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Author Topic: Can not afford gas fee to exchange token - What to do?  (Read 16582 times)

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Re: Can not afford gas fee to exchange token - What to do?
« Reply #60 on: July 28, 2024, 10:17:47 AM »
As far as gas fees are concerned, BSC is one of the cheapest chains you can get fairer gas fees, and I don't think there is anyone on the crypto community that are not aware of the Binance Smart Chain Transaction fees
It is very good to carried out research before using any of the blockchains to avoid being stranded on any gas fees issues

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Re: Can not afford gas fee to exchange token - What to do?
« Reply #60 on: July 28, 2024, 10:17:47 AM »

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Re: Can not afford gas fee to exchange token - What to do?
« Reply #61 on: August 15, 2024, 02:45:50 AM »
As far as gas fees are concerned, BSC is one of the cheapest chains you can get fairer gas fees, and I don't think there is anyone on the crypto community that are not aware of the Binance Smart Chain Transaction fees
It is very good to carried out research before using any of the blockchains to avoid being stranded on any gas fees issues
Of course, everything can be said to know that the cost of gas in BSC is the cheapest and very easy to use, so, of course, it is very unfortunate if there are transactions that cannot be completed because they are constrained by cheap gas costs. It should indeed be analyzed before doing anything to be done, because it avoids something that might not be desirable, because if you can't complete your transaction, it is certainly very unfortunate, but again, if, for the BSC network, I believe you will be able to complete it.
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Re: Can not afford gas fee to exchange token - What to do?
« Reply #61 on: August 15, 2024, 02:45:50 AM »

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Re: Can not afford gas fee to exchange token - What to do?
« Reply #62 on: August 15, 2024, 08:29:49 AM »
I was using Metamask to buy a BSC-based token and I did not leave enough BNB to cover the gas fee for the exchange so I cannot cash it out. I am about $0.20 short. Is there a workaround?

there are no exits, but if you don’t have money on your balance, you won’t be able to withdraw anything. Many people, including me, have found themselves in this situation. The usual way out is to simply buy coins on the exchange and transfer them to your wallet so that you can pay for the transaction.

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Re: Can not afford gas fee to exchange token - What to do?
« Reply #63 on: August 16, 2024, 07:36:35 PM »
As far as gas fees are concerned, BSC is one of the cheapest chains you can get fairer gas fees, and I don't think there is anyone on the crypto community that are not aware of the Binance Smart Chain Transaction fees
It is very good to carried out research before using any of the blockchains to avoid being stranded on any gas fees issues
You are absolutely right.  Binance Smart Chain (BSC) is known for its low transaction fees and fast block times, which have made it popular among cryptocurrency users.  Researching blockchain is definitely a good practice to avoid gas fee issues.

 For starters, each blockchain has its own gas fee structure and network characteristics.  Some networks like Ethereum are often known for high gas fees, especially when the network is very busy, while networks like BSC and Solana are generally much cheaper.  If not properly prepared, it's possible to run into trouble even at chains with low gas fees.

 It's a reminder that those new to the crypto space don't underestimate the importance of research.  Being properly prepared before the transaction, especially being aware of gas fees and required tokens, is helpful in avoiding any unpleasant situations.

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Re: Can not afford gas fee to exchange token - What to do?
« Reply #64 on: August 22, 2024, 08:07:57 PM »
I was using Metamask to buy a BSC-based token and I did not leave enough BNB to cover the gas fee for the exchange so I cannot cash it out. I am about $0.20 short. Is there a workaround?

there are no exits, but if you don’t have money on your balance, you won’t be able to withdraw anything. Many people, including me, have found themselves in this situation. The usual way out is to simply buy coins on the exchange and transfer them to your wallet so that you can pay for the transaction.
Trying to analyze your post. If you don't have BNB in ​​your wallet and you can't pay for the transaction, you can try the following ways: Log into your exchange account, buy some BNB and transfer it to your wallet. Crypto Community Members  You can ask for help.  They may send small amounts of BNB. Some platforms may offer promotional credits or bonuses, which may help cover gas fees.  Following these rules may solve the problem.

