Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Decentralized Exchanges (DEX) => Topic started by: Coin63@ on February 14, 2021, 11:04:38 PM

Title: DEXs becoming unusable? How to navigate record gas fees ahead of Eth2
Post by: Coin63@ on February 14, 2021, 11:04:38 PM
Ethereum gas fees are too high for decentralized trading, but there are some alternatives now and others on the way.
While Bitcoin (BTC) has been in the spotlight since the start of the year, and even more so given the recent $1.5-billion Tesla purchase, Ether has not been lagging behind. Ether (ETH) is currently sitting at $1,800, and its network has now processed over 1 billion transactions, mostly on the back of the DeFi sector and also due to growing institutional engagement.

More:click (https://cointelegraph.com/news/dexs-becoming-unusable-how-to-navigate-record-gas-fees-ahead-of-eth2)
Title: Re: DEXs becoming unusable? How to navigate record gas fees ahead of Eth2
Post by: Altcoin1998$ on February 15, 2021, 02:01:59 AM
Yes mate, I already read whole article about Ethereum gas fees negative impact. Due to the high exessive Ethereum network fees, Many projects are denied to launch it's platform another plafrorms, tron and EOS platforms. I already victimed on high excessive amounts of Ethereum network fees.
Title: Re: DEXs becoming unusable? How to navigate record gas fees ahead of Eth2
Post by: Churphans on February 17, 2021, 04:32:19 AM
I hate dexes because withdraw and transfer fees more than token values. Uniswap is a decentralized exchange where Ethereum network fees are so high that I can't trade any Coins.
Title: Re: DEXs becoming unusable? How to navigate record gas fees ahead of Eth2
Post by: Giangphuong8489 on February 23, 2021, 05:40:52 PM
I think transaction fees on Ethereum are killing DEXs like UniSwap & MoonSwap. Only whales can afford to pay 50 USD - 120 USD for each Swap or LP input. I used to be a fan of DEX but now I want to store all my assets on CEX for convenient trading and asset liquidation when needed.