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Is anyone else leaving smaller token balances on centralized exchanges just because the gas fee adds up moving out to ledger, then back to exchange to sell later?

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by COINS NEWS 82 Views

Say it's a $200 balance. If I move it $10 each way, it's already down to $180 worth of coin. The coin in question is from Coinbase, so there's no waiting to get in cheaper on a later block.
I've moved my stuff around so much that there's little left to move and residual crypto dust everywhere. Getting stuff out of other exchanges is a flat rate of $60, so it's really not worth moving $70 to Ledger unless going for tax loss harvesting.
When is ETH going to get cheaper to use? I thought the merge was going to fix that somewhat before sharding. Is it just the high traffic from everyone fleeing exchanges?

submitted by /u/merRedditor
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