Exchange for sale and the transaction fee is getting heavier and more expensive.
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This time the fee is low and this is the great news for us becasue the most peoples will use the ETH wallet becasue it is the safe and best wallet in the crypto market but becasue of high fee so many peoples will leave it and use the TRX wallet becasue of its low fee.
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At present Ethereum's transaction fees are between increase and decrease. Once the transaction is done, it is seen that a large amount of gas is wanted for free, and once the transaction is done, it is seen that the transaction fee is very low.But I think the Ethereum community has become much more aware of their fee transactions.
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It's really ridiculous to see that pump-dump is going on the gwei price because of IDOs. In the past few days, 2-3 IDOs was done and gwei price was akways more than 200 and min of 100. Today, there isn't any IDO and gwei price is under 100, but it won't long last. Starting from tomorrow, there will be more than 2-3 IDOs in the upcoming days which means, gwei price will surge again. So do all the token transections now so that anyone doesn't need to face the high transection fees again. ;)
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The transaction fees for the ERC-20 platform has really come down but suddenly the Ethereum price has gone up so much. The Ethereum price did not increase due to the additional transaction on the Ethereum platform, despite being the second most popular among cryptocurrencies. Ethereum prices have risen as investors have invested heavily in Ethereum since the Ethereum platform's transaction fees were reduced.
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Thank you very much. You have presented many beautiful and constructive posts to us. But I had no idea about the post you shared with us I learned a lot from this valuable post of yours. I hope you will share more posts like this among us. Then we can learn a lot.
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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.
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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Currently the biggest problem in the cryptocurrency market is the high transaction fees on the Etherium platform. On the one hand the price of all coins in the market is Decrease and on the other hand high gas fees have become a big problem for us. However, the current reduction in gas fees is not enough, because at present there is not much payment from the projects that are available at 15 to 30 dollars is much less. Which in no way can be sold due to excess gas in the market. We all want the gas fee to come down as before.
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A week ago even a few days ago i wanted to try to send my token from ethereum wallet to exchange, but i canceled it because the fee i have to spend is around $40- $50... but today i tried to make a transaction and i have to spend about $15 for one transaction... I'm glad the fee has gone down but it's still high because we have to pay a fee of more than $10 for each transaction and it also depends on how many tokens we send... hopefully the fee will go down even further... how about your opinion,guys?
Yes, ERC20 fee is going down, because Ethereum price is down.
At last month we all see ERC20 fee is so high, several projects have migrated to BSC.
And for now, I see there are several new ERC20 projects. Hopefully they will success.
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Yes, ERC20 fee is going down, because Ethereum price is down.
At last month we all see ERC20 fee is so high, several projects have migrated to BSC.
And for now, I see there are several new ERC20 projects. Hopefully they will success.
The price of transaction fees has not gone down because the economic value of Ethereum has gone down. The price of transaction fees has dropped because the number of daily transactions on the Ethereum chain is much lower. What determines the cost of transaction fees is the number of transactions, so they will be much more expensive the more the chain is used.
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Expect that the Ethereum transaction fees might be much lower now due to continue price falls in the crypto market. We should be ready for this dip as this might be the start of the bearish trend, but hopefully, this is just another correction.
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I agree with this ERC20 Network fees is down because it will depend the volume prices of stock exchanges which is the all coins will be marked as red flag and not necessarily it will continued to fees down maybe the other day or next day it will rise a higher fees in the market.
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We all happy with this situation but also afraid because many good project can"t continue blocking by fees. I think eth should more creative to solve problem and execute fast if can do it more investor will come. Get out fast from bitcoin shadow is the point so we have alternative, not wait and watch our asset gonne.
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A week ago even a few days ago i wanted to try to send my token from ethereum wallet to exchange, but i canceled it because the fee i have to spend is around $40- $50... but today i tried to make a transaction and i have to spend about $15 for one transaction... I'm glad the fee has gone down but it's still high because we have to pay a fee of more than $10 for each transaction and it also depends on how many tokens we send... hopefully the fee will go down even further... how about your opinion,guys?
it has been caused Ethereum price is going down.
I think It's just temporary.
When Ethereum price goes up,, gas fee will go up too.
I hope Ethereum team has good solution for this problem.
