Post
Topic
Board Altcoin Discussion
Re: You can lose transfering and withdrawing
by
Psynthax
on 25/01/2021, 11:07:39 UTC
I feel the transaction fee for now is very large. This is obviously very detrimental to small investors because they have minimal assets and will be used up to pay fees. I still hope that the fee will be able to go down in the future so that it can provide low fees and not bother small investors
That's exactly why if you want to keep the expense as small as possible centralized exchange is the way to go to trade ERC20 tokens. those dex are good but the fee is really killing it and there's no option but to use cex but only temporarily.
Then, once you done with trading you can simply save your asset in form of USDT TRC20 that way you can save atleast ~$20 bucks based on my experience and I'm talking about a trading activities that's not so frequent.

Such a waste though when dex is currently on fire the fee becomes biggest hindrance. However, I don't expect ETH fee to go down anytime soon. ETH 2.0 implementation said to takes place slowly.