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Binance English Binance English
R-

Why are fees to withdraw ETH tokens so high? like

2 LINK to withdraw LINK??

#binance #crypto-exchange #cryptocurrency #english
0

14 ответов

16 просмотров
PK-

ERC20 is expensive.

0
12.03.2022
R- Автор вопроса
PK
ERC20 is expensive.

can u pls explain why?

0
12.03.2022
PK-
R
can u pls explain why?

Ethereum runs on a Proof of Work system, that means mining, and mining is expensive. So the fees are used to pay the miners. The fees get way higher when the network is congested, so try doing erc20 transactions during the night. Hopefully when eth moves to proof of stake the fees are going to get lower.

0
12.03.2022
R- Автор вопроса
PK
Ethereum runs on a Proof of Work system, that mean...

is it normal that i have to pay 2 LINK (like 30$) to withdraw LINK?

0
12.03.2022
PK-
R
is it normal that i have to pay 2 LINK (like 30$) ...

Yes. Nothing out of usual in that value.

0
12.03.2022
R- Автор вопроса
PK
Yes. Nothing out of usual in that value.

damn

0
12.03.2022
R- Автор вопроса
PK
Yes. Nothing out of usual in that value.

is there a way i can pay lower fee to witdraw my coins here?

0
12.03.2022
PK-
R
is there a way i can pay lower fee to witdraw my c...

only thing you can do is withdraw it when the network is less active.

0
12.03.2022
R- Автор вопроса
PK
only thing you can do is withdraw it when the netw...

how do i do it? what exactly should i do when should i withdraw?

0
12.03.2022
scylla₿ ビットコイン-
Abhinav Jain
Where are Exc wyyy

lol it's normal twitter that you follow lots of crypto masters

0
13.03.2022

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