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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, you are right; Currently Ethereum network gas fees are much lower than a few days ago. However, the previous situation has not come yet. The price of transaction fees has come down as the number of daily transactions on the Etherium platform is much lower; Because the transaction fee depends on the number of transactions. So in the future, if the use pressure on the Ethereum platform increases, it will be more expensive.
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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, you are right; Currently Ethereum network gas fees are much lower than a few days ago. However, the previous situation has not come yet. The price of transaction fees has come down as the number of daily transactions on the Etherium platform is much lower; Because the transaction fee depends on the number of transactions. So in the future, if the use pressure on the Ethereum platform increases, it will be more expensive.
indeed, it is not fully able to change quickly but gradually there will be changes when eth 2.0 has started to be used, because after all the issue of cost is very crucial and very disturbing so far and has become a conversation. It is true that at this time there has been a slight decrease because the traffic is not large and the gas costs are starting to decrease somewhat. but all clearly want a significant change and not when the traffic starts to grow will come back again at high costs. hopefully eth 2.0 can solve all the problems that occur so that it doesn't drag on and there will be many other platforms that arise ready to look for opportunities as well.
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Lately, ETH gas fee is increasing rapidly, I don't know what's happening. If you check it on Etherscan, the gas fee is more than 100 Gwei. Even worse, the gas fee was more than 200 Gwei today. I think it is a big problem that Ethereum users always got. Vitalik must fix it if he doesn't want people moving to another chain/network.
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Lately, ETH gas fee is increasing rapidly, I don't know what's happening. If you check it on Etherscan, the gas fee is more than 100 Gwei. Even worse, the gas fee was more than 200 Gwei today. I think it is a big problem that Ethereum users always got. Vitalik must fix it if he doesn't want people moving to another chain/network.
As the value of Ethereum continues to rise and demand continues, transaction fees will continue to rise. "London" has not been what the community expected, at the moment there is no solution. Using other chains is the best thing to do right now if possible. If everything remains the same, more people will stop using the Ethereum chain and will look for cheaper alternatives to move their funds.
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Lately, ETH gas fee is increasing rapidly, I don't know what's happening. If you check it on Etherscan, the gas fee is more than 100 Gwei. Even worse, the gas fee was more than 200 Gwei today. I think it is a big problem that Ethereum users always got. Vitalik must fix it if he doesn't want people moving to another chain/network.
As the value of Ethereum continues to rise and demand continues, transaction fees will continue to rise. "London" has not been what the community expected, at the moment there is no solution. Using other chains is the best thing to do right now if possible. If everything remains the same, more people will stop using the Ethereum chain and will look for cheaper alternatives to move their funds.
If ethereum is not wise and continues to charge high fees, then something that is feared can happen because there are already many other platforms that are cheaper and the speed is also good. It seems that currently many projects have done it to avoid using erc20, of course this is a sign that someone wants to find another alternative that is just as good. but I'm pretty sure that ethereum already knows that and is trying to keep improving.
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At present, etherium gas free has not been reduced but has been increased to a greater extent than before. I think Ethereum should be reduced to gas free as Ethereum platforms are currently gaining popularity across cryptocurrencies. But if it is not possible to reduce gas free, the popularity of the etherium platform will decline.
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A few weeks ago the etherium gas fee was slightly reduced. But now Ethereum gas fees have disappointed everyone. Because the gas fee has increased so much that it costs more than my total amount to sell a shop. Therefore, transactions on this platform have almost stopped. Soon Ethereum platform users hope to bring gas fees on the platform to everyone. Otherwise, investors will rush to other platforms.
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ethereum transaction fees may be cheap but it's only for a moment, because I see the fees have started to become expensive again, as long as the ethereum network transactions are dense it can make transaction fees expensive too, so you have to be careful when trading on the ERC20 network.
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A week ago even a few days ago i wanted to try to send my token from ethereum wallet to exchange, but i canceled it because the fee i have to spend is around $40- $50... but today i tried to make a transaction and i have to spend about $15 for one transaction... I'm glad the fee has gone down but it's still high because we have to pay a fee of more than $10 for each transaction and it also depends on how many tokens we send... hopefully the fee will go down even further... how about your opinion,guys?
High gas fee, I think it depends on traffic and ethereum price.
