Post
Topic
Board Altcoin Discussion
Re: High gas fee for sending token is still a problem
by
riskarcher
on 10/07/2023, 16:15:07 UTC
but high fee gas only occurs on the ETH network and this high gas fee is due to dense transactions on the ETH network. what ERC20 token holders can do is look for when the gas fee will decrease because there are times when the gas fee on the ETH network will decrease. and indeed people with limited capital should avoid ERC20 network tokens.

With the increasing number of transactions taking place on decentralized exchanges (DEX) like Uniswap and the emergence of token memes increasing every day, it will certainly be difficult to reduce gas prices on the ETH network. because DEX is an exchange that costs more than CEX, Also, we know the tax system on memes, this is the reason why in ETH drives the increase in gas usage. IMO
High transaction on ERC20 Then the gas fee will also be high maybe due to ETH has been in the high prices  and many altcoin using network ERC20 on their project so that's all make sense if gas usage so high. If we see 4-5 years ago gas fee of ERC20 is a cheap too i can say gas fee is not different with BEP20