Bitcoin Forum

All eyes are on the BNB due to the increase in Ethereum's gas fee. Thinking about the beginning, it can be understood that the BNB's gas free is increasing day by day. Although I don't know the exact reason behind it, the curiosity is there.

Simply the holders, you can see the average gas fee is less than the previous month but the maximum gas fee keep increasing for the last 6 months in BNB so people are pushing but still the value is too low compared to Ethereum. But surely with the adoption of Binance smart chain the gas fee also will increase.

I don't know if it's related to gas fees of Ethereum but the fees on BSC network has certainly increased. I'm paying over a dollar for some actions or exchanges now. Still cheaper than Ethereum but a put off when you are trying to make a couple of dollars profit here and there. Polygon is still cheap. No idea if it too has rose recently as my wallet doesn't display decimals less than a cent. That means the fees are still below a cent.

I'm thinking so. Do you think people will leave BSC also for increasing it's gas fee? I'm not saying it will happen but BNB is popular and gas fee on BSC is a important factor behind this.
We're still far from polygon because most of the people are using Ethereum and BSC now. But we can expect good things in near future.

sir, I have no more knowledge about it but I think its fees are increasing because of its price. you can see the BNB is going stable that's why I think its gas fees are increasing.

when the price of ETH goes up, the transaction fees also go up
when the price of BNB goes up, the transaction costs also go up
and that applies to all types of blockchain network.
matic is a good solution among other blockchain network including ERC-20 and BEP-20.

based on today's blockchain data

ETH
Low
196 gwei
Base: 195 | Priority: 1
$14.69 | ~ 10 mins: 0 secs
Average
197 gwei
Base: 195 | Priority: 2
$14.83 | ~ 3 mins: 0 secs
High
197 gwei
Base: 195 | Priority: 2
$14.83 | ~ 3 mins: 0 secs

BEP-20
Standard
5 Gwei
(30-60 secs)
Fast
5 Gwei
(10-30 secs)
Rapid
6.6 Gwei
(5-10 secs)


MATIC
Standard
34 Gwei
(30-60 secs)
Fast
50 Gwei
(10-30 secs)
Rapid
206 Gwei
(5-10 secs)

I don't really understand, Are you talking about BEP-2 or BEP-20? If BEP-20 it's only the bnb price that rising but the gas fee was still same even lower i suppose. BEP-20 use PoS Consensus so the fee more likely will stay flat and comparing to last year (December 2020) The gas fee is still flat.

When i make transaction on December 2020 it's require 10 Wei with total 0.00021 BNB https://bscscan.com/tx/0xe8fcbb55e2a5851819367b36433ca80f89fed630dcce4f2619056f5010bb3b96
but today it's only need 5 Wei 0.000105 BNB https://bscscan.com/tx/0xa2e852f0eca822aa24fde77b96a782024c8c52dfff1cff45110c0be88483e493

And i suppose it's much lower and flexible the only reason the gas was rising it's coming from BNB Price rising.

The number of users increases, thus the number of transactions is constantly growing. So, the blockchain becomes overloaded and the fees have to grow in this situation.

What I can say on this is, one of the major reasons Ethereum gas fee increased was as a result of the huge number of projects on it, that is, all these projects contributed to the value ETH have today. Now having this at the back of our minds and drawing it to the Binance Smart Chain, it can be seen that the easy launching of projects lead to the increasing number of these projects on their network, and this is gradually leading to the increasing gas fee which is being seen now, most times it even gets congested.
That is to say as the Binance Smart Chain grows with more projects on it, the gas fee will be increasing. Another point is, these said gas fees depends on the price of BNB, that is, what the gas fee will be when BNB price is $300 is not what it will be when the price is $500 or $1000. It is happening to BSC now, and will also happen to others like Polygon, unless the blockchain is not growing.

I totally agree, it is time for many small and medium investors to pay attention to cross-chain projects like matic, near or solana. Thanks to their blockchains, investing in tokens within the ecosystem is much more profitable than on the same BSC and even more so ETH

Are you serious? isn't bsc not so bad at everything about the blockchain ecosystem? for me, most of my (assets) created using erc-20 network can be bridged on bsc & matic network. on the one hand I also have invested in for a long time,  bnb & matic because really helped me to trade at a low cost. I started leaving the token (erc-20) and moving it to the bsc & matic network. but not with eth, I still hold eth for the long term.

I see the BSC gas transaction fee depends on the wallet we use. But in general BSC standard gas is 5 Gwei to 7 Gwei. Maybe you can see by gastracker https://bscscan.com/gastracker Usually using Metamask is lower cost than Binance Chain.

Depend with coin do you buy or sell, if you try with shit coin you need pay more gas about 1$ until 3$ but if stable and higher coin you only take few cent to swap on pancake or sending to other wallet, I have faced this problem because when I buy shit coin need to pay higher BNB fees and take slippage about 10% and more until 20%, better if you try buy with shit BSC coin have to know the risk.

it is a natural thing, because more people are using BSC network, then the gas fees from BSC will definitely increase, so that the network can be stable, then one of the factors that makes gas fees from BSC increase, that is because the price of Binance has increased, so for example if gas fees from BSC 0.0005 BNB and the price of Binance $300, then the gas fees are only $0.15, but when the price of Binance increases to $600, then the gas fees will be $0.3, so what actually increases is not gas fees from BSC, but the price of Binance.

I'm not using BNB and any BSC projects but it seems that for every project that whenever they're increasing in demand, the fee does also increase. Just as Ethereum that's crazily increasing its fee lately, there's no way to avoid that but to wait until the fee has already decreased.
So, for every project that offers little fee, if there seems to be a full wave of transactions and demand has increased, see to it that the fees will also rise due to it. Now if that happens to BNB, they'll do something about that just as what Ethereum devs did but still, the fee remains the same high.

Because BSC network the gas fee is very less as compared to Ethereum network. Thats why BSC network user friendly and every one can use easily.
Fee is going high day by day because of usage and polarity. 

There will always be another network that will offer cheaper fees just like what mentioned above.
But I do believe, that BSC fees will gradually increase their fees in the coming years.
That's part of their business but maybe, they will make it at least relatively cheaper than competitors like ETH.
But expect such situation will happen also to this network. That's part of the game in this industry.

Currently I am still using the BSC platform to exchange even though the BNB price is rising high but the fees given are still very cheap compared to fees on ethereum but if we observe that the gas on the BSC is increasing, maybe it is caused by the large amount of transaction traffic that occurs or indeed because the price of BNB is increasing I don't know for sure.

Compared with Ethereum and bitcoin , Binance smart chain gas fees very much low. But recently Binance smart chain gas fees also increasing and today pancakeswap approved gas fees 12 cent and swapping fees 70 cent which more than before.

I'm assuming you don't mean BNB gas fee, but BSC gas price. If so, then BCS transaction fees are increasing just because the BNB price is constantly going upward on the market charts.

The London hardfork implemented on the Ethereum blockchain in early August 2021, has already shattered people's illusions about cheap ETH transfers. A month ago, the vast majority of ETH holders thought the Ethereum gas price would be low, but the current reality has shown a different picture. Therefore, traders and investors turned their attention to Binance Smart Chain as the main competitor to Ethereum. As a result, BNB was pumped a lot even when compared to other altcoins.

Yesterday I sent a couple of BSC transactions with a gas price of 5 Gwei and they were accepted almost instantly. That is, the BSC gas price did not increase if measured in BNB, not in USD.

It's still cheap compared to what Ethereum is offering, people are now using Binance Smart Chain more, Binance offers a bridge to some coins so you can transact them on Binance, Binance is taking this opportunity because traders are looking for cheap fees and fast transaction, just this day I transacted with Binance and Ethereum and was charged 20 cents on Binance and $3 on Ethereum, can you see the difference.

https://bscscan.com/chart/gasprice
If you look at the gas chart on the BSC network at the link above you will say that the current fee is lower than before, if you do a token swap transaction there will be 136 transactions when you see the confirmation on that network, you only need a fee of no more than 0.001 BNB , some Dex exchanges on the BSC network have high gas fees but they are not as expensive as when you trade on ethereum networks like uniswap

In my opinion it's because of both user is increasing and the price of BNB is also going up, but it's still very cheap compared to ETH. However, maybe BSC fees can grow in the future and it become more expensive compared to other platform like Matic and that could become a problem because people use BSC to avoid ETH expensive fees but if the fee is cheaper in other platform, BSC can have other competition.

For me, this is still very reasonable and still cheap, this is inseparable like the law of supply & demand, meaning that more and more transactions on the Binance Smart Chain automatically increase the demand for BNB because paying gas fees at BSC must use BNB and if the transaction decreases, the demand for BNB decreases. and gas costs also go down.

every increase in BNB will have an effect on the cost of gas fees, which are certain to go up, many factors affect the gas fee rise because the market has proven positive and the effect is also large on the increase caused by the market which makes gas prices rise slowly not worth the cost, very cheap maybe one-day binance will be more expensive it will also show how expensive binance coins will be in the future.

The cost of BNB gas is likely to continue to increase over time, because many people have started to switch to using BNB, but the cost of BNB gas is still cheaper than the current cost of ETH gas, my prediction is that BNB gas costs will continue to rise due to the large number of transactions using the BNB network so far

BSC is just so popular these days, especially with the growth of new projects that is using the BSC network and some older projects integrating BSC network in their systems. Although, the fees of BSC is still pretty insignificant if you compare it to Ethereum. There's just an influx of new users. I think it will eventually lower down as time goes by. Maybe the devs will try to find a way for it.

That's very obvious thing when crypto is switching from bearish mode to bullish mode. The more transaction means more load on the network and thus the demand creates more gas fees. I am not sure if this needs any other logic to discuss as to why this is rising time to time. The network fees will always be adjusted whether it is ETH or BNB we have seen how the fee structure has changed over the time when the demand was higher and when the demand was lower. The whole point is based on current environment. Demand-No demand.


Currency conversion does not mean fees is less or more. Anyways we can only read out the fees in USD because that's what matter at the end.  :D

Transaction fees are increasing when the activity is growing. The more people want to trade, the more you have to pay, so that your transaction is included in the block as soon as possible.  Fortunately, BSC works on Proof-Of-Stake, so fees are still smaller than 1$ and even when daily trading volume on BSC is much higher than on Ethereum, Binance Smart Chain is still cheaper.

Yeah. Especially when it comes to adding those coins to the LP or staking, the fees really cut through the balance.

Yes, difference is clear here and I'm not saying that BSC is doing really well than Ethereum if we talk about gas fee. I'm considering about increasing of gas fee on BSC.

I assume that the reasons for the increase in gas fees of all coins in the market are like this:

- As BNB price increases, it becomes inevitable to see that fees are also increasing.
- High demand is also another factor for an increase in gas prices.

As long as coin developers don't solve this problem, it will always be like that.

It's just a development that is to be expected i guess. First Ethereum gas fees were extremely high then the binance smart chain was introduced and quickly became more and more popular because there the transactions were almost instant and the transaction fee were only a few cents compared to 20 dollars on the ethereum network. Because of that a lot project switched from Ethereum to BSC and new projects decided to choose BSC instead of ETH as their blockchain ecosystem. Now that more and more projects are on the BSC it becomes obvious that the binance smart chain is also not Infinitely scalable and you can already see the effects of the increasing numbers of transactions on the BSC.

