Post
Topic
Board Altcoin Discussion
Re: Erc20 tokens send fee
by
Joshapat
on 11/09/2021, 15:13:33 UTC
I don't know if this is the right place to post this but I want to know if there is some way to send erc20 tokens with low fee.
Current gas fee is very high particularly if one has to send too many transactions. Please if someone know any other way to send erc20 tokens with less fee, share with me and I will appreciate it.

ERC-20 are used not only on Ethereum but also on Polygon and different layers 2 where transactions are very cheap. For example, on Polygon I run transactions for less than 1 cent. I don’t like Ethereum because of big transaction fees. I prefer using some alternative cheaper variants. But if you prefer Ethereum, you should do your transactions on Friday’s evening when the activity is relatively low.
Polygon have different network than ERC20 where very cheapest fees when sending coin Polygon network, I try last two day when made transaction with Polygon coin network just take under 0.1$ fees and still have few cent in my wallet after two transaction sending coin. Impossible enough use for sending ERC20 coin because you need minimum almost 10$ for each transaction of ERC20, if you use for swap you need above $50 and more depend which one coin do sell on Uniswap, I hope for the future have many coin launch not only with ethereum network but also could support other network like BSC, Polygon or could use Waves network have most cheapest fees too.
almost thought of poly network, so far ERC20 is expensive but there has never been any news so far of anyone breaking into it, there is a price for quality, security guarantees, and they make the link born from here. being ERC20 is good because many are successful.

For developers of course ERC-20 is a better platform than BSC or others, but I think the high transaction fees make me think to switch to another coin which is cheaper transaction fees, today I tried to send ERC-20 based tokens unfortunately the fees transaction over $25 so I cancel