How to decrease transaction fees in Trust Wallet?

[Senator]

The transaction fees on any of the cryptocurrencies we see has nothing to do with any of us. There is nothing you can do about that other than to swap your coins to Litecoin in particular or be using a different coin altogether next time

 

[Dowenship]

Trust wallet is derived from binance exchange therefore any coin you are planning to keep first of all convert to bnb first before swapping to the coin on pancake swap.

I have been using trust wallet for some of my transactions of bitcoin cash , i found that the gas fee was a bit high.
Is there something i can do to decrease it as there is option for swapping also . Otherwise, i would have exchanged it for Tron or other altcoins
Please Tell me how to decraese fee by lowering satoshis or what if you know anything about it.

 

[btaliat]

It is always the experience especially when you are doing transaction that involves different platforms. You can either ask the person to use the same platform with you or you use maybe litecoin.

 

[Josemendez]

I have been using trust wallet for some of my transactions of bitcoin cash , i found that the gas fee was a bit high.
Is there something i can do to decrease it as there is option for swapping also . Otherwise, i would have exchanged it for Tron or other altcoins
Please Tell me how to decraese fee by lowering satoshis or what if you know anything about it.

When you want to send out fund from your trustwallet , look above the screen and tap on the settings icon , from there you can be able to increase or reduce the gas fee.

 

[Zevin]

Recently, I watched a tutorial where the author showed how to reduce transaction costs. There is a drawback to this because when you reduce the cost, your transaction will also be delayed.

 

[BrolySSJ]

Recently, I watched a tutorial where the author showed how to reduce transaction costs. There is a drawback to this because when you reduce the cost, your transaction will also be delayed.

This is one of the main risks that comes with decreasing the transaction fees that are associated with the cryptocurrency transaction and I personally believe that the best way to reduce the transaction fees is to rather look at a time during the day when the traffic on the network is considerably lower. When there's less traffic the transaction fees are also much lower

 

[delnovem]

Changing the fees can cause your transaction to get stuck and might take longer before it gets processed. Always plan ahead so that there are no delays. All of the fees are paid to the miners and once sent there is no way to cancel a pending transaction.

 

[Senator]

Of there is a way to make the transfers of your cryptocurrency assets in other forms like Litecoin, that will make it less expensive transacting with your other coins

 

[greenie]

Concerning how to decrease transaction fee on trust wallet. Well, I dont think there is a way that an individual can reduce the fee unless if you want to keep changing it to the forthcoming uprising cryptocurrencies like ripple, tron, litecoin and the rest which I feel it would get tiring in the long run

 

[Laurentta]

I don't think there's any way one can reduce transactions feel on trust wallet. The only remedy is for you to keep changing coins from time to time which could be tiring.

 

[Grandeur]

I do not know much about trust wallet because I stopped using it after I noticed the high transaction fees too. I have been using binance and what I normally do is convert from any coin I receive to bnb then send for lower fees or free if the person is also using binance

 

[GoldenLady]

I only use trust wallet for buying coins on pancake swap or storing coins. If there's an alternative, why subject yourself to the high gas fees? Litecoin or tron have low gas fees if you have to use the wallet.

 

[HayKay]

I'll just advise that you convert your coins to more stable ones like USDT and then carry out your transactions - the thing is that the binance smart chain and the Ethereum ecosystem have high gas fees.

 

[Sincerem]

This can't be done. Mostly the transaction fee in each wallet is being programmed depending on the congestion of the network you are using. However there is some wallets that offers a zero transaction fee but I don't really understand how it works.

 

[Setho]

If you believe that the transaction is not so much important then you can manually review it but it might result in a situation whereby the transaction is abandoned.