It was increasing with the Ethereum gas fee past months but now it has also gone down. It used to took 1$ fee on swapping on Pancakeswap and now it takes approximately 0.5$ per swap on Pancakeswap. So we can see more low fee of both networks in near future.

I have mostly avoided Ethereum network for it's tremendous fees for transactions, swap using any DEX, or staking, claiming. I have migrated to BSC but it's now a matter of concern that gas fees in BSC is increasing rapidly. It needs 0.002 to 0.01 BNB per transaction, claim, swap which is 3x higher than last few months ago.

The price per transaction has clearly increased significantly. The number of people who use the BSC network has increased significantly. Yes, and the price of BNB has grown, so in the end, we get an increase in value. But still, it doesn't compare to ETH. Maybe soon everyone will switch to some other network. Who knows.

My point is here that the fees on BSC is increasing if we think about last fee months. Though it is much cheaper than ETH but we have to think about BSC also
A lot of people are talking about polygon network. I don't know still now that what will be happened. But BSC is fast and it has big community. Just need to reduce the gas fees.

This is very true. I have been noticing that also and the truth Binance smart chain network is getting more expensive by the day, this is a similar scenerio with Ethereum in those early days when it started gaining growth and popularity in smart contract development. I dont have a concrete fact on whether the value held in binance smart is more than what is in Ethereum Blockchain but i fear that BNB chain will catch up with Ethereum network in terms of network congestion.

It is not as simple as that unfortunately, any eth base token will remain so except the project support multichain where you can use different network,  people now prefer to transact through bnb which compare to eth is is still relatively, but some people are not familiar with this feature.

It's not far from the basic economics of demand getting higher and that calls for price adjustment of goods and services. That's my understanding of what is happening. This same scenario cuts across all sectors of human endeavour. Seeing that many projects have abandoned the ETH ERC for BSC, it kind of pushes demand over to BSC and less traffic on ETH. That also explains why gas fee for ETH is dropping too. What ETH loses, BSC gains.

This could be a good reason and still cheap compare to ETH who’s gone crazy fees again in the past days. Well, how much is the most expensive fees on BNB? May a $100 or less still low compare to the ath fees of ETH. Once the traffic has gone, the fees will be back to normal for sure so don’t panic because BNB still good.

it is expected and it will continue if Binance price continues to raise. i doubt if they can resole this issue of gas fees. i want to assume that all smart contract platforms will continue to experince issues like this. gas fess increasing in parallel to the token price. ethereum is yet to resolve this issue and binance might follow suit and so with all other smart contract platforms. gas fees remiains the only obstacle for smart contract cryptoprojects.

You are already aware that recently lots of people have picked eyes on BSC due to the surge fees on ETH networks, not gonna complaint if the fees on BSC increasing a little bit which isn't really an issue for the community I guess. Since both the demand on BSC network and the value of BNB increasing so it's not surprising transactions queue would be loaded as well.

Yes, seeing how increasing the ERC20 gas fee is, it may be due to the increasing transaction because the bullish market is probably heading.
And about the increasing gas on BNB or BSC network, it seems very normal. If the network is being busier and busier, many more people using that network, the transactions will be many more. It will influence the process of transferring.
That is why there will be some increasing gas fees. Fortunately, the gas of the BSC network is still low, not as high as ERC20

The fees of ETH is around $50 to make a transaction if you are purchasing any NFT and it is really frustrating if the bid does not go through you end up missing the gas fees and you cannot even compare that to any other coin in the market. Today i made a few trades in Pancakeswap and i did not really notice the high fees the OP is talking about, if i remember correctly i spent around $0.5 per transaction.

According to the information about gas fee you enclosed above, it is clear BEP-20 which has the cheaper price. Why do you think Matic is the best solution? Although there is an increase of gas fees, I think BNB is still better than Matic or Ethreum. We shouldn't be panic and too easy saying that BNB gas fees are expensive. I think it is still normal, the gas fee becomes higher probably is caused by the increase in transactions. Just wait the number of transactions is decreasing, if you want the gas fee cheaper.

That probably was the demand for both the miners and exchanges. Like many others, as long as the demand is getting high, they also have to increase the fees. But I'm going to be afraid if this could be like ETH?

But anyway, as long as it was still accepted by the majority, that gonna be fine and this sure it comes. But if the moment that it wasn't fair enough, that gonna be the time to take action and stop using BNB. If the team will let this thing happen to them, they are simply giving away to choose another platform.

sooner or later, they will increase their fees as the demand gets higher and higher. just like eth, if you want to move your tokens at a faster rate, you will pay higher gas fees. can binance team find a way not to increase their fees while accepting a lot of transactions in their network? if they can, that would be great. but expect that fees will change in the coming years. i don't think every network can maintain their original fees while maintaining their business operations.

Yes, that's one reason.

More transactions and it is not new when the transactions for Ethereum have been on the high price, there's always the effect of it and that is to have high fee.

BNB gas fees are currently among the cheapest so they are friendly in trading for short-term profits on the exchange dex, it is very reasonable if at certain moments the BNB gas fee increases slightly due to increased transactions. The number of altcoins in the BSC network has increased dramatically because traders are not worried about trading all the time regardless of transaction gas fees.

BSC gas is still very cheap compared to ETH for token in my opinion. I personally think it's because the investors in BSC are increasing and starting to prefer this platform compared to ETH. But, because the fee in BSC is also increasing compared to the fee that usually needed, in my opinion many people started to think if BSC gonna follow ETH in term of fee and become as expensive which I don't think will be happening to BSC because the fee can go down again anytime.

The price might increase but they can't beat Ethereum's network with it and I think BSC has a chance to minimize the fees because they are better than Ethereum at all. Unlike the kardia chain where gas fees are almost zero I think it's time for them to change their perspective about their network because if they keep charging fees like that high, about 2-3 years from now, no one will use their network anymore since nowadays everyone can migrate to the lowest fee network if they really want to.

Really? On what exchanges? I have been very active with BSC in the past couple of weeks but I have never spent that much in any exchange/platforms. The most expensive was probably around $0.20

Standard gas price has remained at 5 gwei while gas limit is 250K for most platforms I used (still less than $1 even if gas limit is at 500K).

Nothing is permanent in the world of cryptocurrency. Even Bitcoin is not guaranteed of its no.1 spot. And with Ethereum, the no.2 place is even more shaky when compared to BTC. ETH hasn't faced any great competition for the last 2-3 years. Only now its competitors such as ADA and BNB are gaining global acceptance. There are two main issues with ETH now. The first one is very high transaction fee (although it has come down a bit in the recent weeks). The second one is low security offered by the ERC-20 chain. Both these issues are not being addressed by the developers in a time bound fashion.

Maybe you can see this
https://bscscan.com/tx/0xd346503597adbac7fd3ce51f715f13b5b2568ec91b13bb3b162018298e2ec1d2

sometimes there are tokens that are intentionally made with high gas fee.

Take a look at how many routes that transaction went through. It's only natural that whoever made that trade had to pay for such high fee.

So that means it's not on the BSC network why transactions made are so high. Apart from the devs setting up a high minimum gas limit, it's also on how the users choose the best route for swapping/trading.

The reason for the increase in BNB gas is because more people are using it and it causes congestion but it's not a big problem because gas is still under $1, in contrast to ethereum which can reach $50 when the network is congested

Currently, BNB gas fees are quite high and seem to be affected by the increase of ETH or also by ETH gas fees that BNB is affected. Now that the price of BNB has increased, it is certain that an increase in BNB gas is inevitable.

It may because of the increasing supply of transaction not only bnb but also Other platforms are also seen increase in their transaction price it is definitely a big concern of increasing in the price of BNB as mostly network these day launch their project on Binance smart chain and if someone wanted to buy he need to pay a decent way but as compared to ETH network i think it is quite low as well IF ETH 2.0 is lauched i think all concern will be solved but still don't have any idea when it will launched hope it will launch soon

I think the Binance Smart Chain (BSC) gas fee, is not that high to cause any concern or trouble, because I use it now it remains 5 Gwei and cost me $0.04 cents of BNB which is still manageable compare to Ethereum.

But it was slightly changed when you are using the Dex Like PancakeSwap and Etc. because you are burning gas in two transactions during the smart-contract execution which cost you $1.88 of BNB in both transactions, Which is still cheaper compared to Eth. I believe also that BNB prices contribute some slight increase of the BSC transaction fees especially when we are using DeX.

Yeah, I don't know where OP had that issue since most of us who use the BNB or BSC platform could justify that the fee still remains low. $1 or even if it reaches $2, it is still quite low for me either. While ETH gas fee remains high, more than twice of BNB, this is not the thing we have to worried about unless if it continued to increase.

---

OP, please calm down. It wasn't that high enough to get emotional as sometimes fees increase will happen anytime. Like BTC transactions, it usually makes some surge like it reaches $10 and more in the previous weeks but for now, it drops again. Actually, it was just ETH had never drop till now.

Yeah. Once BNB reaches over 1K, some other entity is gonna take its place.

It's rare to hear people complaining about BNB gas fees. Binance Smart Chain was designed to release users who are dealing with high transaction fees and charge a fee as small as a peanut. Due to some reasons, I'm admiring your initiative to warn users about BNB gas charges. Currently, things are normal. But what if BNB did something crazy and BSC ended up at the same place as ETH?

It was only a matter of time and when the Binance smart chain will be loaded in the same way as the Ethereum network, we will see the same transaction delays that can only be solved by increasing the gas fee. In addition, the cost of transactions in BSC was affected by an increase in the cost of BNB by more than 10 times.

BNB gas costs are increasing, but still low compared to ethereum. I think this is comparable to the increase in BNB prices in the market. usually if the token price increases the gas price also increases and that happens to bitcoin, eth or BNB

I am playing some BNB play2earn games like DPET, Cryptoblades, PVU, ZOON.. I also noticed that BNB's gas price is also bullish. I am afraid that BNB's normal gas fee of 0.001 might become 5 to 10usd each.

I think BNB needs to do some enhancement to its blockchain just like what ETH did.

In my opinion, the Binance gas fee is not very high, although it is currently increasing slightly, but the value is still too low compared to the etherem gas fee, I don't think there is anything to worry about Binance transaction fees at this because it is still very affordable.

Of course, there will be complaints when users are already familiar and used to something cheap, even if it increases a little bit, it is still noticeable. I think this time, BNB must be the same ETH a few years ago when ETH's gas fees were still cheap before become unbearable as today. Though right now, BNB's gas fees are still quite cheap compared to ETH, it is quite worrisome if this trend continue.

When coins price increases gas fee will increase it is a simple matter for that reason gas fee increase but it is not fair for everywhere every moment.

At some point it was under 60 cents, I mean that was of course few months ago and nothing new but that was the case a few months ago. Nowadays it is a bit over 1 dollars, which is nearly a double increase. However that is is absolutely nothing compared to what is going on over at ETH constantly, it goes up and down like crazy and I have seen $40 approval many times as well, it is seriously not making any sense at all because of this reason.

I mean if there was a better option than I am sure people would move there, but just one dollars plus having one of the biggest ever ecosystems gives BSC the fair play better advantage for sure, it is just too obvious. So at the end of the day if we are not going to see any problems with the current situation, then we should keep grinding over at BSC, if one day ETH manages to drop it down then we could discuss.

