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How to decrease transaction fees in Trust Wallet?

  • Thread starter Thread starter Shivay
  • Start date Start date
Important:
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.
 
I doubt there is a lot that can be done, it's better to trade on low transaction fees coins like litecoin and xrp , of they remain too high for you then you could make a complaint of play elsewhere
 
Shivay said:
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.
Click to expand...
Personally, I prefer to use exchange wallets for funds that I will likely move around than Trust wallet. This makes it easier to move or even swap coins.
 
The fault might not actually be from trust wallet, so there is actually notting you can do to adjust it. The only option you can do is exchange your coins to other coins that has lower gas fee.
 
I have been utilizing trust wallet for a portion of my exchanges of bitcoin cash , I tracked down that the gas charge was somewhat high.

Is there something I can do to diminish it as there is alternative for trading additionally . Else, I would have traded it for Tron or other altcoins

If it's not too much trouble, Tell me how to decraese expense by bringing down satoshis for sure on the off chance that you know anything about it.
 
I do not think there is a way for you to reduce the transaction fee of trust wallet. Each cryptocurrencies has it own transaction charges fee some are higher while some are lesser. You should try to send btt, Trx or LTC and see the amounts of transaction fee it will charge.
 
It seems that the transaction fees in trust wallet is too much because whenever I want to send out my cryptocurrencies I got to find out that the fees is even bigger than the cryptocurrency.
 
You don't have a way to decrease the fees because you can't control them. That's impossible; however, you can be clever and reduce them by only sending huge amounts.

For example, it's better to send directly 40$, not to send 10$ first and then 20$ and then 10$, that will cost you more fees.
 
Well, there isn't much you can do to reduce the transaction fees however I think that you can exchange the coin for some another coin like a Lite coin or another cheap coin.
 
I have read in another forum that you can choose a crypto that has a smaller transaction fee. However, I do not know if your wallet will accept so many types of crypto. My wallet is still empty until now because it accepts just a few of the crypto that are familiar to me. Maybe I can test my wallet for that purpose.
 
I have trust wallet. In fact trust wallet was the first wallet I used. However, I have not switched to Binance. I do not know how much is the transaction fees on trust wallet
 
Shivay said:
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.
Click to expand...
I think the best thing for you is to change where you do your Bitcoin transaction,since the one you choose to be using is not favoring you I think you should switch to binance and thank me later.
 
Lower coins transactions is the best cos it comes with lower gas fee. Transacting with TRX, LTC, BCH, BNB, DOGE etc lower coins is best to do away with high gas fee.
 
Different exchanges have different gas fees. You will need to choose the exchange with low gas fee
 
Store money that you wish to transact with in a stable coin or a lower transacting fee coin like tron then leave the remainder in the trust wallet for your investment.
 
Shivay said:
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.
Click to expand...
Shivay said:
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.
Click to expand...
Wait!!! are you use the ethereum transaction, if that's so u will need to change it to smart chain transaction at the top of the app where you see the symbol of each coin anytime you are about to perform a transaction
 
there is no way to decrease the transaction fee of any cryptocurrency in trust wallet because transaction fee is determined by the congestion of the network,the best way to reduce is to carry out transaction when there is low congestion in the blockchain.
 
I don't think there is any way you can decrease transaction fee in trust wallet that is why you are advised to store most of the cryptocurrency with high transaction fee in on binance or kucoin, with this you can easily swap it to other cryptocurrency.
 
Try to perform your transactions early in the morning, the fees are less in the morning. There was a time I paid almost the same amount as the coin I was transferring. I later got to know the trick later.
 
I am not using Trust wallet but I think the only way to reduce you transaction fees not just n trust but all crypto wallets is by transaction high amount.
 
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