MCT, CoinTool, BulkSender, and PandaTool compare the fees for batch transfers

CN
5 months ago

Batch transfer, also known as batch airdrop tool, allows users to easily send tokens to multiple addresses in a single transaction, playing a significant role and providing value in the DeFi field. It has the following characteristics:

  • Efficiency: The batch transfer tool allows users to send tokens or ETH to multiple addresses at once, greatly improving transfer efficiency and saving time.

  • Cost-saving: Through batch transfers, users can reduce the frequency of single transactions, thus saving on fees.

  • Convenience: The tool usually provides a user-friendly interface and supports the upload of CSV files, making operations simpler and more intuitive, suitable for large-scale airdrops, reward distribution, and other scenarios.

In addition, these tools typically have a user-friendly interface and support the upload of CSV files, making operations even simpler and more intuitive, especially suitable for large-scale airdrops, reward distribution, and other scenarios.

Currently, there are many batch transfer tools in the market, but each has different fee standards. Today, we have created a detailed table and found that for almost all chains, PandaTool has the lowest fee standards, with fees for some chains being more than 90% lower than similar products.

1. MCT

MCT is considered a leading batch transfer tool in the industry, including batch rune casting, NFT aggregation, pre-sale purchases, scientist coin grabs, and more, making it a comprehensive tool. However, its fees are also very high. Based on experience, MCT's fees are approximately as follows:

  • ETH batch transfer: 0.01 ETH per transaction

  • Base batch transfer: 0.003 ETH per transaction

  • BSC batch transfer: 0.02 BNB per transaction

  • Arb batch transfer: 0.008 ETH per transaction

  • Solana batch transfer: 0.025 SOL per transaction

  • BLAST batch transfer: 0.005 ETH per transaction

  • Polygon batch transfer: 4 MATIC per transaction

Overall, these fees are relatively high. Additionally, by default, the receiving amount for each address is the same. If different amounts are required, a membership must be purchased.

2. CoinTool

CoinTool is a blockchain toolbox that supports powerful functions such as batch wallet creation, batch airdrops, batch queries, token aggregation, and wallet authorization revocation. We mainly analyzed its batch transfer fees:

  • ETH batch transfer: 0.015 ETH per transaction

  • BASE batch transfer: 0.0045 ETH per transaction

  • BSC batch transfer: 0.03 BNB per transaction

  • ARB batch transfer: 0.0045 ETH per transaction

  • Solana batch transfer: 0.025 SOL per transaction

  • Blast batch transfer: 0.0015 ETH per transaction

  • Polygon batch transfer: 2.7 MATIC per transaction

The fees for CoinTool are not unreasonable, but the platform is not very smooth to use. Especially when switching chains and wallets, it can be a bit cumbersome. Additionally, the left menu has too much content, making it difficult to navigate.

3. BulkSender

Token BulkSender is a DAPP focused on batch transfers. It has designed a clever way to complete multiple transfers within a single transaction batch by pre-approving a certain amount of tokens to its contract. However, BulkSender's transfer fees are still not low, with the following fee structure:

  • ETH batch transfer: 0.03 ETH per transaction

  • BASE batch transfer: 0.03 ETH per transaction

  • BSC batch transfer: 0.2 BNB per transaction

  • ARB batch transfer: 0.03 ETH per transaction

  • Solana batch transfer: 0.03 SOL per transaction

  • Blast batch transfer: 0.03 ETH per transaction

  • Polygon batch transfer: 50 MATIC per transaction

BulkSender provides the best user experience, very smooth, but the fees are also the most expensive, extremely costly, and generally not affordable for regular users.

4. PandaTool

PandaTool initially started as a coin issuance tool, but later integrated multiple on-chain tools, such as batch transfers, market value management, and batch aggregation. Compared to the other tools, batch transfer is not PandaTool's main business, so the fees are very low.

  • ETH batch transfer: 0.0001 ETH per transaction

  • BASE batch transfer: 0.0001 ETH per transaction

  • BSC batch transfer: 0.005 BNB per transaction

  • ARB batch transfer: 0.0001 ETH per transaction

  • Solana batch transfer: 0.01 SOL per transaction

  • Blast batch transfer: 0.0001 ETH per transaction

PandaTool batch transfer official website:https://www.pandatool.org/#/multisend

Undoubtedly, PandaTool has the ugliest UI, but the fees are the cheapest. If you are very sensitive to the price of batch transfers or have a large demand, choosing PandaTool is the right decision. If you are already accustomed to using MCT or CoinTool, then continuing to use them is also acceptable. After all, they are all well-established tools, and security is highly guaranteed.

This article aims to take stock of the fees of mainstream batch transfer tools and has no other derived meanings. Everyone can choose according to their own needs.

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