If you compare it to the cost of ethereum gas, of course it's still far away,
so far for myself this thing like this has not bothered me,
What I'm worried about is that when Binance's gas costs are increasing day by day, of course this is something we don't want

I remember saying a thing like this before on this forum, people running to binance smart chain just because the gas fee there is very low, I said it before that gas fees on binance will definitely go up as soon the chain begin to see alot of activity and movement of funds, it's already happening little by little, my prayer now is that it doesn't get as worst as it is with Ethereum blockchain, having to pay all this high fees for transactions in crypto isn't what crypto stands for, I wonder where we got it wrong, crypto transactions and payment were supposed to cheap and affordable to all, but today, things are totally different.

Far from how costly ETH was, though with usages BSC is now moving the same path we are seeing this increase for now not that much and hoping that before it went to that far BSC will able to find the best solution for it.

Still cheap if you are using this chain as an alternative and if you are more focused on projects that being created under this chain.

considerable and still good for traders to use this chain if they are moving their assets regularly.

The fees in ETH cannot be compared to any other coin, if you look at Bitcoin the fees are really low and for ETH if you are purchasing anything at an auction then the fees goes through the roof and there are people still trying to purchase them despite the fees and on the other hand BSC network is far far better for now and in the future we might see the bottle neck hurting them but i hope they will handle them as they are a fully centralized structure with only a few nodes.

Not just that,,, once BNB goes over 1K and let us say it grows the userbase and defi pools all start spamming with NFTs and multiple stakings, then you will start seeing things slowing down and people overpaying fees.

Then the 50 cents you pay now becomes $5. And then if price triples you start paying $15. It becomes ETH all over again except ETH already by then goes to 2.0 :)

As long as more people start using BNB and the network starts slowing down, we will observe much higher fees in the future. And it is totally normal unless the developers of a coin don't do anything to prevent this slowness and high-fee problem. At least Ethereum developers promise to do something about it but I haven't heard anything from the BNB side yet.

but what has been promised by ethereum has not been fully implemented, the problem of high costs still sticking out at certain times or it can be said when traffic is high, this also has its own problems. many competitors will continue to appear if ethereum can't improve itself and indeed many have done on new projects where one of them is clearly BNB, and so far there have been no very crucial problems that have occurred in BNB as you said, especially regarding delays and I use still at a reasonable level.

- Binance definitely won't go into ethereum's unmanageable reign because they know ethereum's popularity is also waning due to fees, binance has contributed quite a lot as well as enhancing their design with the community, adjusting the cost to dissolve the skepticism and get accepted by the community, producing results is very difficult and they will definitely reserve everything. The cost of BNB increases only because the transaction size and volume is surging, just a few unusual manifestations, BNB's policy will remove such problems as to keep everyone's satisfaction intact

If the price is within our control then we have no problem. It is true that the demand of BNB is much higher and the volume of transactions is increasing a lot. If that were the case, the gas fee would have remained the same as the demand increased. Then we would not have to look for any other alternative.

Increasing gas for BNB fees depend how much BNB value and depend with coin you make swap or sending, with shit coin you need to pay more than $1 for swap and must use bigger slippage above 15% and 20%, but if great coin like BNB, AXIE and other bigger BSC coin network maybe few cent you pay fees about 0.1$ until 0.4$. I ever swap with shit coin pay more bigger than great coin but if profit I don't care about it.

That's also what I wish for this chain, not to follow ETH and have their fees be controlled before sudden increase that no longer considerable knowing that there are many developers now that use this chain.

A great alternative for small traders and investors, like what I've said, the fee for transacting using BSC still far from the fee using ERC.

Being crealistic, you mostly choose cheaper transaction whenever you deal with your trades.. :)

Actually, there is no need for other alternatives, but because BNB is sufficient for all things, other alternatives seem to be neglected, even though every alternative that has been developed and implemented well, all of them clearly have benefits and will not feel redundant.

Shall we not accept something new? When Ethereum was right, did we think of any other alternative? But now we have converted to BNB. If we get better options in the future, people will lean towards it. However, if the gas fee is low in any one blockchain network, the number of users will increase a lot. Everyone will benefit from that.

It always needed mate, Things will change to become much better even though BNB it's good for now and have flat fee it's going to increase since the gas price was affected by the price, Yeah BEP-20 it's the most good Alternative chain and it's enough for now but we need more scalable and better chain in the future and there will be always new alternative out there. If we get better other chain in the future then why not?

True however it is still lower compare to Ethereum gas fee cost of $8 per transaction while in BSC it is $1.5 or $2. Although gas fee is increasing the people still choose to use BSC than ETH because of cheap transaction over $8 per transaction of ERC 20. I hope BSC will not increase the gas price every time. Because it would be difficult for small time to do transactions.

Revolution in crypto will always be innovative for new alternative chain for crypto community, we didn't know about BEP-20 chain at first then after release got positive response that many ERC-20 users switched to BEP-20 due to major problem in gas fee transaction, what if there will be a new network chain in the future with more complex features and user-friendly functionality, we can leave the old chain because the feature is obsolete.

I also agree with what you said.  behind the increase in BSC gas costs which are getting higher day by day, it is due to the large number of users making transactions with BSC so that the transaction network becomes blocked which results in an unavoidable increase in gas costs, this is the same as ETH in the past.  Hopefully in the future with the development of technology, problems like this will not happen again.

Right now many trader and investor move to pancake exchange because support with BSC network as fees transaction lower than ERC20 network,  I think not higher impact although gas of BNB coin increasing because still very expensive fee pay by trader and investor if using coin support by ERC20 network. Better keep using bsc as network coin and have lower fees transaction right now than if you use ERC20 coin where take more than 30$ when selling or buying coin on uniswap.

The current increase in ethereum gas, actually makes more people use their services, I am also very surprised at this condition, there is no strong reason for us and them to continue to use these services, even today there is no such thing as free gas, there is only an increase in the cost of the gas, even though almost everyone is heading and paying attention to BNB at this time, it is quite strange indeed, if we try to put this into our logic and try to understand it as a whole.

As the demand increases, what they can do is slowly increase the gas fee. It may not be high but for those who are willing to pay higher fees for their transactions, they can do so. Just like in eth network. In time, we will see how BNB network will address their congestion. As many projects are diverting their interest to BSC network, very soon, we will find out that this network is also experiencing congestion.

It is very sad. Currently, many traders have opted for Bep20 due to low fees. Lately I have seen that the fee has increased a lot. Above about 1$. Which used to be 8-15 cents. There are many small traders who are facing losses in this. Maximum low capital trader does not swap on Erc20. If Bep20 increases in the future, maybe they will move away from Bep20.

Is the current increase in transaction costs in bnb caused by the increasing price of bNb? Or is it just because the number of Binance users continues to increase, so the number of transactions continues to grow and causes high gas fees?

Both. When more people congest the blockchain with swaps and trades, the cost per transaction increases too.

Just like ETH.

Ofcourse it will increased since the transaction getting rush on their network, but we have many option beside the BSC network. I am a trader, while i count and still worth it, ill do it in any network beside me.

Even if it increases, I find it insignificant to make a profit on each bsc20 trade. And if you look at the cost of successful transactions on erc20, I have no reason to complain. I think it's just a very small problem, and not much to worry about because in reality there are so many options in this field, it's not a good approach to judge by cost alone. with this market, and of course DYOR.

At least BNB gas fee is still far lower than ETH gas fee. The rising price of gas fee in BNB is because the BNB coin price is rising.
The BNB gas fee is not too high, which is only around 5-10 GWEI per transaction, see here : https://bscscan.com/gastracker
Small traders should not using DEX because the swap fee is higher than the trading fee in CEX.

I'm not telling that fees of BNB isn't lower than the fees of ETH. But isn't it possible to almost fixed the gas fees? Transactions will be increasing day by day but we need to smart solution to reduce or stable the gas fees.

We have seen a huge increase of projects being built on BSC network, its not hard to predict how things will turn out in the next few years if Binance wont get bust from all the regulatory problems they have lately. And if eventually fees will be as high as on ETH chain, then i am sure there will be another blockchain who will take up this opportunity and filled the gap.

Due to the high gas fees maximum people choices Binance smartchain Network for fund sending/receiving becouse everybody knows that It's transaction fees is very low and fast than Etherium network. Now maximum people use this system and it is the another reason for increasing gas fees.         

I myself have noticed that the transaction fee of BSC network is increasing day by day. However, even if the transaction fee increases, it is still tolerable. Because every transaction on ETH network costs about $10-15. The transaction fee of BSC network is much less than that.

How I wish I can send $10 - $15 for ETH fees, because I've been spending for almost $55 just to proceed my transactions on Metamask. Anyway, the fees increase on BSC Network is still cheap, BNB network still cheap compare to ETH these two are great network with a great project, even if the fees is expensive if you think you are investing on a good project, you can get it back. Fees increases because of the traffic on the network, I guess it happens on every network.

Currently BNB network transaction gas fee is increasing.Few month ago BSC network  transaction fee was too  but now its very increasing. But BSC gas fee too low than ETH gas fee.Many people now Trade on BSC Network.I think BNB gas fee will not increase in future.

Actually, Gas fees are related to the transactions load on the network and if more users using ETH or BSC network then priority will be for those who pay more gas fees and that's why gas fees are increasing but the BSC chain gas fee is very low almost $.0.12 or less per transaction and I think this is good fees to using BSC chain.

The reason behind fee increasing is adoption more and more project are coming on binance smart chain so in that case people are using it so that's why fee is increasing exponentially.

Yes I also noticed the increase in gas fee I think it's happening because the transactions volume on bsc are increasing rapidly so the gas fee will definitely effective although we should not be worried about it because I think the developers of bsc will have effective solutions if anything goes out of control in future.

Binance smart chain is experiencing what ethereum network have experienced leading to insane gas fee we have today!  The fee on bsc however is still very low compare to what is been paid on ethereum. If projects keep using bsc,  the gas will continue to increase.  But we are still not there yet!

Most projects want to use a network where transaction fees are lowest. And that is why most of the projects are now using BSC network. And is this why the transaction fee of BSC network is increasing? However, I am not worried because if the transaction fee of BSC network increases a lot, then of course another network will be created where the fee will be less.

I think it's going to follow suite with eth, as the price of bnb increases, I think the transaction fee will follow suite. Though it's been long I perform a transaction on the bsc network to confirm what you're saying

Most likely, gas charges will be cyclical like Ethereum. I am very glad that at least the commissions are not horse-drawn in comparison with the Ether /

I dont see for it to have significant increase, there might be some changes but it is really just too slight on where people wouldnt really mind that much which is way far more lesser on current ecr20 or eth fees.

If you do saw that BNB fees are way too much for you then you can deal off with other altcoins in the market but as far as i can say that it is one of the cheapest currently in the market so i dont have any complaints
with this.

Also if there would be some changes then it wouldnt really be that much of an issue for most people.

Trading through pancakes is urgently needed as an alternative to the volatility of ERC-20 gas fees, although not all tokens have BSC contracts, they must find another solution to sell ERC-20 on exchanges to save gas fee from transactions.

The weird thing about the binance fee situation is the fact that Binance could arrange it in a way to make it nearly free, as cheap as tron. They are a centralized currency and they control all the validators and they are taking all the fees that you are paying, this is not some GPU stuff that makes everyone who work to earn money, it is a centralized situation that only binance earns and nobody else.

