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Author Topic: Ways to reduce Ethereum's gas fee  (Read 11694 times)

Offline Bad leyar

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Re: Ways to reduce Ethereum's gas fee
« Reply #30 on: October 18, 2021, 04:52:02 PM »
The price of etherium has increased tremendously in the current market but the gas free of the etherium platform has not yet slept but has been further increased. Due to which investors are facing many problems to invest from Ethereum platform. I think Etherium is a good platform so its transaction free should be reduced a bit at present. 

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Re: Ways to reduce Ethereum's gas fee
« Reply #30 on: October 18, 2021, 04:52:02 PM »

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Re: Ways to reduce Ethereum's gas fee
« Reply #31 on: October 20, 2021, 09:56:27 AM »
One thing I have noticed at the present time is that Ethereum transaction fees are the highest. I went to a token sale yesterday and saw that the amount of dollars I could sell would cost about half the transaction fee. I think the Ethereum price will go up whenever the transaction fee goes down. That is why the price of Bitcoin is only increasing. The price of Etherium has remained the same as it was.
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Re: Ways to reduce Ethereum's gas fee
« Reply #32 on: October 20, 2021, 02:14:00 PM »
It has been a long time since tokens could not be sold on the Etherium platform because the amount of gas fee is too high.  It can be noticed that the popularity of etherium coins is decreasing day by day due to the popularity of gas fees.  Because the biggest obstacle is the gas fee.  While the amount of gas fee in Ethereum coins will be normal, its popularity will definitely increase day by day.
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Re: Ways to reduce Ethereum's gas fee
« Reply #33 on: October 20, 2021, 06:12:01 PM »
Ethereum's gas fees are currently the biggest concern for everyone, especially the tiny bounty hunters.(Ethereum) Gas is the fee paid for executing transactions on the Ethereum blockchain. Anything involving ERC-20 tokens (Ethereum-based tokens) requires spending small amounts of ETH for gas.Now one has to pay 20 to 25$ gas fees as a transaction to transfer from one platform to another.

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Re: Ways to reduce Ethereum's gas fee
« Reply #34 on: October 21, 2021, 01:39:14 AM »
The biggest problem of the present time is that the etherium transaction fee is extra high. That's why Bounty Hunters are losing money because of the high transaction fees on the Etherium platform to sell any tokens. Bounty Hunters will suffer the most if the transaction fee is charged in this way.‌ I believe that the Etherium transaction fee will be reduced as before.
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Re: Ways to reduce Ethereum's gas fee
« Reply #35 on: October 21, 2021, 04:28:40 PM »
I use one way, it's waiting for the right moment, and I look at the price of gasstation, so I catch the right moment when the network is not overloaded, and it can be at any time, but most often a low commission early in the morning, depending on who has what time zone.
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Re: Ways to reduce Ethereum's gas fee
« Reply #36 on: October 21, 2021, 07:42:41 PM »
Hey guys use FTX exchange because FTX exchange trading and withdraw fees very low and easy to withdraw. If you want to transfer ERC 20 based token from one wallet to another then you should use FTX exchange.
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Re: Ways to reduce Ethereum's gas fee
« Reply #36 on: October 21, 2021, 07:42:41 PM »


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Re: Ways to reduce Ethereum's gas fee
« Reply #37 on: October 24, 2021, 09:35:24 AM »
I use one way, it's waiting for the right moment, and I look at the price of gasstation, so I catch the right moment when the network is not overloaded, and it can be at any time, but most often a low commission early in the morning, depending on who has what time zone.

Yes, You're bright, wait the moment, I think It's good way to reduce gas fee..
We should check gas fee before do transaction.
Ethereum hasn't good solution for this problem.

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Re: Ways to reduce Ethereum's gas fee
« Reply #38 on: October 27, 2021, 12:31:06 PM »
Until this moment, there is no way to reduce GAS fees on Ethereum because more and more people send Ethereum coins, the more expensive the price will be because Ethereum's blockchain is so dense.
Maybe the only way is that we have to wait for the Ethereum GAS fee to drop because sometimes when the network is empty, sending Ethereum coins is cheap.
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Re: Ways to reduce Ethereum's gas fee
« Reply #39 on: October 27, 2021, 02:58:48 PM »
As demand on the Ethereum blockchain has rapidly increased due to the success of decentralized finance (DeFi), the blockchain itself has become strained. With this strain, gas fees have become astronomical; at times costing more than a wire transfer.

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Re: Ways to reduce Ethereum's gas fee
« Reply #40 on: October 27, 2021, 03:49:02 PM »
Until this moment, there is no way to reduce GAS fees on Ethereum because more and more people send Ethereum coins, the more expensive the price will be because Ethereum's blockchain is so dense.
Maybe the only way is that we have to wait for the Ethereum GAS fee to drop because sometimes when the network is empty, sending Ethereum coins is cheap.

Well, I think we should check teh gas fee all the time, there is moment when gas fee drop,
But It is the best way to reduce ethereum gas fee. Ethereum team has to solve this problem.
many investores annoyed about it

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Re: Ways to reduce Ethereum's gas fee
« Reply #41 on: October 31, 2021, 07:55:35 PM »
Maybe the only way is that we have to wait for the Ethereum GAS fee to drop because sometimes when the network is empty, sending Ethereum coins is cheap.
That's right, the Ethereum gas price goes up and down like the price of the Ethereum coin. The rise and fall of Gas prices is influenced by the density of traffic on the Ethereum Blockchain.  But the problem is, sometimes we have to transfer tokens as soon as possible, so it's impossible to wait for the gas to drop first.

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Re: Ways to reduce Ethereum's gas fee
« Reply #42 on: November 05, 2021, 02:39:16 PM »
I've been waiting for the Ethereum 2.0 update for a long time, but so far the update is still ongoing and gas fee are still high.
Over the past week ethereum gas fees have increased along with the increase in ETH prices, I am still waiting for low fees under $10 to send tokens or keep tokens forever in my wallet because gas fees are so high

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Re: Ways to reduce Ethereum's gas fee
« Reply #43 on: November 06, 2021, 01:57:24 AM »
Etherium is a popular platform. This platform is currently far ahead in cryptocurrency. However, the biggest problem with this platform is network free. To invest in this platform you need the most network free. Which is why investors have to read the most problems. So I would say that if the Ethereum platform's network is reduced to free then maybe in the future this platform will be forced to lose popularity.
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Re: Ways to reduce Ethereum's gas fee
« Reply #44 on: November 06, 2021, 03:01:10 AM »
Ethereum gas fee is devastating to all of us small people in crypto Ethereum blockchain. We cannot do transactions even just to send tokens because of high gas fee. Sometimes we can if we have enough Eth for gas fee. But mostly we don't have enough money for this. The only solution we have is to hold and wait the token to pump. I think time between 2 to 8 pm would be nice to experience less gas fee.
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