Ethereum Gas fees too high !

[hair]

Yesterday, I gave around $5 gas fee just for $20 token transfer. That's kind of ridiculous and I don't know how long i can handle it.

This is very detrimental, sending only a little but expensive. is there no real solution from ETH at the moment?

[LogiC]

When the coin price is high the gas fee is also high becasue it depend on the market and also the increasing of coin value gas fee is increasing day by day.

Yesterday, I gave around $5 gas fee just for $20 token transfer. That's kind of ridiculous and I don't know how long i can handle it.
Uniswap is the realm culprit in this case, wish to get everything as normal as before.

This is not advisable, if you are going to trade and do transaction make sure that your trades are high volume or quantities. Its not advisable to do it with small amount with a huge fee its only you will suffered from the consequence of paying huge.

[TERMINO]

Yesterday, I gave around $5 gas fee just for $20 token transfer. That's kind of ridiculous and I don't know how long i can handle it.

This is very detrimental, sending only a little but expensive. is there no real solution from ETH at the moment?

Do what you think the right one. You can do nothing while Ethereum gas fee is high or do transaction now even it is high. It is much better to pay $5 for $20 than pay $0 for shitcoins.

[Pirate]

Right now, there are a lot of bounty hunters to traders who complain about the current high gas fees, I hope there will be a reduction in gas fees in the near future or there are other alternatives besides using ETH.

[zilzylian]

The DeFi project brought lots of changes, high gas prices, increased investor confidence in cryptocurrencies keeping the ethereum network busy with a solid number of transaction order confirmations.
I think Bitcoin will still be my current choice for transactions in a large amount and it doesn't take days like it did on the ethereum blockchain.

[lepbagong]

Right now, there are a lot of bounty hunters to traders who complain about the current high gas fees, I hope there will be a reduction in gas fees in the near future or there are other alternatives besides using ETH.

the possibility to use anything other than ethereum will be difficult to materialize because ethereum is already the basis for exchanging almost all new altcoins, the possibility is that bitcoin can of course be even more expensive. but we believe there has been a change, even though it is not very satisfying, but ethereum will improve even though it takes time we ourselves do not know why this sudden change occurred.

[ttcsalam]

It's actually an annoying thing.They are losing a lot of their market due to high fees.I think it’s a matter of enough harness for small investors.I think their fees should be reduced a bit.

[Oxumare]

The DeFi project brought lots of changes, high gas prices, increased investor confidence in cryptocurrencies keeping the ethereum network busy with a solid number of transaction order confirmations.
I think Bitcoin will still be my current choice for transactions in a large amount and it doesn't take days like it did on the ethereum blockchain.

It is known that the number of people using DeFi applications alone has recently exceeded 120,000.I think even if ETH 2.0 comes, it will not be able to handle the DeFi load of 120,000 users.
The Ethereum network was actually pretty dense without decentralized finance apps, and now everything's messed up with the added DeFi overhead.

[Confero]

With so many tokens currently available, it is impossible that all of them will get support from the general public. Therefore, many tokens / coins will die or disappear from the market. Therefore we must pay attention to the tokens we have, don't let us lose our money because we miss information or update prices from our asset list.

[Black ID]

Indeed, there are many complaints about ethereum gas fees which are so expensive. But now there is ethereum 2.0 which reportedly will be a solution. Hopefully so. I also really feel the bad impact of this ethereum gas fee increase.

[debra]

Yeah, some days ago the gas fees are still so high that make all of the erc20 token holders mad of this condition. However today, it is decreasing. Now here are the gas fee per writing this:
- Low = 48 gwei -> $0.36 | ~ 18 mins:37 secs
- Average = 100 gwei -> $0.74 | ~ 2 mins:13 secs
- High = 110 gwei -> $0.82 | ~ 30 secs

But the fee gas will be exactly changing again and again. The best way is by checking the gas fee on the gas tracker before sending in order to consider whether it is higher or not.

Source: https://etherscan.io/gastracker

[trauchot]

Now the price of transactions has already dropped and this is very good, but unfortunately, the Ethereum blockchain has a very huge drawback - its huge fees and in order to solve this problem, we need to wait for the release of Ethereum 2.0 and hope that Ethereum 2.0 will solve this problem.

[Rain075]

Yes, at present the etherium gas fee has been increased so much that to transfer any token or coin from one place one has to pay a lot of dollar transaction free.  As seen earlier, he has to pay 0.4-0.5 transaction fee to transfer the token.  And now he has to pay a transaction fee of 10 to 12 dollars to transact the same amount of tokens.  This is moving people away from the Ethereum platform.

[Coin63@]

Obviously Ethereum gas fees far far more than other platforms. Today I convert my tiim into Trx and then i withdrawal Trx within 1 Trx withdrawal fees where Ethereum gas fees more than 5 dollars. What a monstrous more gas fees is!!!

[Rafiq]

That may be fine for big investors.But I think it has become a kind of oppression for the Hunters.I mean the Hunters.It should be done according to the fee amount.

I think it has been difficult for both the investor and the bounty hunter as the fee for etherium gas has increased several times unexpectedly lately. Hopefully this problem will be fixed in ETH 2.0 or at least it will be reduced and at the same time the amount of fee should be commensurate with the amount of currency.