So, what they can do is add like 210 more people or something, or add 189 people to make it 210 total, whatever it is. That way with more and more power, they could make it go down like crazy and it could be nearly cheap level, if we are at this level with 21, then with 210 we are going to be awesome, and with 2100 it will be nearly zero for sure. So the only reason why we are even paying for free is the fact that Binance decided to charge us for it and nothing more.

If the price of BNB increases, the transaction costs also increase. Because transaction fees are basically BNB, so every change in BNB price will also change the transaction fee. But if we convert to dollars.
Likewise with Ethereum. Basically Ethereum transaction fees are the same as before, but because of the current high price of Ethereum, the transaction fees are also high if we convert it in dollars.

number of users is increasing thus making the blockchain network congested and that's the reason why fees will also increase, but I think BSC fees are still very cheap compared to ethereum

This is the same thing that happened with Ethereum. In the early days, Ethereum gas fees used to be cheap. I'm saying it because I used to heavily interact with ethereum at that now but things got back when the network started growing faster than its infrastructure. Binance chain followed a similar path. As a sidechain running on eth, there's only so much the chain can do to scale so everything we're seeing now is as expected.

Instead of patronizing this sidechains like BSC and polygon which would eventually get congested, I'm taking advantage of near protocol right now simply because they have one of the best (if not the best) technology available in the crypto space. Their ecosystem is still young though. That's one thing to keep in mind but it's quickly evolving and becoming robust with so many new projects launching from defi to nft to app chains, etc.

I didn't notice the increase. Still cheap as usual.

Can you post a series of transactions that fees are increasing even slightly?

But in the future, in the event that the Binance SmartChain network will be congested, we can't avoid the possibility of paying an increased fee but not the same gas amount that we are facing in the Ethereum Network. That's for sure.

Also i see that token sending fees is always low on BSC network but swaping fees is always high than transaction fee and it is true that Shitcoin transaction fees are always high becouse i paid more than 1 usd only for one swaping on BSC network.     

When looking at transactions, the biggest spike occurred towards the end of July 2021 and has since dropped, implying that more and more transactions on Binance Smart Chain are automatically increasing BNB demand since paying gas costs at BSC requires BNB, thus demand rises and BNB price rises.

If the transaction volume falls, the BNB demand lowers, and the BNB price declines, as the law of supply and demand dictates. You can see this in action here: https://bscscan.com/chart/tx

Many people were quick to say many things about the Ethereum blockchain and its increasing gas fees all because BSC network offers low gas fees, but they failed to understand that the high gas fee seen in Ethereum is both as a result of the increasing number of projects on its network as well as the price.
Nowadays, ETH high gas fees has given BSC network the ability to grow and as more projects are coming in the BNB gas fee is increasing, but the question is, what will BSC team do to remedy the situation, because ETH team are already working on theirs in the forthcoming Ethereum upgrade.
Also, it is pertinent to add that, more projects are now leveraging the Polygon (Matic) chain as the gas fee is cheaper than that of BSC chain, this I would say means that, more competition between Polygon and BSC network will soon set in; moreover some projects are already moving from BSC to Polygon.

It is certainly a huge huge problem in ETH network, without that being fixed there will always be competition for ETH that will try to replicate whatever ETH is doing, if it is DeFi then there will be other chains that does Defi, if it is NFT gaming then there will be NFT gaming, basically whatever ETH is doing just because it is losing a lot of money for people who spends their money on fee's and the entry point is very expensive, we will keep having the same problem over and over again.

BNB is great just because of that, the other day I paid 62 cents to send money to my binance account, 62 CENTS, I do not remember the last time ETH had anything under 1 dollar, which is the biggest problem. Don't get me wrong I do agree that it is used a lot but it should find a way to be cheap and fast while being used a lot.

That's the main reason why fees increases.

When there's more people using the coin, there will be a demand and fees increases as the network becomes congested.

True to that the it can still be endured with bsc fees unlike eth's.

Fees at the BNB transaction are fine, but the fees have been increased slightly in Binance Smart Chain. Gas fees were lower in the Ethereum blockchain in the early days, but as the number of users increased now Ethereum blockchain is overloaded, so did the gas fees. For higher gas fees in the Ethereum blockchain, new projects are being launched in the Binance Smart Chain. In a very short time, BSC has made a huge splash in the altcoin world. At the same time, the rising price of BNB is also the reason for the high gas fees. The transaction fee in BSC is very low now but it is normal that the fee will gradually increase with the increase in users.

Increasing demand of BSC network and many projects to launch in this network, network fee has increased slightly. However, this additional fee is negligible compared to other networks. So I don't think it's time to worry about fees. Instead I would like to thank CZ for creating BSC.

You need to thank CZ for literally copying everything and creating his own, i would like to see something authentic from him  :P. Have you tried Polygon (Matic) the fees are really low. I am not having complaints about the fees in BSC network compared to Ethereum and how stupid the fees are and yet the price keeps on moving higher which i really cannot understand the logic.

I think it's only natural for Bnb gas costs to continue to increase, this may be due to the density of transactions made through the BSC Platform, I think the reason for the increase in Bnb transaction fees is like that. As for situations like this the blockchain becomes overloaded and transaction fees continue to spike

If compared to Ethereum yes its a better option, but for compared to other networks its still a bit expensive for massive transactions.

The fee is still affordable compared to Ethereum but if BNB keep burning its coin and reducing its total supply I think it can make the price of gas near to Ethereum in the future because the price of BNB will also increase, maybe by then BSC will already found a solution, if not BSC will have the chance having the same fate as ETH because the fee getting too high and people choose to leave it.
But for BNB fee to reach the same price as ETH isn't likely because BNB was created to be cheaper than ETH maybe this increase in fee is only for a moment.

the more users on one network, the more likely the costs will increase because they want to be fast
as well as ETH and BNB many users so that the costs incurred increase indirectly

As the network grows in popularity, various projects emerges and network traffic is occurring. I think this rise in fees are due to many transaction being utilized specially that there are many DeFi in BSC right now that uses smart contacts. These contribute to a higher fees but still super cheap compare to its biggest rival Ethereum network. I could tell that BSC's fees are much alike with Ethereum in its early stage where it was less than a $ then DeFi sector occurs added by increase in Eth price.

The reason for the increased transaction costs is the increased demand for transactions and the price of BNB. Despite the price increase, it is still lower than the cost on Ethereum. Right now, the strong bear market of the past 12 hours has made the transaction costs on Ethereum too high. $500 per smart contract call is too high, it's ridiculous.

Basically the two transactions also experienced an increase in gas from the beginning, but not in accordance with the tariff price, the increase in demand did not reduce the transaction cost of gas, if demand increases, it is a sign that they are increasingly being favored and become an alternative in the future, but the most important thing now is that BNB must be able to overcome congestion to make it easier for people to transact, if many projects start switching to the BSC network, this should be their concern in order to overcome it, to make it easier for people to make transactions in the future.

If BNB price back to lower maybe price of gas fee will dump and I like with BNB network fee still possible for us to sent and swap on pancake with lower value. Maybe with few cent BNB or BSC we still sell and sent coin bsc to other address not ability if erc20 network coin, you not ability to sent without have $10 that very slowly speed transaction for erc20 network coins.

I think the more community increase to use the BSC platform, perhaps no doubt in the long run it will be like ETH for sure. But I am hoping it won't happen, Besides, Binance management or team anyway is doing everything for the better and long term to all their bnb users. But for now, their increasing is not high compared to ETH, that is a far distance of course between the BNB.

In some cases, the gas fee of BNB is increasing. As you all know that if you increase slippage then the gas fee of BNB automatically increases. So keep your slippage low, then the fees for BNB will be low. There will be fewer fees for BNB.

The increase in the price of BNB will also cause the cost of transactions on the BEP20 platform to increase rapidly, initially ETH fees are also very cheap until the price of ETH rises too high. Therefore, the value of a coin will determine the value of transactions on the platform.

Look, people were severely critical of bitcoin's transaction fees previously.

But look at BTC now - its transaction fees are literally 1-5 satoshi per byte even for the most congested periods of this month and last month, whilst ETH and BNB are climbing in gas fees like crazy.

It goes to show that one should never jump to conclusions when it comes to the scalability of products. I'm not saying that ETH/BNB aren't good. Just that things change, as they have right now.

The term gas limit refers to the maximum price a cryptocurrency user is willing to pay when sending a transaction, or performing a smart contract function, in the Ethereum blockchain. ... If the gas limit and gas price (Gwei) are set to a higher level, the operation will occur much faster.

I also think the same, but the increase in bnb gas will be smaller than ethereum, and the transaction space of bnb blocks more than ethereum so it won't go up very high like what's happening on ethereum right now. In fact, that many ethereum communities and erc20 token developers are starting to switch to bep20, but that doesn't really have an impact on transaction prices.

It's not meant to support the increase in the cost of BNB gas, but from an economic perspective it is in the reasonable category. In my opinion, we don't always use something good for free and I think that if the cost of BNB gas is increasing day by day, it will not be a problem as long as it is still in a reasonable stage.

Still less expensive than Ethereum yet a put off when you are attempting to make a few dollars benefit to a great extent. Polygon is as yet modest. I figured BSC won't encounter this equivalent issue with ETH organization, ideally a superior arrangement will be out to address this one since BSC still one of the least expensive organization to manage. Later on it is conceivable, however I don't imagine that there will be costly exchanges. What's going on now with Ethereum is the franticness of the commissions are just extravagant.

Seriously, this issue of Gass fee increment is really complicated, Binance smart chain(BSC) was really preferred to Ethereum Gass fee. Because of Ethereum Gass fee many tokens were left in the Ethereum blockchain. I just noticed the Gass fee increment in BSC as I was charged more than what I was been charged before, although it is still far better than Ethereum Gass fee. I hope this Gass fee will surely reduced.

Ethereum most expensive gas price fees when swap coin on uniswap or sent coin to exchange wallet, I see last months many bounty project was finish change payment way from erc20 to be bsc, they upgrade contract address from erc to be bsc and make easy for trader or investor when selling coin without take care how most expensive fees pay, I agree if any bounty project when faced problem with gas fees better pay on usdt bsc than waiting gas lower fees.

From the start the BNB blockchain transaction fees were not free. It's just lower than Ethereum blockchain transaction fees. However I don't know which platform you are using so argue that the BNB blockchain transaction fee is free. The increase in BNB transaction fees increases with the increase in BNB prices. As with previous Ethereum blockchain transaction fees.

other factors are usually caused by transaction density, I mean the more people make transactions on the coin (BSC) or on the BSC network can affect the transaction fees as well. but for me personally gas cost in BSC is still cheap compared to Ethereum Network. if you are interested then you can use the solana blockchain, matic or fanthom. gas cost on their platform is also cheap

As an alternative that also working with the same functions, BSC still far from the fees of ETH and yet there are more traders and investors now that already managing their investment using this system.

With those changes with the gas fee, still tolerable if you have fewer assets it's just a few pennies to spare unlike with ETH which you need decent amount of investment to make sure that paying the gas fee is acceptable if you'll be compensated with the trade that you'll going to execute, most of the time if you are small player the fee really hurts you.

Before I use to think that bnb offered the best or lowest gas but it's not true, with eth gas fees souring high bnb isn't an option also since it takes about $1 to perform a transaction compared to other blockchain like near Protocol which takes less than $0.01 to carry out a transaction plus it has a 100k tps which is really impressive, bnb seemed to be the alternative at first but it didn't take long before the gas fees for it started going high as eth's, I think our best chance would be Near Protocol rather than bnb.

