ERC20 Network Fees is down

[Lanirex]

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.

[SkyRocket]

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.

[Crypto Banglu]

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

[Review Master]

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.

[Muneeb22]

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.

[jonathancool220]

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.

[Rds3b]

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.

[Freemind]

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.

[Mj joy]

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.

[whyrqa]

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.

[Freemind]

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.

[Lukasz]

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

[Senin]

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.

[bitbit97]

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?

[Freemind]

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.