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Author Topic: Gas Fee Of BNB Is Increasing  (Read 1753 times)
bhadz
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February 09, 2022, 04:01:37 PM
 #281

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.

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February 13, 2022, 06:54:43 PM
 #282

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.
If the BNB price continues to increase and such as the same eth the price may be the cost of gas will be equal to the same. The solution may only be if the price of BNB or ETH does not reach 1000 $ below, it may not happen expensive costs. Many people complained about this continued cost. Now there are many who hope Coin BNB, the ETH is up but rejecting high transaction gas costs..?

Right, actually the expensive gas costs are in accordance with the profit you get, people forget that in the past gas costs were cheap because the price of coins was also cheap, for example today the cost of TRX can be free because the price of TRX is only 6 cents, the ETH transaction fee is around $12 and I think it's still reasonable .
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.

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February 13, 2022, 11:21:10 PM
 #283

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.
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February 13, 2022, 11:31:47 PM
 #284

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.

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.

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February 13, 2022, 11:45:25 PM
 #285

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.

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.

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