When the network is too congested with BNB transactions, the transaction costs increase because some transactions add gas so that they can be received quickly or so that transactions are smooth, so that over time, the gas transaction starts to increase, I think, as a result, there is an increase in BNB gas, related to Ethereum gas costs will increase on the BSC network as well, but it will only happen temporarily, maybe later there will be a way out that will be done by the BNB network in order to return to normal transactions

It could be that the gas fee increase is happening not for too long because currently there are many users who switched from ETH to BSC because ETH gas price is increasing really high to the point it becomes really expensive. Maybe when that gas price of ETH has finally reduced many users will switch back to ETH and BSC gas price will also be reduced again.
I don't think the gas price of BSC will keep increasing more unlike ETH because even with many projects that are NFT based like games, the fee still cheap. Therefore it's unlikely to become like ETH.

There is indeed an increase in gas BNB, followed by the current high price of BNB and the large trading volume on the platform can affect the current increase in the price of BNB gas costs, I see today's BNB is the same as Ethereum at that time, if BNB prices rose like the current Ethereum price most likely the fees given will also be the same as Ethereum.

Actually, the two (BNB-Etherium) are not much different because they both use the same network so that when the network is congested or the transaction is busy, it creates network congestion so that one of them to expand the network must increase the gas to make it smoother and faster and so that the free gas BNB will also increase. the day is increasing

This is very harmful to all investors and traders cause all of the new projects trying to come BSC wallet just for quick transition and low costing but if they follow the Eth fee then all investors and traders will go polygon network I think polygon is more good from BNB and Eth next someday coming polygon and sol are leading position very soon.

When bnb coin dump will ability gas fee dump but if bnb keep stable higher price have the same later like eth have higher gas fees transaction, but sure the developer of bsc network CZ never allowed for gas fees high like eth, he will give great service way how to make gas cheapest than eth network and make many trader or investor interested with his coin for investing on the future.

Does anyone know if there is an alternative to https://etherscan.io/gastracker that will show current BSC transaction prices? Or a resource that will help me to calculate how much a transaction will cost? I have little experience with BSC, as I only trade rarely on pancakeswap and it showed me prices of 10 cents (was 6 cents previously) for allowing to swap and 60 cents for a swop itself.

The number one reason for an increase in the gas fee of a coin is that an increase in its price. However, BNB struggled to rise at a good rate while Bitcoin and Ethereum were able to do it. Or the reason could be a serious increase in the demand for BNB. Because when so many people start demanding a coin, its network slows down and gas fees increase after these incidents. If none of these is the reason, then I have no idea what it could be.  ;D

No matter how high it goes, it will never get close to Ether gas fees. i can't imagine paying a transaction fee of 40 USD for a trade of 90usd. it is disgusting. MORE projects and traders are embracing the bianance smart chain and it is certain that the gas fees will go up. the possibility remains that binance can handle transactions and can reduce the fees when it gets out of hand. ethereum can not solve this issue.(i think they can't)

If we compare BSC gas fee with ETH gas fee, BSC network is still better than ETH indeed.
ETH gas fee is high because some apps are using the gas fee as high as possible to get the fastest transaction time, for example : opensea and uniswaap exchange.
I think BSC gas fee will become high too if there are some dApps that use high gas with high volume in the future.

Some people are also surprised when they see Binance smart chain transaction fees have increased,
everyone of course expects the transaction costs to come back down,
We'll see what the Binance smart chain development team will do

don't think fees will depend on buying shit coin and higher price coin, fees is depend on the network movement.

actually people's leave ethereum to binance chain, bsc users significantly increasing so it's effect on bsc network so that fee is higher.

In the case of all things, it's seen that when the demand for something increases, it's price also increases at a constant rate. I think in the case of BNB, there have been the same incidents. Everyone has started coming to BNB after seeing the high gas price of Ethereum but now that same incident has happened in the case of BNB.

The CEO of binance kept mocking ETH gas fee on twitter, but today same fate is befalling the BSC network, we understand ETH gas was cheap for a Long time before the evil gas fees started. Every now and then, my BNB is always exhausted for gas fee. Although they can choose to do something about it since it's POS. I am currently exploring layer2 on ethereum and Solana ecosystem.

The standard gas price on Binance Smart Chain is still 5 gwei. In dollars it has increased because the price of BNB has gone up. There has been a lot of activity on the network so some people are paying a higher price for higher priority transaction even though if you use the default 5 gwei it will still confirm in less than a minute.

I do not consider it to expensive compared to ETH transactions but if you compare to BTC which people always complain about high fees it is actually cheaper to use bitcoin most of the time for me.

Bsc transaction have noticed that it’s increasing but it’s depends on the token which you are transferring, my recent transactions cost me less, but when I was sending hip.life and Goma token, the price increased to 3.4$ worth of bnb.

Gas fees are increasing on BSC because a lot of people moved there from Ethereum and now it's congested. Fortunately the NEAR trustless token bridge (rainbow bridge) is being deployed to BSC, so BSC users will be able to trade on Aurora or NEAR protocol's Ref Finance with lower fees and faster transaction times.

yes bsc network is low fees then eth network. i leave to eth network and using bsc network and also i believe bsc will expensive day by day because it's transaction increased.
right now i see matic is the served lowest fees in the decade. 

Basically its not because of the token that u trying to send, since any token transaction should be same fees.
Its would only have difference if you trying to interact with Smart-Contract since its need more resource to execute the contract on the chain.

It also depends on the congestion of the network. So for those who want to prioritize their transactions, they are willing to pay above normal gas fees. But, let us see if BSC can address this possible bottleneck later on. Because if the fees are almost the same with eth network, people will choose the cheaper of the networks available. BSC should look into things that might change the mind of their users right now.

Gas fee basically depends on the market value, if the transaction type and the slippages more settings then gas fee would be also more. Today gas fee more than 50 CNET with standard (5 gwe) ... Normally it's seems to me little bit more than before.

Its difference problem mate, the 3.4$ worth of BNB transactions is not a normal transaction. It should be smart-contract transaction, the various gas fee due to the congestion of the network never reach that high.

That is to say as the Binance Smart Chain grows with more projects on it, the gas fee will be increasing. Another point is, these said gas fees depends on the price of BNB, that is, what the gas fee will be when BNB price is $300 is not what it will be when the price is $500 or $1000. It is happening to BSC now, and will also happen to others like Polygon, unless the blockchain is not growing.

it could probably go that direction and people would try to find other solutions to gas fees and will choose other networks and so on, but i don't think so, BSC has already a lot of users right now and gas fees are quite cheap, the only way it could go as high as ethereum gas fees is if a lot of people who are using ETH network right now would switch to BSC, but that won't happen because fees were way higher on Ethereum and nothing too big happened, they will keep using it no matter what and especially if gas fees are fixed and became lower.

BNB is being developed by competent people and I am sure that they will find a solution. Transaction fee and lack of scalability was a major issue with Bitcoin previously, but after Lightning Network was introduced it got resolved. The catch is that it took some time for the users to get adjusted to the complexities of LN. But eventually the majority if the users made the move and the fee levels dropped. I guess the same will happen with other alts as well (except ADA, which is already scalable).

It is imminent to increase the gas fees because more people will use it that's what happened to ethereum it became more congested but BSC ecosystem is way more cheaper that Ethereum so I don't think this is a big issue. I am sure developers are aware of it so nothing to be fear of hence BSC is still stable and offering cheap fee transactions.

Perhaps, the team of binance is now doing everything to fix this thing or it has been solved now.
In know that BSC will not be like ETH did before where until now the cost of charge in ETH is too high at the
moment. Also the BSC transaction fee so far for me is fine as well. And the reason perhaps is that a lot of new projects
arise now in crypto space is being crowded were it lead to increase the charge in my own opinion only.

I don't feel the gas fee of BNB is increase to tell you honestly, Because almost everyday I made a transaction with BNB but as I noticed
there's nothing change with the gas fee. Then if ever the gas fee increase that is because the transaction using bnb is flooding as far as I know dude. Or it could be when the [rice increase in the market the gas fee as well goes up.

The Gas fee of BSC is slightly increased but it is very low than Ethereum network. I think the demand for BSC network is increasing day by day. Many projects are now being launched on this network. However, the gas fee of this network will not increase much because some other networks are slowly becoming popular where the gas fee is less.

The gas fees of BNB and BSC based tokens increasing shouldn't come as a surprise to people because ETH gas fees were once very low too, but with more adoption and more projects using the blockchain, there are more transaction blocks for the miners to mine and with that, the transactions with tge highest fees will be prioritized above the others so this is bound to make the transactions of cryptocurrencies on any specific blockchain considerably slower

It can be seen that the BNB smart chain grows with more projects, gas fees will increase. Another point is that these said gas fees depend on the price of BNB. It's part of their business, but they'll probably make it at least relatively cheaper than competitors like ETH.
On the other hand, the number of users increases, and the number of transactions is constantly increasing. So Blockhain becomes overloaded and fees have to increase.

A few hours ago I sent BNB tokens to Pancake and I didn't notice there was a significant increase in the cost of BNB gas, I think it is natural for an increase to occur, but if the increase is too large like Ethereum it will certainly make people choose other coins because now there are many alternatives to send cryptocurrencies

What I can say on this is, one of the significant reasons Ethereum gas charge expanded was because of the immense number of ventures on it, that is, this load of activities added to the worth ETH have today. Presently having this at the rear of our brains and attracting it to the Binance Smart Chain, it tends to be seen that the simple dispatching of tasks lead to the expanding number of these undertakings on their organization, and this is slowly prompting the expanding gas expense which is being seen now, most occasions it even gets clogged.

In other words as the Binance Smart Chain develops with more activities on it, the gas expense will be expanding. Another point is, these said gas expenses relies upon the cost of BNB, that is, the thing that the gas charge will be when BNB cost is $300 isn't what it will be the point at which the cost is $500 or $1000. It is occurring to BSC now, and will likewise happen to others like Polygon, except if the blockchain isn't developing.

It seems that nothing terrible happened.
I recently made a transfer to BNB and was surprised that the commission was lower than it was when I made the transfer last time. All the same, it's great that we have such an alternative as BSC and the like.

What can I say about this, one of the main reasons for the increase in Ethereum gas costs is as a result of the sheer number of projects in it, all of these projects contribute to the value that ETH has today. This means that as the Binance Smart Chain grows with more projects in it, gas costs will increase. Another point is, the gas cost depends on the price of BNB, i.e. how much gas costs when BNB is $372 unlike when it is $500 or $1000. It's happening to BSC now, and it's going to happen to others like Polygon as well, except for blockchains that aren't evolving.

Unnoticeable indeed, if it happened the same way with ETH, then we will see more users to divert and use other platform, but so far just like how others are saying it's still low compared to ETH and still workable without a doubt,. Some notice slight increase but they consider it as the network congestions is being affected by many end users to transact using this chain.


