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Author Topic: Ways to reduce Ethereum's gas fee  (Read 12036 times)

Offline XM8

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Re: Ways to reduce Ethereum's gas fee
« Reply #45 on: November 06, 2021, 10:49:57 AM »
I don't think that's how Ethereum's transactions can be brought under control. It is really frustrating for us that Ethereum's transactions are so much free where the transactions on other platforms are much less. The Sitaram platform has a lot of tokens which but I am not able to transact so far just because of its extra transactions.
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Re: Ways to reduce Ethereum's gas fee
« Reply #45 on: November 06, 2021, 10:49:57 AM »

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Re: Ways to reduce Ethereum's gas fee
« Reply #46 on: November 08, 2021, 05:07:26 AM »
Lowering the GAS Ethereum transaction fee is not as easy as we breathe fresh air in the morning but to reduce the GAS Ethereum fee it is very difficult and you have to be patient to find the best way to send ERC20 or Ethereum tokens.
Until this moment I haven't looked back for the cheapest Ethereum GAS fee of around 10 Gwei because it hasn't been seen on Etherscan and it's really scary for me if I have ERC20 tokens to sell or send that require GAS costs above 50 USD.
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Re: Ways to reduce Ethereum's gas fee
« Reply #47 on: November 08, 2021, 08:15:20 AM »
Those of us who are Airdrop and Bounty Hunter have a lot of tokens in our wallets that we can't exchange for a fee. Yesterday I could not even make a deposit in a token exchange because of the fee. The token cost 20, but when I went to send it, the Etherium gas fee was over 35.  Due to which it was not sent.  Later I was waiting to see when the Ethereum gas fee could be reduced.
 Later I figured out a way out of it.  I am sharing it with you.  I hope you will come in handy.

 Those of you who have a token in MyEtherWallet but can't send it for a fee.  They will try to send tokens between 2pm and 8am.  Because, then the transaction of Etherium is much less and the pressure on Etherium blockchain is less.  Because of that gwei is also much less.  Because of that, there are other times of the day where the fee is more than 30 to  40.  Tokens can be sent there during this time (2pm to 8am) for a fee of  4 to 5.

What time zone are you talking from ?If we know the time I thinks we can give it a trier. Ethereum gas fees is really a big issue to us all. I hope they consider reducing the gas fees someday.
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Offline Tunir Baap

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Re: Ways to reduce Ethereum's gas fee
« Reply #48 on: November 08, 2021, 03:21:00 PM »
Additional transaction fees are currently one of the problems with the Etherium platform.This problem is becoming more evident day by day.It turns out that to transfer Ethereum platform tokens from a single wallet you have to pay a huge transaction fee.This problem is affecting all of us now.
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Re: Ways to reduce Ethereum's gas fee
« Reply #49 on: November 09, 2021, 08:18:47 AM »
Now the biggest obstacle in the way of transferring any token from Etherium platform is the additional transaction fee of this platform.The amount of this transaction fee has increased so much that it is not possible to transfer tokens from any wallet for additional transactions.We all face this problem when the price of etherium coins goes up.

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Re: Ways to reduce Ethereum's gas fee
« Reply #50 on: November 09, 2021, 10:20:54 AM »
Additional transaction fees are currently one of the problems with the Etherium platform.This problem is becoming more evident day by day.It turns out that to transfer Ethereum platform tokens from a single wallet you have to pay a huge transaction fee.This problem is affecting all of us now.
If I transfer my ERC 20 based token from my wallet to another third parties wallet ,it requires huge amounts of Ethereum network fees . When I exchange in uniswap then it requires double Ethereum network fees that is very difficult to trade.

