Hi, am back again with the issue of gas fees.
I have written a content on how to escape high gas fees using Binance (BEP2 - FTX) free exchange and no gas fees discovered-technic.
and now there is another way-out using Gemini & Loopring ..
my explanation are based on Cel token exchange, because I use Celsius app as my extra money generating wallet, you can Join Celsius Network using my referral code 15248525eb when signing up and earn $20 in BTC with your first transfer of $200 or more!
How it's done.
* Send ETH from Gemini to my MetaMask wallet (free, tnx twins)
* Connected MetaMask to Loopring
* Deposited ETH to L2. Under $4 at 44 Gwei gas
* Swapped ETH to CEL. 0.25% fee, a hair
cheaper than Uniswap. This L2 swap had NO gas fee
* Sent a test amount of CEL to Celsius wallet. (Withdraw L2->L1, not transfer!). FREE.
* At Loopring got a tiny bag of LTC by swapping ETH
* Provided a very small amount of Liquidity to ETH-CEL to keep it cheap for Celsians
In short, bought CEL for less than $4 in fees. That's it.