Quote from: martina14 on Today at 01:38:59 PM

Quote from: pilosopotasyo on January 21, 2021, 08:49:14 AM

You can lose profit sending trading and withdrawing if you are trading a small amount I have $50 worth of Ferum or FRM it will take $6 to send the whole amount to Bilaxy and after you trade it to Eth and wants to withdraw it you will have to spend $12 to withdraw your Eth,
now that's $18 gas fees for your $50, my only option is to trade it to other altcoins like DGB or Litecoin which offer $4 to $5 fee you still going to lose $11, that's over 20%.

The gas fee for ETH was really insane actually, imagine from 50$ balance they will deduct 18$ from it, so the only
balance that will be transfer into your wallet address you give is 32$, right? for me that is really unfair and very unjust too.
This must be lessen in terms of every transactions were gonna made anyway.

Is this something controllable? No its not because just like on what we saw on Bitcoin network when the market is clogged then these typical scenario do happen.
Fees do rise up to 150-400 sats/byte on the worst or even more. This is my first time i do saw ETH that had able to experience the same problem.
I though this one isnt prone or doesnt have the possibility on having the same headache just like Bitcoin has.

Current Gwei the moment?
Recommended Gas Prices in Gwei

187
TRADER< ASAP

172
FAST< 2m

120
STANDARD< 5m

https://ethgasstation.info/

You wanna like to save up? Wait for the network to calm down before making transactions.