I am more interested in altcoins than bitcoins because they offer more return on investment but we are not in a bull market yet and ethereum gas fees keep going up since yesterday, only when you send ETH from wallet ...Read more
I am more interested in altcoins than bitcoins because they offer more return on investment but we are not in a bull market yet and ethereum gas fees keep going up since yesterday, only when you send ETH from wallet wallet to wallet but the real problem is when you plan to send tokens from one wallet to another, gas is running high and that makes me wonder what happens in a bull market, since most of my tokens are on Erc-20 channel, what is a good way to prepare for this?
Read less
Yes, high gas fees for sending tokens can be a problem. Gas fees are like transaction fees you pay for using the network, and when they're high, it can make sending tokens expensive. This might discourage people from using the network, especially for smaller transactions. It's like if sending a smalRead more
Yes, high gas fees for sending tokens can be a problem. Gas fees are like transaction fees you pay for using the network, and when they’re high, it can make sending tokens expensive. This might discourage people from using the network, especially for smaller transactions. It’s like if sending a small package cost as much as sending a big one. People might look for alternatives with lower fees or wait until fees go down. High fees can also slow down transactions and make the network crowded. So, yes, high gas fees can make using and sending tokens less convenient and more costly.
See less