If Ethereum price is going up, I think gas fee will high.
Ethereum team didn't have solution for this problem.
They said Ethereum 2.0 will be the solution.
Ok, we will see.
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I think Ethereum's gas fluctuates freely at every moment. Because a few days ago we saw that Ethereum's gas fee was much more affordable. But lately it has been noticed that Ethereum's gas fee has increased again. As a result, token transactions from the Ethereum platform have become a difficult task.
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A few days ago, Ethereum's network free was reduced a lot, and a few days later, its transaction fee was increased several times. As a result, investors are having a hard time removing tokens from the Etherium platform. Investors are facing the most problems due to additional network free So I think the network of Ethereum platforms should be reduced for free now.
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Initially the fees on the network on the Ethereum platform were much higher but from there it was reduced to a few days in the middle.The network fee for the Ethereum platform has now started to rise again.Which has caused dissatisfaction among many Bounty Hunters.
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If the Ethereum transaction fee is above 10 USD then I say it is already expensive but if the Ethereum transaction fee is below 10 USD then it is cheap because the price of Ethereum is now very expensive at around 4000 USD.
This is a statement in my opinion because I was not able to create Ethereum even though I have studied 4 years in cryptocurrency, so it is only natural that I call this Ethereum if the transaction fee is under 10 USD it is cheap.
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Ethereum network fees are not stable still ETH fees are higher than expected, it needs further improvement. Hopefully eth 2.0 improvements will reduce its fees further.
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Ethereum network fees are not stable still ETH fees are higher than expected, it needs further improvement. Hopefully eth 2.0 improvements will reduce its fees further.
it seems that what is happening now with the existence of eth2.0 also has no significant impact, is it really not corrected so that there is no change at all?
I myself haven't seen anything significant happen, it can be done by the ethereum platform, even if it will be done, it seems like it will be constrained by something more crucial. where currently ethereum already has a price that is too high, is it possible to make this reduction? seems to be constrained by the price.
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So far, I very rarely use the Ethereum network precisely because of the large transaction fees for this coin and erc-20 tokens. I prefer to keep both these tokens and ethereum for now, pending the completion of this network update, which has been ongoing for almost a year. Yes, the transaction fees in the ethereum network are still high, but you need to understand that this is the result of network congestion and the update is being carried out in order to solve this problem as well.
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At this point in which "London" has not fulfilled what the community expected, the only thing we can do is be patient and if we must carry out any transaction on the Ethereum chain, check frequently https://etherscan.io/gastracker to know in real time how much it would cost us to carry out that transaction, information on transaction fee pricing is automatically updated every 10 seconds, making it a very useful resource if we can't use cheaper chains.
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Now a days Ethereum gas fee has risen again. I want to transfer a token from my wallet to exchange but I can't do it because of high gas fee. It shows $30-40 for transaction fee. I am waiting for decreasing eth gas fee. Does anyone have any idea when it can be reduced?
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As the value of Ethereum continues to rise and demand continues to rise, transaction fees will continue to rise.It seems like a lot of projects nowadays have done this to avoid using erc20, of course it's a sign that anyone wants to find another alternative that's just as good. A few days ago, Ethereum's network free was greatly reduced, and a few days later, its transaction fees were multiplied several times.Which, of course, made the video an overnight sensation.Which, of course, I think the Ethereum platform network now Should be reduced.
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when conditions like this I see transactions on erc20 have very high crowds and I see gas costs for making transactions have a very expensive exchange rate, it's better if you want to make transactions with small amounts then you can use other cheaper networks to make transactions .
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Etherium is a very popular coin The Ethereum coin is in second place in terms of tops This is a reliable platform Despite being such a popular platform, many people suffer from gas fees for which they occasionally run the risk of exchanging tokens.There are some tokens that cost more than the price If gas fees are reduced on the Ethereum platform, I think it will be able to gain more popularity faster.And it will be much easier for us to exchange It would be a real pleasure for us if Ethereum reduced the gas fee on the platform.
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Until this moment I have not found anything very good for us to see Ethereum lower its GAS fee and even every day GAS for Ethereum is getting more expensive and difficult to reduce and this makes me disappointed.
Maybe someone in this forum knows how to lower the GAS fee for Ethereum transactions, so I started to believe and started liking investing in Ethereum again, I don't know what happened but this is a fact that Ethereum is so very expensive for the GAS fee.
