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Author Topic: Transaction fee  (Read 4435 times)

Offline Doovla

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Transaction fee
« on: February 14, 2022, 08:04:24 PM »
Hi, i am having problem with not enough having dollars in MEW for transaction on exchanges for coins. Please write what to do?

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Transaction fee
« on: February 14, 2022, 08:04:24 PM »

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Offline shadowdio

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Re: Transaction fee
« Reply #1 on: February 15, 2022, 10:40:16 AM »
I guess you should deposit more money in your MEW because doing transaction in the ETH network is really expensive.. Moving erc20 tokens in the exchange is almost $20 transaction fees.. 

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Re: Transaction fee
« Reply #2 on: February 16, 2022, 06:39:28 AM »
I guess you should deposit more money in your MEW because doing transaction in the ETH network is really expensive.. Moving erc20 tokens in the exchange is almost $20 transaction fees..

Ethereum alway have big problem about high transaction fee.
OP should have enough Ethereum at her / his MEW or always check the transaction fee everytime,   You can do transaction at the time with lower transaction fee , But It's annoying.
So, buy more Ethereum is the best way to do if you want to do transaction.
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Re: Transaction fee
« Reply #3 on: February 16, 2022, 11:09:03 AM »
Hi, i am having problem with not enough having dollars in MEW for transaction on exchanges for coins. Please write what to do?

Your coin is probably an ether blockchain. So, it will cost more to swap these coins. However, in order to swap your coins, you need to collect dollars. So, collect Ethereum from someone, and then swap.
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Re: Transaction fee
« Reply #4 on: February 19, 2022, 02:19:38 AM »
Hi, i am having problem with not enough having dollars in MEW for transaction on exchanges for coins. Please write what to do?

Your coin is probably an ether blockchain. So, it will cost more to swap these coins. However, in order to swap your coins, you need to collect dollars. So, collect Ethereum from someone, and then swap.

If the coins is an ether Blockchain, we must have ether to do transaction.
So, We should choose the coins that used other platform, maybe BSC , TRC20 or other are better.
ERC20 coins are very annoying now.
We have 20$ to do transaction.
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Re: Transaction fee
« Reply #5 on: February 19, 2022, 06:27:51 AM »


I am assuming that just like me, your tokens or coins can be under the Ethereum network since they are in MEW. Now, the best thing to do, of course, is to add ETH to your wallet. And you can buy it from exchanges we have around. I am not sure if MEW is already allowing its users to buy ETH directly from them but that would be great option if it is provided. MEW used to be a very popular wallet service provider but they stop innovating so it is not anymore that used often by many even by those in Ethereum network.

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Re: Transaction fee
« Reply #6 on: February 19, 2022, 07:26:52 AM »


I am assuming that just like me, your tokens or coins can be under the Ethereum network since they are in MEW. Now, the best thing to do, of course, is to add ETH to your wallet. And you can buy it from exchanges we have around. I am not sure if MEW is already allowing its users to buy ETH directly from them but that would be great option if it is provided. MEW used to be a very popular wallet service provider but they stop innovating so it is not anymore that used often by many even by those in Ethereum network.

High transaction fee is always be the problems for bounty hunter, trader and Investors.
Yeah we should buy Ethereum in exchange and send to our MEW.
Many people hope gas fee will lower, but it seems impossible.
Although Ethereum 2.0 has been launched, but didn't have good effect.

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Re: Transaction fee
« Reply #6 on: February 19, 2022, 07:26:52 AM »


Offline Seerge

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Re: Transaction fee
« Reply #7 on: February 19, 2022, 04:42:33 PM »
~
High transaction fee is always be the problems for bounty hunter, trader and Investors.
Yeah we should buy Ethereum in exchange and send to our MEW.
Many people hope gas fee will lower, but it seems impossible.
Although Ethereum 2.0 has been launched, but didn't have good effect.
This has become a classic problem for all Ethereum network users, If our assets are not enough to make transactions then there is no other way but we have to add our ETH amount to the Wallet.  Or if we want to be patient, we can wait until the cost of ETH gas goes down... But I don't know, how long we have to wait!

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Re: Transaction fee
« Reply #8 on: February 26, 2022, 06:19:17 PM »
ERC 20 tokens have too much fee instead of BEP 20 coins, when you try to swap you should have to keep your fee when you convert if you didn't have then deposit because this is the only option .

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Re: Transaction fee
« Reply #9 on: February 27, 2022, 08:36:38 AM »
It’s better that you deposit enough ETH to your wallet to cover transaction fees.

To track gas fees live, you can check this one: https://etherscan.io/gastracker

At least you have an idea about the fees before you are going to transfer, swap or exchange a specific ERC20 token.

Hope this helps.
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Re: Transaction fee
« Reply #10 on: February 28, 2022, 08:52:32 AM »
Hi, i am having problem with not enough having dollars in MEW for transaction on exchanges for coins. Please write what to do?

If you are using mew, that means you only have a small amount over this platform wallet, you need to add more for this
matter, because ERC20 in terms of transaction charge is expensive in terms of fee's. This is the only thing you can do for this one dude nothing else.
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Re: Transaction fee
« Reply #11 on: February 28, 2022, 03:04:35 PM »
I think you should buy Ethereum in exchange and sent to your wallet.
But You can check in gastracker, Maybe you will get the right time , when gas fee is lower. Good luck.
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Offline anshor1

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Re: Transaction fee
« Reply #12 on: March 01, 2022, 01:37:44 PM »
I think you should buy Ethereum in exchange and sent to your wallet.
But You can check in gastracker, Maybe you will get the right time , when gas fee is lower. Good luck.

Gas fee is depending on traffic and also Ethereum price .
If you used the coins that integrate to ERC20 platform, You should have ETH for your gas fee. It's too expensive.
Better to invest in BSC coins, cheaper.

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Offline Valak

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    One year Anniversary 10 Posts Topic Starter
Re: Transaction fee
« Reply #13 on: March 03, 2022, 06:00:50 AM »
ethereum gas fee is very high..
now there are many crypto with cheap gas fees such as BNB or Solana.

Offline Bobcrypto

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Re: Transaction fee
« Reply #14 on: March 03, 2022, 04:05:23 PM »
The gas fees has limited so many people from carrying out transaction on it's network. The current high gas fee situation has pave the ways for other networks to excel, and thank to the newest Blockchain projects on the crypto space. In addition, if the gas fee situation persist, the Ethereum network will definitely dwindling down in term of users participations world wide.

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