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Re: Can not afford gas fee to exchange token - What to do?
« Reply #65 on: August 24, 2024, 05:15:45 PM »
As far as gas fees are concerned, BSC is one of the cheapest chains you can get fairer gas fees, and I don't think there is anyone on the crypto community that are not aware of the Binance Smart Chain Transaction fees
It is very good to carried out research before using any of the blockchains to avoid being stranded on any gas fees issues
Of course, everything can be said to know that the cost of gas in BSC is the cheapest and very easy to use, so, of course, it is very unfortunate if there are transactions that cannot be completed because they are constrained by cheap gas costs. It should indeed be analyzed before doing anything to be done, because it avoids something that might not be desirable, because if you can't complete your transaction, it is certainly very unfortunate, but again, if, for the BSC network, I believe you will be able to complete it.
In fact, if there are no fees, you can buy from the middleman for $5 and you can do many transactions. By having bnb in your wallet, you can actually minimize shortages, sales costs and even shipping.

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Re: Can not afford gas fee to exchange token - What to do?
« Reply #66 on: August 24, 2024, 10:30:14 PM »
In fact, if there are no fees, you can buy from the middleman for $5 and you can do many transactions. By having bnb in your wallet, you can actually minimize shortages, sales costs and even shipping.

Hmm, Quite a simple solution but people make things exaggerated these days, anyway, I wasn't expecting such a topic here in the BSC section because until now I was the thing the gas fees issue is only with ETT and BTC. But seems like even with the lowest transaction fees people would still have problems I think we need a gas-free chain ohh but that's not practical.

Seems like we need some quality topics to discuss.
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Re: Can not afford gas fee to exchange token - What to do?
« Reply #66 on: August 24, 2024, 10:30:14 PM »


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Re: Can not afford gas fee to exchange token - What to do?
« Reply #67 on: August 24, 2024, 10:39:48 PM »
If you don't have BNB in ​​your wallet and you can't pay for the transaction, you can try the following ways: Log into your exchange account, buy some BNB and transfer it to your wallet.
That's the only solution for the OP, as it's mandatory to have buy some BNB from an exchange which later can be used to pay for the fees but one should also keep in mind that withdrawing the BNB from an exchange's wallet may also have some fees.

If the OP was unable to pay $0.2 fees of a transaction then I guess it would be hard for him/her to pay the withdrawal fees of the exchange as well. And, when it comes to help from crypto community then you must keep in your mind that no one would help someone whom they don't know.
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Re: Can not afford gas fee to exchange token - What to do?
« Reply #68 on: August 28, 2024, 06:09:35 AM »
BSC (Binance Smart Chain) is known for its low transaction fees, making it an attractive option for many users, especially those looking to avoid the high gas fees of networks like Ethereum. This affordability has contributed to BSC's popularity, particularly for activities like DeFi, gaming, and NFTs.Conducting research before using any blockchain is crucial. Different blockchains have different fee structures, and understanding these costs can help avoid unexpected expenses. For instance, while Ethereum can be expensive during high network activity

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Re: Can not afford gas fee to exchange token - What to do?
« Reply #69 on: September 28, 2024, 05:46:19 PM »
It is always offered the possibility of doing after signing up to the Binance exchange, where small tasks are done and vouchers, coupons are obtained for the opportunity to trade, in which all profits are kept. You can't until you try.
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Re: Can not afford gas fee to exchange token - What to do?
« Reply #70 on: September 30, 2024, 01:30:41 PM »
It is always offered the possibility of doing after signing up to the Binance exchange, where small tasks are done and vouchers, coupons are obtained for the opportunity to trade, in which all profits are kept. You can't until you try.
Once having registered an account at Binance, for instance, users will be introduced to number of promotional campaigns aimed at educating them on trading. Such programs can contain basic activities that would help them trade, in return, receiving coupons vouchers or discounts as a motivation. This way not only users gain knowledge of all the opportunities provided by the platform but also can practice using it with little real money invested.

