best way to send eth to multiple wallets on 1 transaction?

hi, i want to send low quantities of eth to many wallets (around 50). making individual transactions would be nuts fee-wise and time-wise, so i am looking for safe ways to do it in 1. first option is coding a solidity contract, but that would require me to learn basic solidity, and i would rather avoid that for now, as it sounds burdensome.does anyone have any recommendations? any Dapps?

bumping this in case anyone happens to know something.

Isn't polygon the exact same thing? I might be wrong tho but polygon was initially created to do this....

FriendlyPufferfish said:

making individual transactions would be nuts fee-wise and time-wise, so i am looking for safe ways to do it in 1

Click to expand...

As far as I know the transaction fee is calculated based on how many things you do. So if you build a smart contract, you will pay more than a normal ETH transaction. This needs to be tested, but I think doing 1 smart transaction or multiple simple ones is almost the same thing when it comes to fees.

I don't know any dapps to do this.

swifthere said:

Isn't polygon the exact same thing? I might be wrong tho but polygon was initially created to do this....

Click to expand...

Yes, polygon saves you fees, but all your recipients have to have a polygon address. Also keep in mind that when you go from Ethereum to polygon and back you still pay 2 ETH transaction fees.

alurosu said:

As far as I know the transaction fee is calculated based on how many things you do. So if you build a smart contract, you will pay more than a normal ETH transaction. This needs to be tested, but I think doing 1 smart transaction or multiple simple ones is almost the same thing when it comes to fees.

Click to expand...

thanks for the answer. guess i will bite the fee bullet then.

swifthere said:

Isn't polygon the exact same thing? I might be wrong tho but polygon was initially created to do this....

Click to expand...

alurosu said:

Yes, polygon saves you fees, but all your recipients have to have a polygon address. Also keep in mind that when you go from Ethereum to polygon and back you still pay 2 ETH transaction fees.

Click to expand...

cool to finally know what polygon does. up to now, i only knew it was one of those layer 2 thingies that always go up when you don't have a bag of them. sadly, as you say, it's still many transaction fees, since i would need to move individually from each polygon wallet to normal eth wallets.