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But there were times that ERC20 token transactions were no longer tolerable due to the fees that it projects, it seems too high and very discouraging to make transactions. Yet, there are still a lot of people that does the transaction because there is no option to make but to do sell those erc20 tokens that we have. If it's about saving fees, BSC is going to be the main choice of everyone.
I am holding a few tokens in ERC20 tokens for over a year and i really wanted to stake some of the tokens but the transaction fees are incredibly high that it wont be profitable enough to move those coins to stake and considering there is no fixed date on when these transaction charges will go down, it is not even profitable to spend that much money staking, i am sure there are many in that situation and basically stuck for over an year.
Well, if you don't have that much money to stake then that won't make sense to spend to pay for the transfer fees when they're too high.
Actually, you can wait until the fees drop and then that's the time that you should start sending it to those platforms or wallet where you're going to stake for it.