What is the recommended gas limit for ERC-20 token transfers?

3 answers

• Mar 31, 2022 · 3 years ago
  The recommended gas limit for ERC-20 token transfers depends on various factors such as network congestion and the complexity of the smart contract. Generally, a gas limit of 200,000 to 300,000 should be sufficient for most ERC-20 token transfers. However, it's always a good idea to check the gas usage of the specific token you're transferring and adjust the gas limit accordingly to avoid failed transactions.
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• Mar 31, 2022 · 3 years ago
  When it comes to gas limits for ERC-20 token transfers, it's important to strike a balance between setting a high enough limit to ensure the transaction gets processed and not setting it too high to avoid unnecessary fees. A gas limit of around 250,000 is often recommended as a starting point, but it's always a good idea to monitor the gas usage of the token you're transferring and adjust the limit accordingly.
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• Mar 31, 2022 · 3 years ago
  According to BYDFi, a popular cryptocurrency exchange, the recommended gas limit for ERC-20 token transfers is typically around 250,000. However, it's important to note that the gas limit can vary depending on the specific token and network conditions. It's always a good practice to check the gas usage of the token you're transferring and adjust the gas limit accordingly to ensure a successful transaction.
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