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Author Topic: Gas fees more!!!! Why?  (Read 29289 times)

Offline Irfan12@

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Re: Gas fees more!!!! Why?
« Reply #105 on: January 01, 2021, 02:47:47 PM »
At present Ethereum's gas is much more free. I don't know why Ethereum's gas has become so free. So I think if Ethereum's gas fee goes up so much, very soon from many projects, Ethereum will stop giving tokens on the platform. Or they will be forced to change the erc20 wallet. Because some projects often have some tokens. Gas Free wants a lot to transfer. In this case, it becomes difficult to get gas free by selling tokens.
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Re: Gas fees more!!!! Why?
« Reply #105 on: January 01, 2021, 02:47:47 PM »

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Re: Gas fees more!!!! Why?
« Reply #106 on: January 01, 2021, 04:10:04 PM »

This is the current price of ETH Gas, you can choose at what price you choose GAS?  if I am better off waiting for GAS to go down first and then making a transaction, rather than having to transact when GAS prices are high.
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Re: Gas fees more!!!! Why?
« Reply #106 on: January 01, 2021, 04:10:04 PM »

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Offline Lutera94

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Re: Gas fees more!!!! Why?
« Reply #107 on: January 01, 2021, 05:58:07 PM »
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.
It is very painful issue for maximum people that gas fee is too much High. If it doing continue then many people’s leave from ETH Network  then they are try to use other blockchain network like Trc or eos. Many new project thinking too.so i hope that gas fee issue will be solved.
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Re: Gas fees more!!!! Why?
« Reply #108 on: January 02, 2021, 11:12:44 AM »
If you want your transaction to become faster then you will need to pay for gas fees for more specially if the blockchain are congested on that time but if the Ethereum blockchain is not busy then you can reduce the gas fees at its lowest cost option. Do this if you are not in a hurry to transfer your tokens to other address. Gas fee will become cheaper too if Ethereum price will become go higher in the market.

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Re: Gas fees more!!!! Why?
« Reply #109 on: January 08, 2021, 05:33:23 PM »
The more Ethereum is used, the more expensive it is.
The more expensive the Ethereum price, the more expensive the shipping costs will be.

This is the law of ordinary economics, where every transaction requires a fee and the fee is taken from the parent coin where the parent coin (Ethereum) is now very expensive.
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Re: Gas fees more!!!! Why?
« Reply #110 on: January 09, 2021, 06:30:28 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.
eth gas is very high lately due to the factor of increasing ethereum prices making gwei continue to rise there is no solution until such time as in 2017 ethereum the increase in gas prices is also very high, not much different from before in exchange probit is indeed quite expensive for withdrawal fees and this exchange must use KYC to withdraw.
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Re: Gas fees more!!!! Why?
« Reply #111 on: January 29, 2021, 04:17:31 PM »
Yes there is currently plenty of ethereum gas free. I don't know why Ethereum's gas is so free. However, I have seen many senior brothers provide a lot of information about Ethereum's gas free. However, I think one of the reasons why Ethereum is more gas free is to launch Ethereum 2.0. If you have any further information about this, please let me know
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Re: Gas fees more!!!! Why?
« Reply #111 on: January 29, 2021, 04:17:31 PM »


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Re: Gas fees more!!!! Why?
« Reply #112 on: January 29, 2021, 05:08:44 PM »
 There is nothing we can do about it since we are just users of their platform. I think if you can hold longer of your coin better to hope the puce will turn to good than selling your coin at lower price with high transaction fee.
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Re: Gas fees more!!!! Why?
« Reply #113 on: January 29, 2021, 11:25:34 PM »
eth gas is very high lately due to the factor of increasing ethereum prices making gwei continue to rise there is no solution until such time as in 2017 ethereum the increase in gas prices is also very high, not much different from before in exchange probit is indeed quite expensive for withdrawal fees and this exchange must use KYC to withdraw.
I think we focus on talking about the Ethereum gas fee here. No one talks about exchanges and KYC. Try to focus on the discussion bro

There is nothing we can do about it since we are just users of their platform. I think if you can hold longer of your coin better to hope the puce will turn to good than selling your coin at lower price with high transaction fee.
This is the point. Nothing we can do about it

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Re: Gas fees more!!!! Why?
« Reply #114 on: January 30, 2021, 03:41:47 AM »
But it is most dangerous for small investors. They trnsact a small money but they have to pay a big fee. In dapps it is even worse. We have to pay much more than 4-5$ when using smart contracts.
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Offline Fadhilz123

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Re: Gas fees more!!!! Why?
« Reply #115 on: January 30, 2021, 11:32:38 PM »
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.
For the Ehtereum blockchain, you can't do anything to reduce it always depend on the traffic of the network. But in exchanges fee, you can do it. You can reduce the fee by withdraw it using a cheap coin. Stop sending it back to your Ethereum wallet, if only $13 you must try another coin which easily for you sent it to exchanges without worry about the fee

Offline syedrasool2011

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Re: Gas fees more!!!! Why?
« Reply #116 on: January 31, 2021, 03:48:24 AM »
i dont think gees low it will take to much time the gas fee is extremely expensive to the point transfer money via WU is cheaper. As a digital nomad, I receive and pay my guys via crypto, that has been working wonder in the past 3 yrs but now I am reconsidering my options. It cost $67 to transfer 1000 worth of DAI, USDC, and USDT last week, all these tokens are in ERC20 ETH blockchain.
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Offline krypto4uvak

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Re: Gas fees more!!!! Why?
« Reply #117 on: January 31, 2021, 06:11:19 AM »
On the exchange, you can sell later for Tron and then the withdrawal from the exchange will not be so big. So try this and then you lose a little.
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Offline wawan96

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Re: Gas fees more!!!! Why?
« Reply #118 on: January 31, 2021, 07:08:48 AM »
The price of ethereum gas is currently so high and it is very detrimental to bounty hunters if the ethereum gas fee does not go down. Many factors make ethereum gas even more expensive because Defi is making ethereum gas worse until now ethereum gas does end up needing a lot of costs to send one time around 0.005 eth that's very high for gas cost nowadays almost $ 5.
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Offline saidul2105

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Re: Gas fees more!!!! Why?
« Reply #119 on: January 31, 2021, 11:32:37 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.
Ethereum's gas fee is so far which is very painful to all crypto related person. Every man faced this fact. I think it’s a big problem for the small investors and holders. There is nothing we can do about this way.         

 

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