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Author Topic: Gas fees more!!!! Why?  (Read 27510 times)

Offline MOProgress

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Re: Gas fees more!!!! Why?
« Reply #135 on: February 03, 2021, 09:56:17 PM »
Indeed, there are many breakthrough projects in the field of Defi coming out on Ethereum and many want to become a part of them! Many token sales are carried out through Uniswap, all this eth popularity has led to gas wars (
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Re: Gas fees more!!!! Why?
« Reply #135 on: February 03, 2021, 09:56:17 PM »

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Offline Malam90

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Re: Gas fees more!!!! Why?
« Reply #136 on: February 04, 2021, 02:42:13 AM »
After emerging DeFi, gas fees become to pump and now out of reach for general users specially bounty and airdrop hunters. Now to trade in Uniswap, it need more than $15 transaction cost.  Where bounty payments are $25-$30, Dego claiming fees now $30. Can you imagine? We have no quick solution of gas fees. We have to wait until phase 1-3 completion. Now until completion fully, it is on testing, have no effect on gas reduction because now works old version side by side new version.

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Re: Gas fees more!!!! Why?
« Reply #137 on: February 04, 2021, 04:01:57 AM »
You said a very nice thing because I didn't know about it but I learned a lot from you doing this post and those who are new members like me can learn a lot. If any senior brother knows why the gas fee is high and the reason for this increase, then help a little.

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Re: Gas fees more!!!! Why?
« Reply #138 on: February 04, 2021, 04:41:51 AM »
Ethereum is so popular but I still don't know why it's so gas free. My wallet is currently the most used wallet in cryptocurrency Etherium Wallet. But if you look at its gas free, you will see that Ethereum gas free is much more than other wallets which is beyond our comprehension. I have no idea about this so far Can't figure out why Ethereum's gas free is increasing so much day by day.
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Re: Gas fees more!!!! Why?
« Reply #139 on: February 04, 2021, 07:04:27 AM »
Almost the gas fee of one transaction is 5$ its true becasue i send my coins from one wallet to another and i pay the high fee and still the gas fee is high and i hope that in the market soon the fee will be low becasue this time the ETH coin go high and they apply the high gas fee.
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Offline nelson4lov

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Re: Gas fees more!!!! Why?
« Reply #140 on: February 04, 2021, 05:54:45 PM »
Every time you see that the transactions fees are high just know that the Ethereum Network is congested, meaning there are so many transactions happening at that particular moment, currently I'm not able to do any transactions with eth, cause the transaction fees are quite high than normal, over $16 fee for a $20 transaction, it's becoming unbearable these days  :-X.
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Re: Gas fees more!!!! Why?
« Reply #141 on: February 04, 2021, 06:06:42 PM »
If this situation continues like this, I don't know how far the transaction fees are going to go. What I am seeing in many places is that there are already several projects and users looking for their own blockchain so that this does not happen again in the future. It's crazy having to pay $.16 in fees to send as little as $.10 in payment.
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Re: Gas fees more!!!! Why?
« Reply #141 on: February 04, 2021, 06:06:42 PM »


Offline Coin63@

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Re: Gas fees more!!!! Why?
« Reply #142 on: February 06, 2021, 07:39:44 AM »
I am surprised to transfer my DEXA coin from Myetherwallet to probit exchange,, gas fee 100 GEI economy that means 1.75 dollars but I can sell it highest 20 dollars but exchanges withdraw fees more than 5 dollar. Totally I can get 13.25 dollar.
Hey guys when you posted this post then 😅 Ethereum gas fees very very low compared with now . Today I  see my trust wallet transactions fees more than $35 dollars which is ridiculously more than my token values.

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Re: Gas fees more!!!! Why?
« Reply #143 on: February 07, 2021, 11:07:51 AM »
it's better to wait for the gas fee to go down because at this time eth gas is very beyond reason, i am upset about selling tokens diuniswao but the fee is more than the result
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Re: Gas fees more!!!! Why?
« Reply #144 on: February 07, 2021, 12:32:28 PM »
Yes @moantana, the best (and only) thing we can do is wait, but the question is how long. Because we've been this way too long, and instead of needing smaller amounts to send our tokens, the opposite happens and we need even more. It can be a hassle and a lot of work, but I understand that many teams migrate their work to lower rate blockchains or make their own blockchain.
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Offline ALTdetectoR

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Re: Gas fees more!!!! Why?
« Reply #145 on: February 07, 2021, 02:13:42 PM »
There is no other choice but to hold coin you wish to sell if the price is under $ 200 on your erc20.
We cannot always complain about the high price of eth gas fee, because this is a natural thing when ethereum prices are high at this time.
If only for transactions you can use another method, namely using TRON. Transaction fees using TRON are very cheap and almost $ 0

Online bitbit97

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Re: Gas fees more!!!! Why?
« Reply #146 on: February 07, 2021, 03:05:53 PM »
I wonde how long will it take for projects to migrate to other blockchain, because high fees are scaring low budget investors. People are interested in project, but fees are decent part of their planned investment.
And is seems that fees are not going to go lower. As Eth price grows, same does the fees. While everyone want eth to be at a higher price, no one thinks about lowering fees.
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Offline sair786

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Re: Gas fees more!!!! Why?
« Reply #147 on: February 11, 2021, 07:26:56 AM »
That is very expensive friends and seems to be experienced by friends here. Some exchanges do have very high fees when it comes to withdrawing our assets.
Maybe we should be patient waiting for the right time when the withdrawal fee goes down to Withdraw our asset

Offline Monster5

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Re: Gas fees more!!!! Why?
« Reply #148 on: February 11, 2021, 11:50:18 AM »
Currently the biggest problem is that if a token is sold in Ethereum, its gas free shows the most. Which is why people are not very keen to invest in Etherium. But I think if gas free is reduced in the future, it will definitely be a good one for everyone. And everyone will invest more in Ethereum.

Offline Kitaiev

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Re: Gas fees more!!!! Why?
« Reply #149 on: February 11, 2021, 12:52:23 PM »
Ethereum is used by many people, although many people dont like the transaction fees but most have no way out.
Ethereum's cost doesnt affect its fees in any way...

 

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