Good for competition as we have more option now when we need to transact, unlike when ERC mostly dominates everything and investors don't have any choice but to use this chain and pay for the high fees.

at least the BNB gas fee is still more worth it compared to the ETH gas fee which I think doesn't make sense and because this is between crypto competitors, it's only natural that there will be price increases and better platform updates

I want to believe that by now things have gone back to normal and even if the transaction (gas) fees of BNB had gone up, it's nothing compared to what we have experienced and seen with Ethereum it's biggest competition.  It's possible that there was a spike in fees because market prices were going down and everyone was in a hurry to try and secure their money bag to avoid further drop in value of their coins,  but with prices looking stable now fees should be back to normal way lower than that of eth.

Maybe we think that the current BSC gas is much lower than Ethereum for every token transaction. If we look at the total Ethereum issued now with the previous it is almost the same. Except on the use of the swap platform. Ethereum token transaction fee is 0.001 to 0.002 ETH. If we look at the transaction fees in 2019 it is also on par with now. It's just that the current price of Ethereum is much higher than in 2019. While the transaction fees on the BSC blockchain are 0.0005 to 0.001 BNB. If the price of BNB is equivalent to Ethereum, the transaction fees will also be the same. Regarding transaction speed, it is possible that the current use of the BSC blockchain is much lower than the use of the Ethereum blockchain. So that the network load and confirmation block on the BSC blockchain will be faster.

Isn't bsc not so bad at everything about the blockchain ecosystem? for me, most of my (assets) created using erc20 network can be bridged on bsc & matic network. On the one hand, I have also invested in bnb & matic for a long time because it really helps me to trade at a low cost. I started leaving the token (erc20) and moving it to the bsc & matic network. but not with eth, I'm still holding onto eth for the long haul.

Fees will inevitably increase due to high network load. It's all part of a cryptocurrency's level of mainstream adoption. The more people join the craze, the more the Blockchain will become congested. For fees to stay low, the blockchain needs to increase its transaction capacity. This is either done through an on-chain (like increasing the block size) or an off-chain scaling solution (eg: The Lightning Network).

Binance Chain is already scalable by design with a BFT consensus mechanism. Despite the increasing gas fees, it's still much cheaper to transact on BNB than it's the case on ETH these days. In the event fees go sky high, developers can simply resort to other means in order to keep the blockchain as scalable as possible. People can choose another smart contract platform if gas fees are too high on BNB. High gas fees or not, it seems to me that BNB will be here to stay for a long, long time. Just my thoughts ;D

Now that we've kept this in mind and included it in the Binance Smart Chain, it can be seen that launching projects easily leads to an increasing number of these projects on their network, and this is growing. gradually leading to increasing gas fees. Although the current BNB price is not very high, it is possible that the network is really congested and makes miners work twice as long. I think BSC won't face the same problem with ETH network, hope a better solution will be come up to solve this problem. But generally BSC standard gas is 5 Gwei to 7 Gwei it's still not Called too expensive compared to the current ETH price.

Yes. It is possible that the effect of using the blockchain is lower so that transaction costs and block confirmation times are also faster than Ethereum. I think the fees will continue to change, as the previous ethereum transaction fees were also very low. The effect of the current high ethereum transaction fees is also due to the high price of ethereum.

in principle the higher the price of a token, the higher the gas fee and that is normal.  but for BNB at this time it is still said to be low compared to others, the increase in BNB costs is also very low but in the future it is also impossible to predict that if BNB is more expensive, the price may also be higher, even 3 - 5x the current gas fee.

I think what's happening to BNB gas fee is just like the same scenario with ethereum gas fee that when it get more popularity from the crypto-space and many crypto enthusiasts are using the blockchain it gets crowder and gets more traffic that makes its gas fee high. I think now that BSC is now getting more attraction and getting plenty of projects' interest it will also begin to have traffic that makes its gas fee to be higher as well.

But it shouldn't become like Ethereum in the future hopefully, the gas price of ETH was also cheap back then and it's around the same price of BNB gas but as the time goes it becoming expensive to the point where it's becoming unbearable anymore. If the direction of BNB growth is leading its gas price to be the same as ETH of now in the future it will become the next ETH with expensive gas price but maybe BNB will scale better than ETH.

Yeah it seems the gas fee for BNB looks a lot cheaper compared to ETH when the price was around $500 maybe even if the price of BNB reached the same price as ETH it will still have significantly cheaper gas fee because it seems BNB designed for cheaper gas price even if its crowded compared to ETH.

I have mostly avoided Ethereum network for it's tremendous fees for transactions, swap using any DEX, or staking, claiming. I have migrated to BSC but it's now a matter of concern that gas fees in BSC is increasing rapidly. It needs 0.002 to 0.01 BNB per transaction, claim, swap which is 3x higher than last few months ago.

I don't even know about the increase in the gas fee bsc, maybe you are too calculating with what you get from it. Most of us find that the fee to pay for using on BSC is negligible, so I have no problem and can accept it.

Of course. The more popular a blockchain network becomes, the more the network load will be. This translates into higher fees and slower transaction confirmation times. It's up to developers themselves to help scale the blockchain in question for fees to remain as low as possible. I think BNB shouldn't have a problem with fees in the long run, since it's scalable by design. Considering that Binance controls most of the network, it should be easy enough to introduce a network upgrade that would keep fees as low as possible.

While gas fees on BNB are increasing, they're certainly much lower than those on ETH. I guess BNB still has an advantage over ETH in this regard. There are many other smart contract platforms on the market right now, so high fees and slow confirmation times shouldn't be a concern for people. If both BNB and ETH get clogged up, there's always the choice of TRX, EOS, ADA, among others. What matters is decentralization. As long as projects focus on being decentralized, they will stand the test of time no matter what. Just my thoughts ;D

Everyone and his dog is piling into BSC because of the crazy Ethereum gas fee, and there would be only one outcome: steadily increasing price. It's just throws of demand and supply. And people are paying higher fees because they want faster transactions

It's true what you said, the more projects developed on the BSC network, the more token choices there will be. The demand for new tokens that arises because of the hype and the mindset that new tokens will experience a pump is what will continue to increase network usage which will ultimately increase costs. In addition, tokens currently impose a buy and sell transaction tax which will also make the fees more expensive. So, pay attention when you are going to buy tokens, if you don't want to lose $2-3 costs per transaction

The Binance blockchain transaction fees are not free, they are just cheaper than the Ethereum blockchain transaction fees. BSC blockchain transactions only cost 5 to 7 gwei, or the equivalent of 0.0001. However, if we use the Binance Chain extension wallet, the fee that must be paid is 0.001 BNB for token transactions. That is, the fee is equivalent to the cost of the previous Ethereum blockchain.

You need to analyze and check if you don't want to lose some penny from doing the transactions, it's not expensive compared with ETH but with the high demands the chance to see more increase might happen..  ::)

Keep in mind that ETH and BTC came out the same, but due to the demands and the increased from fiat value, now investors and traders are crying out because of the amount of fees that they need to pay in order to use the service.

For now, a good alternative and hope competitions will continue for more adjustment from those major assets in terms of transactions fees.

Yes, I felt the more people are using it the more it increases due to the hike in ethereum gas fee, but one thing I observe is that rise is Bsc is not alarming that people really noticed like that, in just hope it will not get of hand sometimes

Everything comes at a cost. Fees are only there to help prevent transaction spamming on the Blockchain. The higher the network load, the higher the fees will be. Despite gas fees rising in BSC, it's still a lot cheaper to use than ETH. Developers are going to need to improve the blockchain's transaction capacity in order to keep fees as low as possible. With so many alternative blockchain networks available today, high gas fees and slow transaction confirmation times are no longer an issue. Crypto is all about usability these days. As long as it's useful, nothing else matters. Just my thoughts ;D

I've seen a huge increase from projects built on the BSC network, it's not hard to predict how things will turn out in the next few years if BNB won't quit all the regulatory issues they've been having lately. And if in the end the fees are going to be as high as on the ETH chain, then I'm sure there will be other blockchains that will take this opportunity and fill the gap.

From the price we can judge that the price increases, of course gas will also increase, bnb transaction costs are still relatively low compared to ethereum, now we can focus on ethereum gas but there are still others that don't get people's attention, I think that's a natural thing with increasing gas then the coin that is exchanged will have a high value too

You're right, because when people can't afford with crazy fee on Etherum Network than they will go to migrate on BSC. And definitely fee will be increase in BSC due to grow BNB price also increasing this blockchain users. Still i have seen a several network fee is too much cheap as Solana and Polygon chain.

BNB is centralized but it has a big community and its ecosystem is growing exponentially. The real issue with eth as well as with BNB is that neither of them solves the scalability problem and as such the tendency will be for BNB to have an increase in the fees cost while its ecosystem and project demand is growing

Yes, and if BNB continues to grow, so does the gas fee, but gas fees have been an issue from different coins as well, and to compare these gas fees, BNB is much better than ETH's gas fee.

I'm afraid that BNB gas fees would turn out like ethereum gas fees. Several investors and traders and even new projects change their flatforms from ethereum network into binance smart chain just to adjust from ethereum's network transaction fees. It's sad because whenever a flatform become famous and had growth, it's gas fees also increases. Maybe there would be a solution for this in the near future.

The increase in the BNB gas fee is of course due to the large number of transactions, and in my opinion it is still cheap compared to ethereum which is already unreasonable, the bnb gas fee is still under $1 compared to ETH which a few hours ago I sent tokens for about $36.

I think that transaction fees up to $ 2 are normal. You can use not only bsc, you can find networks and cheaper. With the same convenience.

If you don't get it then you know too less about crypto coins, the more a coin has higher value the more it's gas fee will increase, it's same thing with Tron network, if this Tron enters 100$ in future the gas fee will significantly increase as well

bnb is definitely not threatened in the near future, transactions today cost a couple of dollars.We haven't seen any big price spikes lately, so there's no need to be afraid.As long as there is competition in this segment and other projects will offer good conditions, so everything will be fine.And the priest of the same Ethereum, the price for transactions is not normal, but the developers are satisfied with everything and they do not want to solve this problem.

Maybe people already got that bnb team has confidence enough to give it a successful future. that's why most of erc20 tokens available themselfs on bsc blockchain & having their bep20 version too.even i always choice bsc blockchain Between those. that's why transactions are increasing incredibly on bsc blockchain & thats become reason of increasing fee but i still think bnb fee is normal as usual & will be stay friend in future

And there I see room from some other projects to join in. Like cardano who has much bigger transaction capacity then some of big blockchains.

Yeah, BNB and ETH are pretty much substitutes at this point.

When ETH fees increase there will likely be a flood of people going over to the BNB network to do their transactions.

That then pushes fees up.

Hopefully both chains will come up with a scalability solution soon though.

BNB is repeating ethereum's gas rally I think. The numbers are growing there and the blockchain becomes overdosed because all of these meme coins and defi projects...

The network needs a boost to process those flooded request, like what happened to ERC chain when there's a massive request the price of fees are increasing, for now the amount for BNB is still tolerable but if BNB skyrocket to where ETH is currently residing, it will be felt by traders and investors, especially those small time traders.

Very possible, CZ understands what's the problem with ERC and he will avoid that to happen with BSC, we might see more updates in regard to scaling and if how BSC will push forward not to have the same concern with ERC. The competition really showing good sign since not just these two coins but also other are performing well.

For now, we should enjoy the benefits coming from projects that being introduced using BSC, it's far cheaper and yet
good deal to invest your money, don't forget to DYOR for a safer investment.

