~snip~dominating in the market but come in mind that we do have BEP20 which is on binance chain which fees are way too cheap but surprisingly there are still having that huge demand on most tokens sitting on erc20.
Yes, its been a main problem on erc20 on having that huge gas fees on transferring token and this is why most of shit coins or meme coins being created is mostly on binance chain.
You would eventually be able to see and compare it out specially on checking out those DEXe's. Making up some small amount transactions is never been that worth
on which it would really be just that eaten by the gas fees and this is why there are lots of people who had been hating up on making tx on eth chain.
BEP20 is also quite cheap but try to use the MATIC (POLYGON) chain, it will be cheaper and even very cheap. I quite often use the MATIC chain for some trading on Dex or to make withdrawals from some exchanges or do arbitration using the cheaper MATIC chain. Besides that, chains like TRX can also be another option for cheaper withdrawals compared to having to use an ERC20 chain, which we already know will be very expensive.
only in certain cases I use ERC20.
You know most of the coin didn’t deployed in Matic chain so it’s a main problem we can't use it and missed this opportunity. But i see now there are so many coins implemented in BSC network, so this is alternative way to sell tokens with low gas fees instead of ETH Network.Same thing in Tron network, a very few coins are deployed, so there are no way to use it without USDT Tether.
But you still have to pay a fee for using the bridge from ETH to BSC. Perhaps this approach is beneficial for large volumes, but for small amounts, such a fee simply kills.
Using up instant exchange or swap sites neither would really be that convenient or not but of course when it comes to fees then you should really be that wary about on how much of the amount they would be slicing up on the overall amount that you are tending to sent out. It would really be that understandable that they would really be taking up some slice which its never been that
new and this is how these services do make out some revenue too but most of the time it would really be majority be using up the recommended network fees in between chains.
This is why it would really be better on making some withdrawals manually but there are really that exchangers which do really charged up more + with the casual network fees
which would really be making the burden more heavier but if you are filthy rich then these things wont really be an issue.