How to avoid gas fees?
- Thread starter perocJ
- Start date
Chris Newman
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- Oct 13, 2018
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There are lots of coins with the word "Inu". But, Shiba Inu is most popular of them, so I am left with the only choice to assume that you are referring to Shiba Inu ? Buy it in Binance, if a small amount then hold it in Binance itself. Otherwise after that if you want to store it in a crypto wallet then transfer it from Binance using bep20 (very low transfer fees) to your bep20 supported crypto wallet, such as Trust Wallet.
It may sound a bit confusing to you, incase you are a newbie to crypto, crypto wallets, etc. In that case, you may seek further clarifications or suggestions (here in your thread).
It may sound a bit confusing to you, incase you are a newbie to crypto, crypto wallets, etc. In that case, you may seek further clarifications or suggestions (here in your thread).
R4v3nbl4ck
Senior Member
- Sep 29, 2020
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Most meme coins are available in BSC and ETH versions. BSC fees are way cheaper.
Chris Newman
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In that case, like Uniswap, the fees will be high, no other choice. Some may be available in Pancakeswap, but I have seen insane fees there as well.
Pranto
Power Member
- May 6, 2016
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what if I use binance as crypto wallet ? I'm holding all my crypto on Binance instead any wallet . is there any risk hold them on exchanger ?
R4v3nbl4ck
Senior Member
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Use at least 2 or 3 different exchanges or wallets. If you lose access to your account or Binance gets banned in your country, you will lose everything.
GrowthStrategist
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- Jul 11, 2019
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By not doing any transactions
Chris Newman
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Binance is a centralized exchange and crypto wallets such as Trust Wallet, Atomic Wallet, etc are decentralized. In decentralized wallets, the safety & security of crypto is very high, because the safety & security of crypto is in the user's hands, unlike centralized exchanges. To get the best idea, Google "difference between centralized and decentralized in crypto" and read a few articles and you will understand it well and you will be glad.
Pranto
Power Member
- May 6, 2016
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thank you mate
perocJ
Failed to resolve a dispute resolution thread.
- Dec 28, 2010
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Huge mistake, you should buy before they get listed. Only in that case you can make a massive profit.
perocJ
Failed to resolve a dispute resolution thread.
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So you don’t know any other way to purchase coins in that stage?
I heard that can be done by bitmart but also I see people don’t trust them much
Chris Newman
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Most of the newly lauched are not immediately available in Bitmart, etc, but they are immediately available in Uniswap and /or Pancakeswap.
JavascriptPufferfish
Supreme Member
- Sep 13, 2019
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you mean shiba inu? its on ftx, you can buy with practically no gas fees if you plan to keep it there.
reddogred
Junior Member
- Jul 22, 2018
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Keep an eye on the development of Shibarium for future, being developed by the Shiba Inu team for Shibaswap. Its set to massively reduce the ETH gas fees. Really getting out of hand currently for people trying to transfer small amounts, its not worth it most of the time.