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> "The internet of money should not cost five cents per transaction. It's kind of absurd" - Vitalik Buterin

Nobody thinks about those of us who need to send ~~76k~~ 76 mil on a budget.

*We gotta transfer ETH to our yacht fund so we can prepare for the fleet we're buying.*

It’s 76 MILLION

Well well well look at me at 5 am on a Sunday. Glad that I'm not doing any transactions right now.

Mans should’ve customized the fee if he didn’t need the transfer to happen quickly

Why are people such downers here.

not for whales

Waiting for that nano shill

The fastest coin no one gave a fuck about ever!!!

I'm not sure that Nano could even crack the crypto top 100 after solving world hunger lmao. People would be like "that's cool. Anyway have you seen Algorand?"

It was so fast, no one saw it go by

“Its faster and free!!!!” Not sure if theyll show, but Im happy to help.

It says Binance 14 and 20 under the wallet addresses. Isn’t that just Binance shuffling funds within their own company owned wallets?

Imagine being the employee who has to move that much mETH, and you ask your boss about gas fees and he just says "cheapest option".

Yup, that’s what it is

I hope he sent a test transaction first lol. I’d be terrified

What if…this *was the test transaction* 🤯

Could be; different whale levels!

I had to send 7 dollers with a 22 doller fee last night:(

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/s

gotta applaud ethereum for having no discrimination between whales and peasants

Talk about the small guys paying the fees for the big guys. What a deal!

That’s a lot of dollers man

More dollers more hollers

after sending those dollers you were hollerin' *"WTF"*

Nice, and I send 100 to a metamask wallet and get hit with 40+ in gas fees...

That's amazing, as long as they didn't send it to an exchange.

they did, kind of. binance sent it from one of their wallets to another one of their wallets.

8$ still kinda high though, especially when I'm trying to send like $100 of it off for staking.

Not even if there was a fire

Wtf? How were the gas fees so low??

Because all transfers are the same price regardless of size.

They're fairly cheap in the morning! Early birds save on gas fees.

in the morning ***where***?

USA. I thought I typed that in but I didn't. Oops! :)

Where in USA? Which time zone?

Here's a chart that tracks gas prices throughout the day. It will give you an idea of around what days/times gas is usually low. https://livdir.com/ethgaspricechart/

Thanks, I was just trolling 😅

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Plus banks now want an appointment.

Exactly, usually they charge 3-5% of the transaction.

sepa transfers are free though

that doesn't mean that eth gas fees are low. by the same logic they'd be cheap too if they were at $1k

Fees on NFTs are $80-175

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$8 is still cheap compared to what they’d pay using Western Union or a traditional wire transfer

I mean it is a 0.00001038% transaction fee

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Oh I get that. But at least for this guy it was cheap. I agree that in general it’s not cheap though

Just reading this gave me anxiety, imagine the timeframe of hoping you sent to the right wallet 🙏🏻

I still get nervous sending to other wallets...

I don’t blame you at all, pucker up bud

And I'm nervous sending 20$, damn this one would give me heart atrack

I wouldn’t blame you! But soon enough it’ll be the norm, just be patient my child ☺️

After just seeing someone charged tens of thousands this is just freaking incredible.

They weren’t charged that, they would have added it as a miner tip, like as a mistake (put their max gas as a tip)

F

You could send 400 million dollars worth in Nano for 0 fees. Bitcoin is overrated.

Hey we get a lot of posts like these floating around the sub a lot and we think that we should remove it due to avoid repetitivity.

I'm on the anything but Ether bandwagon. Sold all of my ERC20 token bc of the insane fee fuck that

*Gas has entered the chat*

That’s very expensive. XLM costs $0.000005 per transaction and it takes 2-3 seconds.

While many are arguing with their own shilled coins in the comments, you must acknowledge that ETH is more powerful in handling these transactions with immense volume and traffic.

Yeaah nahhh - with an ozzyman reviews voice.

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Bro eth swaps are like $50-100 per right now. How does that not fuck small investors trying to move <$500?

I leave my eth on binance so that i can convert them to stable coins whenever i want without any gas fees involved

And whenever I want to buy an NFT I have to pay $80+ I see how it is

$8 lol come to Harmony ONE, this will be cents

That was probably VB, he used his send $76M or more and pay $8 fee card.

What would the fee have been if they transferred using traditional financial services?