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Re: Ways to reduce Ethereum's gas fee
« Reply #51 on: November 09, 2021, 11:57:59 AM »
The problem of high transaction fees on the Ethereum chain is something that will accompany us until the launch of ETH 2.0, since as we have seen the last hardforks have not had the effect that the community expected and the #DevelopmentTeam  has also not provided much additional information on this fact. On the web https://etherscan.io/gastracker we can see at all times the cost of an ERC-20 transfer and one to Uniswap, all information on the web is automatically updated every 10 seconds so if you are vigilant, you can know what is the best time to transact.
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Altcoins Talks - Cryptocurrency Forum

Re: Ways to reduce Ethereum's gas fee
« Reply #51 on: November 09, 2021, 11:57:59 AM »


Offline Tubelight

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Re: Ways to reduce Ethereum's gas fee
« Reply #52 on: November 09, 2021, 02:02:09 PM »
There are no investors in the Ether platform who have not complained about Ethereum's additional transaction fees. If we want to trade cryptocurrency on all the exchanges except one exchange, we have to pay an additional transaction fee. So far I have not been able to transact well from any token Ethereum platform. Etherium is losing its popularity day by day due to such issues.
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Re: Ways to reduce Ethereum's gas fee
« Reply #53 on: November 09, 2021, 02:24:41 PM »
The most popular platform in cryptocurrency is the Etherium platform. These platforms are the best and their ecosystems are very strong. Due to which the value of coins of this platform is always higher in the market. However, one of the biggest problems of Ethereum platform is that Ethereum platform transactions are free. Currently investors are very worried about this transaction free. Because most of the network free is required in all transactions.
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Re: Ways to reduce Ethereum's gas fee
« Reply #54 on: November 09, 2021, 02:54:00 PM »
Ethereum is the second largest token in the world today. Its price is skyrocketing and so is its popularity There are plenty of them but one major problem that is not found in any other store is that these tokens have to pay a lot of gas fees which is a lot for small traders.Having to face losses. And the popularity of this gas free source is declining a bit.But the good thing about e-tokens is that they have their own platform of tokens and still But it is lagging behind in charging huge gas fees.

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Re: Ways to reduce Ethereum's gas fee
« Reply #55 on: November 10, 2021, 07:11:57 AM »
the gas fee for making transactions on the ethereum network is indeed a very important problem because when viewed from bitcoin which has a higher price than ethereum but is still able to provide low fees, so many traders consider making transactions on the ethereum network.

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Re: Ways to reduce Ethereum's gas fee
« Reply #56 on: November 14, 2021, 09:15:46 AM »
If Bounty Hunter and Airdrop Hunter have ever received a token ERC platform, their Gas fees are often higher than the value of the token Then the token has to be left without exchange Despite the popularity of the Ethereum platform, the gas fee problem has not been resolved They promised to solve the problem but still have the same problem Although sometimes gas fees are lower, most of the time they are higher If the gas fee is low in that time, then your post will benefit many Because many people face this problem.
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Re: Ways to reduce Ethereum's gas fee
« Reply #57 on: November 14, 2021, 04:33:17 PM »
It is really frustrating for us that Ethereum's transactions are so free whereas transactions on other platforms are much less. Ethereum gas fees are devastating for all of us in the crypto Ethereum blockchain.Etherium is a popular platform. This platform is currently far ahead in cryptocurrency.So far I have not been able to transact well from any token Ethereum platform. This Due to this Etherium is losing its popularity day by day.
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Re: Ways to reduce Ethereum's gas fee
« Reply #58 on: November 15, 2021, 10:48:19 AM »
Times are changing. Everything is changing. But Ethereum token sending problems do not change. They always charge high gas fees. Miners are insatiable. Vitalik is indifferent to the case. How will this problem be solved? It can go on like this forever. It may never be resolved. I am pessimistic.

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Re: Ways to reduce Ethereum's gas fee
« Reply #59 on: November 17, 2021, 06:42:00 AM »
After GMT 00:00, Gas fees become relatively lower than last few hours. This time the number of transactions decreases, so the gas also decreases. If you follow this rules, you can send ETH and ERC20 tokens with lower fees. Basically the day, when any IDO site has new IDO participation, it increases gas fees due to gas war among the participants but later fees decrease.

Yes, Gas will be lower at GMT 00:00, But the coins price are also lower.
I think It will be the big problems, if we want to sell coins at the right time , but the gas fee is so high
Hopefully the Ethereum team have good solution for.their classic problem, gas fee is so high.
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