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In the current market, it is seen that the gas free of Ethereum has been reduced a bit. Even after that all the small investors ra Even after that they have to face a lot of losses. Because more of their capital is being deducted from this gas free. As a result, the popularity of etherium is declining. On the other hand, Binance's The popularity is growing. So if Ethereum's gas is made like a free tea exchange exchanger then there will be many benefits for both buyers and sellers and huge increase in popularity.And one day this token will become one of the best and most popular coins in the crypto world.
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High gas fees has been a major talking point on the Ethereum Blockchain. I'm looking forward to the launch of Ethereum 2.0 which will use a POS approach instead of POW and is expected to decrease gas fees significantly. Ethereum is one of the best and leading Blockchain and I'm sure this issue will be solved soon.
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High gas fees has been a major talking point on the Ethereum Blockchain. I'm looking forward to the launch of Ethereum 2.0 which will use a POS approach instead of POW and is expected to decrease gas fees significantly. Ethereum is one of the best and leading Blockchain and I'm sure this issue will be solved soon.
You are absolutely right. I agree with you. Your words are similar to mine.
Thank you very much from me. You made a good quality post. Thank you for that. Goodbye thank you
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The Beacon chain has not been used until now, I am still waiting for some news about the Altair, this technology is still being developed to overcome the problems that occur, the Eip-1559 provides a little solution with stable gas costs at the beginning of the launch, but now the gas fee is back increases as the number of users on the ethereum network increases
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Yeah, you are right. I tried several days ago and check the gas fee. The gas is lower than previously. At that time I really remember that the gas is always more than 100 GWEI. And now it is under 50Gwei. Hopefully, this will last longer or will probably be down again. For, we have seen that many projects move to other platform tokens, leaving ERC20 or ethereum platform
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A week ago even a few days ago i wanted to try to send my token from ethereum wallet to exchange, but i canceled it because the fee i have to spend is around $40- $50... but today i tried to make a transaction and i have to spend about $15 for one transaction... I'm glad the fee has gone down but it's still high because we have to pay a fee of more than $10 for each transaction and it also depends on how many tokens we send... hopefully the fee will go down even further... how about your opinion,guys?
I think gas fee is depending on Ethereum price, If Ethereum price is going strong, we will see gas fee is very expensive.
Gas fee is not going down now, because Ethereum price is increasing. So wait and do transaction at the right time when gas fee lower ..
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A week ago even a few days ago i wanted to try to send my token from ethereum wallet to exchange, but i canceled it because the fee i have to spend is around $40- $50... but today i tried to make a transaction and i have to spend about $15 for one transaction... I'm glad the fee has gone down but it's still high because we have to pay a fee of more than $10 for each transaction and it also depends on how many tokens we send... hopefully the fee will go down even further... how about your opinion,guys?
I think gas fee is depending on Ethereum price, If Ethereum price is going strong, we will see gas fee is very expensive.
Gas fee is not going down now, because Ethereum price is increasing. So wait and do transaction at the right time when gas fee lower ..
I think it's not just a factor in the price of ethereum but from the level of crowds of transactions using the ethereum network, when more and more transactions use the ethereum network and make transactions more expensive so that the value of gas costs increases.
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I think it's not just a factor in the price of ethereum but from the level of crowds of transactions using the ethereum network, when more and more transactions use the ethereum network and make transactions more expensive so that the value of gas costs increases.
Yes, I think the traffic is busy, It is the reason why more expensive.
many projects has been integrated to ERC20 platform, But the ethereum team should have good solution for this problem.
We always waiting the solutuon, but nothing till now.
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A week ago even a few days ago i wanted to try to send my token from ethereum wallet to exchange, but i canceled it because the fee i have to spend is around $40- $50... but today i tried to make a transaction and i have to spend about $15 for one transaction... I'm glad the fee has gone down but it's still high because we have to pay a fee of more than $10 for each transaction and it also depends on how many tokens we send... hopefully the fee will go down even further... how about your opinion,guys?
Down at several time , but will expensive again later.
It is the big problem for us, as bounty hunter, trader or investors.
We can do anything while high gas fee, too expensive.
And Ethereum team didn't have good solution.