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Re: Can not afford gas fee to exchange token - What to do?
« Reply #71 on: October 13, 2024, 11:02:48 PM »
As far as gas fees are concerned, BSC is one of the cheapest chains you can get fairer gas fees, and I don't think there is anyone on the crypto community that are not aware of the Binance Smart Chain Transaction fees
It is very good to carried out research before using any of the blockchains to avoid being stranded on any gas fees issues
Yes, I agree, if compared to the network on Ethereum, the difference is very far. even though the transaction speed is equally fast, it's just that the difference between transaction gas on the Ethereum and BNB networks has increased significantly. Now, BNB or BSC transactions are still the same as in previous months. While Ethereum? The increase has even increased several times, initially it touched 0 .... and now? It's even more than 16 gwei. this is very bad for the development of the next Ethereum project.

And for now, besides BNB, there is actually also the Solana network which is also recommended for sending. and there are already many platforms or exchanges that provide this option. both are cheap and the transactions are very fast.

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Re: Can not afford gas fee to exchange token - What to do?
« Reply #72 on: October 18, 2024, 03:14:21 PM »
As far as gas fees are concerned, BSC is one of the cheapest chains you can get fairer gas fees, and I don't think there is anyone on the crypto community that are not aware of the Binance Smart Chain Transaction fees
It is very good to carried out research before using any of the blockchains to avoid being stranded on any gas fees issues
Yes, I agree, if compared to the network on Ethereum, the difference is very far. even though the transaction speed is equally fast, it's just that the difference between transaction gas on the Ethereum and BNB networks has increased significantly. Now, BNB or BSC transactions are still the same as in previous months. While Ethereum? The increase has even increased several times, initially it touched 0 .... and now? It's even more than 16 gwei. this is very bad for the development of the next Ethereum project.

And for now, besides BNB, there is actually also the Solana network which is also recommended for sending. and there are already many platforms or exchanges that provide this option. both are cheap and the transactions are very fast.
The existence of a lot of networks is very petrified users to use the safe network that is cheaper and also safe. I am also a use of BSC networks and I think this is quite cheap and this sata we have a choice of solanan and also tons. So Users can choose which network they like because Ethereum Gas Fee is very expensive.

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Re: Can not afford gas fee to exchange token - What to do?
« Reply #73 on: November 29, 2024, 12:42:59 AM »
As far as gas fees are concerned, BSC is one of the cheapest chains you can get fairer gas fees, and I don't think there is anyone on the crypto community that are not aware of the Binance Smart Chain Transaction fees
It is very good to carried out research before using any of the blockchains to avoid being stranded on any gas fees issues
Yes, I agree, if compared to the network on Ethereum, the difference is very far. even though the transaction speed is equally fast, it's just that the difference between transaction gas on the Ethereum and BNB networks has increased significantly. Now, BNB or BSC transactions are still the same as in previous months. While Ethereum? The increase has even increased several times, initially it touched 0 .... and now? It's even more than 16 gwei. this is very bad for the development of the next Ethereum project.

And for now, besides BNB, there is actually also the Solana network which is also recommended for sending. and there are already many platforms or exchanges that provide this option. both are cheap and the transactions are very fast.
The existence of a lot of networks is very petrified users to use the safe network that is cheaper and also safe. I am also a use of BSC networks and I think this is quite cheap and this sata we have a choice of solanan and also tons. So Users can choose which network they like because Ethereum Gas Fee is very expensive.
Currently, almost many networks have provided good assistance to their users with fairly cheap gas fees because the goal is to get to know and benefit the network itself, so if ethereum is expensive, it is natural if it happens because ethereum itself is also quite high in price and is no different from bitcoin.
I think besides the bsc network, there are many networks that are paid cheaply. Just adjust to your own circumstances, because I also invest in BNB, so that's the network I use.

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Re: Can not afford gas fee to exchange token - What to do?
« Reply #74 on: December 06, 2024, 06:13:03 PM »
I was using Metamask to buy a BSC-based token and I did not leave enough BNB to cover the gas fee for the exchange so I cannot cash it out. I am about $0.20 short. Is there a workaround?
It is normal, when you will use any DEX to exchange any token then you must have to pay Blockchain translation fees to complete trade. so if you a day trader then go to CEX and start trading there but if you just swap your holding token or swap any token which you got free for airdrop then and also if you want your privacy and safety then i think this fee is not a big deal for you.
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