Post
Topic
Board Altcoin Discussion
Re: Erc20 tokens send fee
by
dhemasm
on 19/10/2021, 11:01:19 UTC
ETH fees are very high nowadays and if we have a coin for 10$ it will definitely not be possible to transfer that coin for 30$. I checked gas fees are very expensive nowadays and that makes it very difficult for me to transfer money to the exchange. I hope the launch of ETH 2.0 will help reduce the current fees, otherwise we will all have a hard time using the erc-20 network.
I know right? Paying $15 Fee for total $20 Transaction value it's ridiculous, It's better to safe your asset especially an ERC-20 Based until eth 2.0 Released but if you guys really need to sell the tokens or make an transaction on Ethereum network it's better to wait until UTC Midnight time since the gas price was much lower on that time, I think it's the only most efficient way so far.