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The cafe now looks more like Ethereum than it used to be. If a token is going to be tensed, the token is going to be cut in half. I think it's a bad thing.
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This time the ERC20 network fee is also increased and we know that so many peoples will tired to pay high fee and send the coins and i hope in the future the fee will low but this time the fee is very high then the other networks which is not good for the new investors.
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A week ago even a few days ago i wanted to try to send my token from ethereum wallet to exchange, but i canceled it because the fee i have to spend is around $40- $50... but today i tried to make a transaction and i have to spend about $15 for one transaction... I'm glad the fee has gone down but it's still high because we have to pay a fee of more than $10 for each transaction and it also depends on how many tokens we send... hopefully the fee will go down even further... how about your opinion,guys?
I think gas fee is depending on Ethereum price, If Ethereum price is going strong, we will see gas fee is very expensive.
Gas fee is not going down now, because Ethereum price is increasing. So wait and do transaction at the right time when gas fee lower ..
Gas fees on the ethereum network fluctuate and depend not only on the price of this coin. It has been noticed from practice that during the day it rises and falls. At night, when there are few transactions, it is relatively small. At the same time, now, at lunchtime, it is also a little, only 49 Gwei.
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Gas fees on the ethereum network fluctuate and depend not only on the price of this coin. It has been noticed from practice that during the day it rises and falls. At night, when there are few transactions, it is relatively small. At the same time, now, at lunchtime, it is also a little, only 49 Gwei.
You are right, but there is no need to control the price of transaction fees for a long time. As I have said on some other occasion, the easiest thing to do is visit this site: https://etherscan.io/gastracker, on that website we will be able to see in real time the price of any type of transaction in the Ethereum chain, CEX and DEX. The web updates itself every 14 seconds, it is very easy to use and the data is also easy to understand.
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The fee of the ETH coin go high again and this time it make a very large fee in the market and so many new projects go to BSC and also to the TRX wallet becasue of the high gas fee. Now in the market so many coins holders will withdraw their coins from the ERC20.
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Ethereum fees are indeed very expensive, and this is very disappointing for Ethereum Coin holders. I can understand if many people withdraw their ERC20 token and replace with tokens from other platforms. I think this Ethereum Gas issue should be addressed soon, so that people holding ERC20 Token will not be disappointed again.
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ERC20 Network Fees is down. Ethereum's network fee is much higher at the present time because ERC20 team has increased Ethereum's network fee a lot at present. For example, if you want to send 10 10, you have to sit for 20 20 network fee, for which many people do not exchange and cannot send any dollar, so Etherium is used much less than before. Trust Wallet is currently one of the most popular wallets. It pays a lot of net network fees for any ERC20 token transaction. From this, if Metamask Wallet is used, token transactions can be done through a much lower network fee.
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Ethereum fees are indeed very expensive, and this is very disappointing for Ethereum Coin holders. I can understand if many people withdraw their ERC20 token and replace with tokens from other platforms. I think this Ethereum Gas issue should be addressed soon, so that people holding ERC20 Token will not be disappointed again.
For the last year, due to high fees, I have not been using the Ethereum wallet for small transactions, since the transaction price is more expensive than the cost of the tokens that I want to transfer. I think we need to wait for the update to Ethereum 2.0 or crypto winter, when the price of Ethereum will be lower and transactions will be cheaper
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We will wait for the ether update and then we will look at the transaction cost, now it is very large and it is difficult to withdraw small amounts of coins from the platform. Sometimes it happens that the network crashes and the transaction becomes low, but I would like it to be always acceptable.
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The ERC20 wallet again increase their fee and this will not good for us and we know that if the ETH coin go high then the fee is also increased and may be they increase their fee almost 200$ for just a single transaction and the ERC20 wallet users will send their all coins to exchange and so many new projects will now use the BNB and also the TRC20 wallet becasue of the high fee of ERC20 wallet.
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There are erc 20 tokens in the wallet, but sending them to exchanges is a serious problem. Too much commission is required from the value of the token. The situation is the same when you want to swap. There is a x3 solid commission unfortunately. The Ethereum team needs to find a solution to this.
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There are erc 20 tokens in the wallet, but sending them to exchanges is a serious problem. Too much commission is required from the value of the token. The situation is the same when you want to swap. There is a x3 solid commission unfortunately. The Ethereum team needs to find a solution to this.
