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Crypto fee 2 high. Why?

arnoldzarnoldz Member
edited March 18 in Help

I’m trying to pay for the server with crypto, 4.99 USDT from Trust Wallet,
and the fee comes out to 27.3966 TRX (~$6.15)
I don’t understand why it’s so high
I expected it to be around $0.1-0.5

II’m a dummy, this is my first time making a transfer 🙂

«1

Comments

  • VeraselVerasel Member, Host Rep

    Don't use TRC-20 for small transactions, use ERC-20 (Ethereum) instead, the fees are a bit more stable, but for it, you need Ethereum, obviously.

    In general, if you are able to, use Bitcoin. The lowest fees, IMHO... atm it's around $0.23 USD.

    Thanked by 7arnoldz cainyxues fatchan Void anonuser1211 itzgeo 0xC7
  • arnoldzarnoldz Member

    @Verasel said:
    Don't use TRC-20 for small transactions, use ERC-20 (Ethereum) instead, the fees are a bit more stable, but for it, you need Ethereum, obviously.

    In general, if you are able to, use Bitcoin. The lowest fees, IMHO... atm it's around $0.23 USD.

    There is no option to switch to another network

  • emaiIemaiI Member

    @arnoldz said:

    @Verasel said:
    Don't use TRC-20 for small transactions, use ERC-20 (Ethereum) instead, the fees are a bit more stable, but for it, you need Ethereum, obviously.

    In general, if you are able to, use Bitcoin. The lowest fees, IMHO... atm it's around $0.23 USD.

    There is no option to switch to another network

    Your USDT is on tron network, you can't "switch," you must swap (exchange) it. To swap, you must pay the same or even higher fee. If you have more usdt, swap now and pay that fee just once

  • emaiIemaiI Member

    @Verasel said:

    In general, if you are able to, use Bitcoin. The lowest fees, IMHO... atm it's around $0.23 USD.

    If only Monero or Nano were used as widely.

    Thanked by 7MannDude oloke BasToTheMax fatchan iriska DashKiller nokotan
  • arnoldzarnoldz Member

    @emaiI said:

    @arnoldz said:

    @Verasel said:
    Don't use TRC-20 for small transactions, use ERC-20 (Ethereum) instead, the fees are a bit more stable, but for it, you need Ethereum, obviously.

    In general, if you are able to, use Bitcoin. The lowest fees, IMHO... atm it's around $0.23 USD.

    There is no option to switch to another network

    Your USDT is on tron network, you can't "switch," you must swap (exchange) it. To swap, you must pay the same or even higher fee. If you have more usdt, swap now and pay that fee just once

    I was told that the cheapest way is to use USDT and transfer via TRC-20
    Wrong?

  • emaiIemaiI Member

    @arnoldz said:

    @emaiI said:

    @arnoldz said:

    @Verasel said:
    Don't use TRC-20 for small transactions, use ERC-20 (Ethereum) instead, the fees are a bit more stable, but for it, you need Ethereum, obviously.

    In general, if you are able to, use Bitcoin. The lowest fees, IMHO... atm it's around $0.23 USD.

    There is no option to switch to another network

    Your USDT is on tron network, you can't "switch," you must swap (exchange) it. To swap, you must pay the same or even higher fee. If you have more usdt, swap now and pay that fee just once

    I was told that the cheapest way is to use USDT and transfer via TRC-20
    Wrong?

    https://gasfeesnow.com/

    But no matter what network, using tokens is never cheapest. Do you need a stablecoin?

    Thanked by 1arnoldz
  • arnoldzarnoldz Member

    Grok 3 to me:
    The commission for transferring 5 USDT from Trust Wallet (TRC-20) to a Cryptomus wallet is 1–2 TRX (approximately $0.15–$0.30 at a TRX rate of $0.15).

    I do not understand why the commission is ~$6.15 in my case... 😕😕😕

  • arnoldzarnoldz Member

    @emaiI said:

    @arnoldz said:

    @emaiI said:

    @arnoldz said:

    @Verasel said:
    Don't use TRC-20 for small transactions, use ERC-20 (Ethereum) instead, the fees are a bit more stable, but for it, you need Ethereum, obviously.

    In general, if you are able to, use Bitcoin. The lowest fees, IMHO... atm it's around $0.23 USD.

    There is no option to switch to another network

    Your USDT is on tron network, you can't "switch," you must swap (exchange) it. To swap, you must pay the same or even higher fee. If you have more usdt, swap now and pay that fee just once

    I was told that the cheapest way is to use USDT and transfer via TRC-20
    Wrong?

    Do you need a stablecoin?

    I have USDT

  • VeraselVerasel Member, Host Rep

    I will pay the invoice for you, but in future, please avoid using stablecoins for transactions such as these.

    Please PM me the invoice URL.

    Thanked by 4arnoldz ravi oloke nghialele
  • arnoldzarnoldz Member

    @Verasel said:
    I will pay the invoice for you, but in future, please avoid using stablecoins for transactions such as these.

    Please PM me the invoice URL.

    No, but thank you very much for the offer 🙏

  • VeraselVerasel Member, Host Rep

    @arnoldz said: No, but thank you very much for the offer 🙏

    I really didn't mean to offend, it's just shitty from the provider to put you in this position. It's not fair on the customer at all. You're literally getting railroaded...