Well, as with ETH, BNB fee increases with both price of BNB and activity. The more projects on BSC, the bigger demand for gas is, thus increased fee's

BNB's gas fees are increasing simply because the network is starting to experience congestion. ETH used to be cheap, but that's not the case anymore due to high network load. That's the problem when a blockchain network becomes too popular in the mainstream world. It's up to developers themselves to roll out network upgrades in order to keep the blockchain as cheap and fast as possible. If by any chance BNB's fees become exorbitantly high, people have the choice to switch to other competing chains. Polygon (MATIC) seems to be a good alternative with dirt-cheap fees and blazing-fast transaction confirmation times. Most of all, it's decentralized so it'll keep on running for years on end. With so many blockchain networks on the scene right now, high fees and slow confirmation times are no longer an issue. Just my opinion :)

Maybe what you mean by free is low cost. Because I see nothing is free of all blockchains. But why has the BSC blockchain transaction fee increased, because the price of BNB continues to increase. If we look at the cost based on BNB, it is still the same, namely 0.0005 BNB. Except sending any coins with BSC blockchain source to Trust Wallet, Tokocrypto, SafePal. Because all three platforms are the source of Binance or so-called internal wallet.

First of all, BNB is rising on its own, so when it costs less than 300$ we pay less than 0.8$, but now it costs more than 600$ so price of transactions are higher respectively.
Secondly, transaction fees depends on activity. When there are a lot of traders, you have to pay more so that you transaction will be added to block as soon as possible.

There are only two reasons why gas fee is so high, either your BNB is congested or your current BNB cannot cover the fee. There are so many options available these days that you should not rely exclusively on one network. Don't blame BSC exclusively because we have other options. Consider using another blockchain: Algo, Solana, basically anything but Eth or BNB. With its dirt-cheap fees and lightning-fast confirmation times, Polygon (MATIC) seems to be a good alternative, and I can see how much chaos is deployed into the Polygon network.

True that. If you know what the ethereum gas fees are now you would know that what we get from BSC thus far is still very good though we know it might continue to increase over time due to many factors. I did a transaction recently over at uniswap and my gas fees were well over $100 and that almost drove me crazy like why was that coin on the ethereum network but I didn't have any choice and there are others I still cannot trade now over at the same uniswap cos of this same gas fee.

It happens with many networks. Fee is cheap when price of coin is cheap and the network is not congested. Network usually becomes congested when price soars a lot and besides that there are increasing activities on network.

Ethereum had some periods like that with ICO in 2017 and DeFi in 2020. Binance Smart Chain is facing congested issues with more demand from NFT marketplaces, GameFi projects and more.

AVAX is a good chain to be alternative for ERC-20 and BEP-20 chains.

Transaction fees are increasing when the activity is growing. The more people want to trade, the more you have to pay, so that your transaction is included in the block as soon as possible.  Fortunately, BSC works on Proof-Of-Stake, so fees are still smaller than 1$ and even when daily trading volume on BSC is much higher than on Ethereum, Binance Smart Chain is still cheaper.

Most active transaction on Pancake swap and every day I made more than hundred time for swap or selling coin on pancake, before  BNB raise higher price just take under 0.3$ each swap but now I must out almost $1 for one swap coin, you know almost 30$ every day of my BSC coin have gone for fees only, but I hope BSC have new rule and give lower fees transaction when swap coin on pancake swap or other BSC dex exchange platform.

Same reason with ETH the value of BNB converted to fiat is really increasing,

and with many transactions that being process not only inside pancake but everything around
BSC chain affects the network.

Most of both traders and investors are hoping that Binance team will find suitable solutions to
avoid repeating the same issue like what we experienced with ETH.

Hopefully, they will come out with good adjustments in terms of transaction fee.

Maximum people use Bsc Chain for transaction, swaping and also nowadays maximum project use bsc network due to high eth transaction fees.
But if you compare bsc transaction with Eth then bsc is always best than Eth blockchain. Yesterday i check eth fee that was $150. But it is true that now Bsc network fees is higher than his past fees.                   

It was only a matter of time and when the Binance smart chain will be loaded in the same way as the Ethereum network, we will see the same transaction delays that can only be solved by increasing the gas fee. In addition, the cost of transactions in BSC was affected by an increase in the cost of BNB by more than 10 times.
I hope it does not keep on increasing and become like ethereum one day.

Ethereum gas fees were also cheap back then, but look at them now it's hilariously expensive. It's because of so many people using it, so many projects built their projects above ethereum and the popularity of DeFi. Probably, it's what exactly happen with BSC now. Many people and developers switch off to BSC because of the crazy fee of ethereum. I think the Binance NFT marketplace also contributed to this.

I think that the answer to the question in the thread is already answered, I think the same and for me that is the reason, in fact the congestion will be increasing, and I have seen several already complain about the fee they have, in fact on the network ERC-20 the problems that there are of the fees is even more impressive, recently I had to pay a fee of more than 150USD, which for me represents too much money, for me the network that will be most successful in 2022 will be Polygon, because all NFT game projects that are focused on metaverses are in that network, and for now it is the network that has the best fee prices.

What I saw was that the difference between bnb and itharium is that bnb has less gas free and itharium has more gas free.
So I think bnb is more popular than itharium bnb is used by all people

And with Binance being one of the top exchanges, no surprise.

On the other hand, Bitcoin price is crazy high but at least the fees are more tolerable now.

I did a transaction with pcs and it was estimated .70$ which is almost a dollar already added by unlocking the token contract to sell or buy. However, the main reason for this is that bsc is now being used by many projects and that makes a congestion in the blockchain. A congestion in the blockchain means heavy traffic and by that, gas should be higher. Simple as that. Nonetheless, its price is reasonably good compared to its biggest rival Eth but quite higher compared to other Blockchain like Matic.

Currently, the cost of gas is increasing, but it is still cheaper than the cost of eth gas.
I think they will still use bnb because gas costs are still cheap even though there has been an increase in prices.
the increase in bnb withdrawals from the exchange has also increased, previously the minimum withdrawal was 0.01 bnb but now it is 0.02bnb and previously had touched the price
0.5 bnb for minimum withdrawal.
I think this happened because of the increase in the price of the bnb, the price of the bnb went up followed by the increase in gas costs and also the minimum withdrawal also increased.

Because the number of transactions every time continues to increase, the gas in BNB will continue to rise. Gas is also influenced by the price of BNB which again reached ath some time ago. In the end, it will be the same ethereum and bnb with high gas costs. Because it has a similar chain I'm sure this will happen.

I'm of the opinion that since more people are moving to the binance smart chain, the blockchain is getting congested and that explains why the gas fee seems to be on the increase. But when compared to the ethereum blockchain, the binance smart chain is quite cheaper. I only wish we could have more projects that could be more innovative and bring cheaper transaction fees to the industry.

BNB was doing you nice some months back but now BNB is nothing to read off, ethereum gas increase doesn't means that it will work long side with BNB, any projects have it time to increase even to a point that promoters it will come unexpected to them, we are exaggerating of BNB.

I see BNB still cheaper than Eth in terms of Gas fees. But, who knows what is next! The crypto space has unlimited possibilities, and more projects will offer convenient solutions for this challenge. Defi is the way to go and projects like Avalanche will grow faster, because of their cheap/low transaction fees.

BNB gas fee is still cheap if you compare it with another blockchain. There are many reasons available for increasing the gas fee. among them, more and more people nowadays use Binance Smartcahin. So there is good demand for BNB and the price is also increasing for Binance coin. In the future, the gas fee will increase more there is no doubt. Most people like to use Binance smart chain for their projects and it's the main reason for the gas price increase. But still, I am happy with it, BNB smart chain is very fast for making a transaction and the gas fee is also low.

It will be really a complicated matter for future! Cause when ether price was around 600$ where bnb is standing now, , ether transactions fee was less a $1. after it start getting popular, it was getting higher by its value and now it Change upto $50 per transactions! So i don’t know if bnb raise such price where eth is Standing now, what will be happened! They'll able to solve it or suffer as like ether?

Or maybe CZ anticipates that and has a good way to prevent that from happening,

We don't know what are the plans behind this asset. The only thing now is we are experiencing growth and the transaction
fees base from the fiat value is increasing.

It's needed to address the soonest, transaction fees is the one who leads investors to find alternative asset, and also developers
are kept on finding suitable chain to use for both benefits of their project and their investors.

Having lesser fees is what attracts investors, especially when the coin has solid fundamentals.

I don't care about how much fees need for swap BSC coin but really angry when BSC network always congested when sending or withdrawing coin, many time exchange like LBANK, HOTBIT and all exchange support using BSC coin withdraw or deposit delay. This week almost three time BSC network congested and delay for sending and exactly when swap coin on pancake we need two or five minutes for success if price not change yet.

Of course what you are experiencing is indeed very uncomfortable, because sometimes time runs out just waiting for the transaction to finish and moreover you often make price changes so that it can be finished quickly. is this because indeed all swaps have happened like this ? it seems that there will always be interference when doing a swap and the kinds of interference that are obtained. I also often experience like you but I try to just be patient so that it is finished, most often what I experience is that I can't do transactions and have to repeat.

The number of users and transactions that continue to increase makes the BSC network very busy, it's been a few days when I swapped on Pancake then the results were very slow and I had to repeat it again so that it made a double fee when I checked on bscscan, if gas costs go up it should make the speed stable because they get more and if this problem can't be solved then there will be many problems in the future with BSC.

This seems to be an overload problem that occurs in the BSC,
seeing what you have experienced, of course it is very unfortunate that it happened and it is very likely that you are not the only one who has experienced something like that,
For BSC, of course, this is homework that must be completed immediately if users don't want to be left behind

Gas fees are really moving. If it moved by a cents only, there's nothing to worry about.

BSC fees are still the cheapest and fastest compared to any chain. Also used by most platforms now making it more convenient. There will be a time that we might face high fees in BSC so for now, enjoy it while you can.

This will happen with any project, when users and transaction volumes are small then fees will be cheap, currently Polygon transaction fees are less than 5 cents, but I'm sure if one day Polygon is large like BSC then transaction fees will be expensive, and as long as it increases still affordable, of course, is natural, and in contrast to ethereum which is no longer reasonable and more expensive than sending money via bank transfer.

That's how ethereum started with such low gas fees nd fast transaction. But when it's network got conjested we started seeing insane gas fees and traction finality time getting slow, same thing might happen to BSC, the more it's network gets loaded, the more it's transaction fees will keep increasing, this is more reason why sharding is very much important, no matter how fast  a blockchain is, sharding is important for a blockchain which is ready for mass adoption, take the Near protocol network for example, in absence of it's low fees and fast transaction there are still launching a nightshade to boost it's network capability, this shows they are ready for mass adoption.

 Bnb fee is still very low if we compare to Etherium. I think bnb gas fee is same but due to increase in price the $ amount is increased. In future uf more people will adopt it price will increase and will affect directly gas fee.
When Bnb price was 43$ its gas fee was approximately 0.02$ and now 0.1$ for transferring

The good thing about BNB is it's backed by binance and the team is quick and effective in making and implementing new decisions. For a few weeks, I have seen the BSC network to be much stable in fees and the fees are still decently cheaper than many of it's competitors. I even saw/paid fees on BSC chain below 50 cents while polygon above 10 cents in last few days. It seems, the fees on any network could be a trouble when the volume of transaction increases and BNB is itself one of the largest utility token by transaction volume.

if the gas fee mechanism between Binance and Etherum is the same, if at the same time there are thousands of transactions in the blockchain network, then the resources needed to process and validate these transactions are also more and cause gas fees to be expensive. all networks also experience the same thing if they are overloaded but Binance still makes a sense if compared with etherum

in the last few days the cost of BNB gas has increased, I think that the increase is a very reasonable thing because the price of BNB has also increased, but another factor causing gas costs to rise is because of the large number of instant swap exchanges resulting in the BNB network getting congested so that gas costs continue to increase every transactions, this also applies to the ethereum network, but I really hope that the binance gas fee does not rising too high like the ethereum gas fee, because right now there are so many assets that I have to transfer using the binance network...