Swaps are always more expensive than a "normal" ERC-20 transfer, if we look at the data right now we will see the following:
Uniswap Swap: $36.58
ERC-20 Transfer: $11.89
And that taking into account that now they are much cheaper than a few weeks ago, when we could see a transfer at $60 and a swap at $150. I hope this madness ends soon, because when Ethereum rises again we will see the same prices as a few weeks ago.
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ERC20 Network Fees is down.
Honestly, the Ethereum Network team is in a big loss project. I think it's true because Ethereum's network fee was much lower in 2020 but what happened to them in 2021 is that Ethereum's network fee has become much higher. But in a way it is possible to reduce some network fees. That is, if you add a wallet to Metamask and make a transaction, then the network fee will be reduced a bit.
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ETH is the only coin which fees are not stable and because of this I have already made a bad decision and lost almost $800-$900 because I was not sure that it will be down below 50 Gwei, but the price of ETH is also down.
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ETH is the only coin which fees are not stable and because of this I have already made a bad decision and lost almost $800-$900 because I was not sure that it will be down below 50 Gwei, but the price of ETH is also down.
That's the good and the bad at the same time. That the price of the transaction is variable is bad when certain limits are not established that allow all users to move their tokens. But I think this should be limited to the highs, but also the lows, so that the miners can continue to do their job. Hope there is a solution available soon otherwise the rest of the chains will get thousands of new users.
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The fee of the ERC20 network is very high this time again and so many peoples will now not use the ERC20 wallet becasue of their high fee. Now i personally use the TRC20 and also the BNB wallet becasue that is good for me this time becasue they have low fee.
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The fee of the ERC20 network is very high this time again and so many peoples will now not use the ERC20 wallet becasue of their high fee. Now i personally use the TRC20 and also the BNB wallet becasue that is good for me this time becasue they have low fee.
The risk of high costs is clearly not just us, Dev with his new project is also trying to reduce distribution costs if still using ERC20 it is clearly not profitable. So many are looking for alternative platforms that can reduce costs cheaply and currently there are quite a few available, but it seems like Binance is in control and the others are not as widely used as Binance.
but in the future all will experience high costs if the supporting coins are also high and that will automatically happen, it seems difficult to avoid it. the higher the price of the coin then everything will also have an impact.
unfortunately the smaller the bounty that is distributed. because all bounty have been pegged at the price, not the coin to be given, then there is no hope of being able to enjoy the coins that increase after the sale, so there is no other way to look for cheap fees because the income is also small.
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We know that ERC-20 Network is one of the best expensive Network in the cryptocurrency world. So many people were changed this network for there expensive fees. Those people were accepted TRC-20 network for there lower fees. But in this time if the cost of ERC-20 is coming down, I believed that gradually people look after it's condition and observe this situation for accepting ERC-20 network.
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This time again the fee is high of the ETH coin and this will go high in future more becasue the coin price go high and same as it is the fee is also go high in the market. Because of the ETH fee so many new projects will go to the TRC20 and also to the BNB wallet becasue these wallets fee is low.
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Their holders are still waiting for their peak price growth. In addition, many already know about this problem and do not use the ethereum network unnecessarily until July, when it should be solved due to the systematic implementation of Ethereum 2.0 improvements.
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Yes, there has been some relief regarding the ethereum fee. But looking at others it is still more. Eth is a very reliable blockchain. And famous, everyone wants to join it.
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The fee of the ERC20 is very high and they make the fee more high in future if the coin price go high and this is not good for them becasue so many new projects now this time go to the other wallets like BNB and TRC20 wallets becasue of the low fee.
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A week ago even a few days ago i wanted to try to send my token from ethereum wallet to exchange, but i canceled it because the fee i have to spend is around $40- $50... but today i tried to make a transaction and i have to spend about $15 for one transaction... I'm glad the fee has gone down but it's still high because we have to pay a fee of more than $10 for each transaction and it also depends on how many tokens we send... hopefully the fee will go down even further... how about your opinion,guys?
I also hope Ethereum gas fee will down, but until now Ethereum gas fee is still high.
I have read several opinion about it, I think team dev didnt have solution yet.