    Thanked by 1arnoldz
  • raviravi Member

    @Verasel said:
    I will pay the invoice for you, but in future, please avoid using stablecoins for transactions such as these.

    Please PM me the invoice URL.

    wow..

  • arnoldzarnoldz Member

    It turns out that I was misled by artificial intelligence (Grok 3 and Qwen)
    They both said that the cheapest way is through TRC20

  • arnoldzarnoldz Member

    @ravi said:

    @Verasel said:
    I will pay the invoice for you, but in future, please avoid using stablecoins for transactions such as these.

    Please PM me the invoice URL.

    wow..

    An intelligent, noble-blooded person!

    Thanked by 1ravi
  • olokeoloke Member

    @arnoldz said:
    It turns out that I was misled by artificial intelligence (Grok 3 and Qwen)
    They both said that the cheapest way is through TRC20

    I guess now you got the lesson you shouldn't trust AI with your money...

    @emaiI said:

    @Verasel said:

    In general, if you are able to, use Bitcoin. The lowest fees, IMHO... atm it's around $0.23 USD.

    If only Monero or Nano were used as widely.

    Agree. Monero fees are pennies compared to BTC.

    Thanked by 2arnoldz naphtha
  • ourvdsourvds Member

    You can use bnb

  • emaiIemaiI Member

    @arnoldz said:
    It turns out that I was misled by artificial intelligence (Grok 3 and Qwen)
    They both said that the cheapest way is through TRC20

    Really? Not even a single google search?

  • arnoldzarnoldz Member

    @oloke said:

    @arnoldz said:
    It turns out that I was misled by artificial intelligence (Grok 3 and Qwen)
    They both said that the cheapest way is through TRC20

    I guess now you got the lesson you shouldn't trust AI with your money...

    It's was not something like a surprise
    However I have asked several times ChatGPT, Qwen and Grok
    ChatGPT answer:
    TRC-20 (Tron) is the best choice if the recipient supports it. If not, BEP-20 or Solana can be good alternatives. ERC-20 is not recommended for small amounts due to high fees.

  • arnoldzarnoldz Member

    @emaiI said:

    @arnoldz said:
    It turns out that I was misled by artificial intelligence (Grok 3 and Qwen)
    They both said that the cheapest way is through TRC20

    Really? Not even a single google search?

    No Google search 😂😂😂😂

  • arnoldzarnoldz Member

    @ourvds said:
    You can use bnb

    I was going to, but then the AI convinced me to use TRC-20 🤣🤣🤣

  • nghialelenghialele Member

    Today I saw a dev on reddit running SaaS that code by AI lmao now I see OP asking AI about using money.

    Great, they will replace you, not me.

    Thanked by 2arnoldz martheen
  • tenjitenji Member

    It might be come from the payment gateway used by your server provider. You fortunate enough to see the fee & not automated :|
    Either accept @Verasel generosity or find other way to pay or just find another provider.

  • fxdjclubfxdjclub Member

    There is a platform that specializes in renting traffic. 6 TRX transfers are equivalent to about 1 USDT.

    Thanked by 1arnoldz
  • arnoldzarnoldz Member

    @tenji said:
    It might be come from the payment gateway used by your server provider. You fortunate enough to see the fee & not automated :|
    Either accept @Verasel generosity or find other way to pay or just find another provider.

    I googled it — if the recipient has 0 USDT in their account, the fee will be around 27.7 TRX
    And if there is USDT in the account, the fee is about 13.8 TRX

  • BasToTheMaxBasToTheMax Member
    edited March 18

    @emaiI said:

    @Verasel said:

    In general, if you are able to, use Bitcoin. The lowest fees, IMHO... atm it's around $0.23 USD.

    If only Monero or Nano were used as widely.

    Ye i'm planning to switch to nano too :)
    Its a great coin imo

  • arnoldzarnoldz Member

    @fxdjclub said:
    There is a platform that specializes in renting traffic. 6 TRX transfers are equivalent to about 1 USDT.

    I’m talking about USDT, not TRX

  • emaiIemaiI Member

    @arnoldz said:

    @tenji said:
    It might be come from the payment gateway used by your server provider. You fortunate enough to see the fee & not automated :|
    Either accept @Verasel generosity or find other way to pay or just find another provider.

    I googled it — if the recipient has 0 USDT in their account, the fee will be around 27.7 TRX
    And if there is USDT in the account, the fee is about 13.8 TRX

    Payment gateways generate a new address for every transaction, so it doesn't matter

  • arnoldzarnoldz Member
    edited March 19

    @Verasel said:

    @arnoldz said: No, but thank you very much for the offer 🙏

    I really didn't mean to offend, it's just shitty from the provider to put you in this position. It's not fair on the customer at all. You're literally getting railroaded...

    The provider’s not at fault here
    It’s all on me — I picked the crypto and the network myself 😔

    PS: Although, maybe the Democrats are to blame for this

    Thanked by 1Verasel
  • VeraselVerasel Member, Host Rep

    @arnoldz said: PS: Although, maybe the Democrats are to blame for this

    Thank you for the laugh :smile:

    So you mean you can just cancel the invoice and pay properly? :)

    Thanked by 1arnoldz
  • lothoslothos Member

    litecoin and monero fees are way less. Monero would be less than a penny with litecoin similar.

    Thanked by 3arnoldz BasToTheMax naphtha
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