The current increase in BNB fees is due to the large number of instant swap exchanges taking place on the network, so the volume is increasing, I think this is a very normal thing to happen,  after all, the increase is only a few cents, when compared to the network else Binance still has very low fees at the moment, I'm sure this mechanism will apply to all networks in crypto.

The binance network has provided transaction fee convenience, although in the end it has increased by only a few cents, so far we have no problems with binance gas but really hope there will be no transaction traffic congestion so that the stability of gas fees does not increase significantly.

Tolerable still if you want good service, paying the amount even the increase is really showing if you compare it to ERC,
you will continue using BSC.

Just alarming since the network is also gaining more transactions and the value of BNB is also increasing on it's fiat value.

Do your part researching if you can find alternative if you are hurting with few cents increase.

That's the problem. Fees rise according to network activity. Since smart contracts (dApps) require constant interaction on the Blockchain, fees will only go higher over time. The more people use the Blockchain, the higher the gas fees will be.

I think it's a bad idea to use Blockchain tech for the deployment and execution of smart contracts. Turing-completeness can not be achieved on Blockchain technology, especially when it has scalability issues. Ethereum and other smart contract platforms should let ordinary transactions to be performed on-chain, while leaving the deployment and execution part of smart contracts (dApps) on a separate layer (preferably off-chain). Only this way, fees will remain at its lowest. It'll be something like the NEM project's been doing right now, as smart contracts don't live on the Blockchain. I'm afraid BNB's fees will continue to soar until developers do the right thing.

At least, it's cheaper to use BSC than Ethereum (ETH). With various smart contract platforms available on the market, high gas fees and slow confirmation times should no longer be a concern to the average person. Just my thoughts ;D

Due to high Ethereum's gas fee, erc20 tokens also join with bsc as alternative blockchain. If a token is transferable on both chain, people are selecting bsc and to handle such traffic, bnb fee increase but that is still lower than Ethereum.  I guess soon bnb fee also increase like Ethereum, but That might not be fact of worry cause we will use solana, matic and so others. And thus crypto industry will going Ahead

but it Will be hard to fine out the way to get rid of this issue. cause ether is suffering with same reason and still fail to make a way that could be a solution but of course it isn’t impossible and i'm optimistic about it
True, fee is major thing and it could play important role for investors. that's the resson large number of people shift with bsc blockchain instead of ether. just use ether for transaction when don't have any option

Fees on BNB only increased as a result of its ever-growing popularity. But it's still much cheaper and faster to use than Ethereum (ETH). 15 cents for sending tokens across the BNB blockchain is a bargain, considering how it costs upward of $30 just to transfer a token on the ETH blockchain. Polygon is even cheaper than BNB and ETH, with fees less than a cent (in USD).

Ultimately, how much you're going to pay will greatly depend on network congestion. As long as developers keep the blockchain scalable, fees will remain at their lowest. There are many alternative smart contract platforms on the market right now, so high gas fees should no longer be a concern to the end user. Just my thoughts ;D

Gas prices have increased compared to the past, I find this very normal. Formerly bsc network adaptation is getting more and more day by day. Thousands of people are just using the bsc network. I don't understand people complaining about current prices. If you are complaining, try trading on the ethereum network. Bsc network is both cheap and fast at the moment, what can be more?

Now that there are so many new options that can be used and investors only use Ethereum when the choice is only one and also when they use a lot of money on the Ethereum network, I think so regardless of a compulsion to use the Ethereum network.

In my opinion The reason of increasing BNB gas fee is increasing BNB price and increasing transaction  day by day. Millions of transactions are forcing gas fees to rise. Many people  are raising gwie to complete their transactions quickly. And it is forcing gas fees to rise

I think in this time BNB is rise day by day because all people use and support to this because the Transaction fee of bnb is very low this point people support this.
But i think bnb rise there Transection fee so they loss there position and people are not purchased bnb and that same reason of Ethereum is a best coin but this problem people cannot use this because there price is so high.

When eth gas fee was increasing, we were unable to do anything but keep watching. So now if the same thing is happening with bnb, then what to do?! If ceo can solve problem then okey. Otherwise we'll go to another blockchain for low fee as like what people do with eth and bnb. but i think bnb transactions fee is still so low and shouldn’t need to be worry from now.

Basically BSC gas fees also have a similar concept to gas fees on other blockchains such as ETH, so that when there is an increase in user transactions simultaneously, the blockchain will require higher fees to validate transactions so that congestion does not occur.

The transaction gas fee always depends on the price of the BNB itself because when the price of BNB becomes more expensive, the amount that must be spent in each transaction will also look expensive even though the number of digits still looks the same as before.

Technically it is how new blockchains can give very cheap transaction fees. Their original promise will be our projects can provide very cheap, cheapest transaction fee. Our networks won't have issue with scaling, size, etc. Many of new projects die months later or fail to grow so we never have chance to verify their promise.

Else, successful projects will cope with increase of network activities then it leads to issues. We see it with Ethereum, Binance Smart Chain and lately Solana.

There is no strong increase in gas prices now.Now transactions are available to everyone, it's really inexpensive and it pleases.in addition, against the background of the main competitor, this is really noticeable as a difference.Of course there are problems in the network, but they pass quickly.

So is happening due to pressure is getting higher on bsc network. People are shifting on bsc network aggressively instead of/along with eth chain but i like the way how bsc manages their fee service in the comparison of eth. Because eth takes $25+  for erc20 tokens transactions & bnb takes 0.46 to 0.60 cent max for bep20 transactions. Eth token swap is killing cause sometimes need $200+,, while swap can be done on pancakeswap less than $1 with fast transaction.

Comparison of gas fees between eth and bsc networks is very different, but users of the ETH network are still dominant and do not completely switch to other networks, currently gwei transactions are never stable and sometimes drop to 40 gwei so it is cheaper to pay for transactions on Uniswap.

Of course , against the background of the main competitor , this is very noticeable , the price for gas is very attractive to me , and it is much cheaper to send transactions to the BSC network , well , problems periodically happen for everyone  ;)

It's all a marketing technique new crypto projects use in order to attract investors into them. Once network activity increases, their claims of being the fastest and cheapest blockchain in the world become futile. Any cryptocurrency no matter how scalable it claims to be, can be subject to slowdowns and high TX costs due to high network load. It's all a matter of constantly improving the core blockchain technology in order to prevent fees from becoming economically unfeasible.

BNB's gas fees may've increased lately, but it's still much cheaper to use than ETH. Not to mention, Binance's own blockchain network is much more reliable and secure than Solana. With so many alternative blockchain networks and Layer-Two scaling solutions, there's no need to worry about gas fees increasing on a single chain. You'd simply move to another coin whose fees are extremely low. As long as money keeps flowing on BNB, nothing else matters. Just my opinion :)

The BNB gas fee is increasing day by day like ETH and it is expected to increase further. If it increases further then it will be difficult to swaap tokens and pay a lot. I would like to reduce BNB gas fee.  If it increases further, many will not want to ruin the campaign and no one will buy and chat about BSC tokens. Like Ether, BSC value will go down.  I am hopeful its value will not increase further and gas fee will be reduced

Many are switching networks for their transactions. The good thing with many altcoins these days is that they're also supported in other networks. Like if there's an erc20 token, there's a chance that it's also in BSC for being bep20 token and as well as other networks that has lower fees.
That's why if you're sending that much in erc20 and you're too irritated with the fee. Always check the exchanges if they have support for that token in other networks for you to save much in fees.

and now comes with other networks like sol, ada, matic, avax. lol with the increasing number of bsc users, no doubt that they will slowly increase the fees in order to prioritise your transaction. don't worry, some networks are rising up to compete with their market. users have other options now. it is not limited to one or two but many. this is the beauty of competition, they are finding ways how to come up with better services so users will go to their network.

Because a lot of people using BNB now no doubt they will increase their Fees, also there are upcoming many projects of NFT and metaverse. In the old days cryptocurrencies perform very little fees to their users and now I feel like their fees are around the same as PayPal and others. Well Ethereum should decrease its Fees price and BNB should maintain its fees to keep its users using BNB platform.

BSC is 100% centralized. Their "gas" fee is an arbitrary fee they charge that they think they can get away with. They get 100% of it after they "burn" some portion.

BSC is just a crypto trading game, where you pay with real crypto to get access, and get wrapped "binance" game tokens to play with.

The increase in fiat value of each BNB affects the price of the transaction fees.

I follow that argument since that the same thing happened to ETH. So far it's not being that huge, but along the way when BNB
reached much higher value, transaction fees that converted to fiat value will be very alarming.

It is always the case when increase happened to any utility asset. You need to understand things well and continue doing your research
about the use case if it's still the only option you've got.

If the value of BNB keeps growing up the gas fee will increase that's what I've noticed myself, now that BNB is back to 400$ area the gas fee have also decreased too I guess that's the way things work in crypto space, only coins with massive max supply have cheapest gas fees because their value isn't even close to 1$ per coin or token.

The number of platforms developing BSC makes the use of BNB continue to increase, this has an impact on increasing gas costs, but I think it's still cheap, to send BNB with Metamask it takes around 8 cents while for tokens it's around 15 cents.

Yes.
It's still cheaper than ETH's transaction fee which could go more than 10 times if the gwei is too much. Just like ETH before when it's not yet crowded.
Fees are not high.
But when there are too many transactions happening on day by day, the fees have increased significantly.

Yes. This also has an influence, but you also have to take into account that the price of the rates increase due to the growing use of the network, and it is for this reason that congestion occurs, something like that is what happens with ETH , they claim that with ETH2.0 everything will be fixed, but Hayqeu waits for its development to see how it goes, however he notes that many are looking for projects through the BSC network because they prefer to pay a fee for the BSC network and not for ETH everything changes, the BNB coin is going down in price, and if it goes down then the fees should go down, but this is not true.

Ethereum gass fee is too high gass fee can not be transferred.  And what I think is that it has become very expensive. Now I can't transfer any token because of the extra gass fee. BSc is much better than this. Its gass fee is much easier to transfer. I think bsc is better than ether.

The Network of Binance Smart Chain and Ethereum are very similar to each other. I think we could even say that the BSC is a copy of the ETH which just have a few corrections made. Therefore, in my opinion, there is no doubt that when it comes to gas fees, a similar situation to the Ethereum platform will sooner or later happen with Binance. Simply the gas fees will go up as number of users grow.

Have the same impressions just like on other projects as well but we couldnt really deny that there are other platforms which do really handles well when it comes on sudden bloat of users which they could still able

to make transactions fast and cheap and this is should how they would really be having on just like on EOS and TRX which is really great when it comes to those kind of qualities.
For sure BNB would really be having that problem later out but i doubt that they wouldnt really do something about it and waited up for that scenario to happen.