Which cryptocurrencies have the lowest transaction fees?

[Galley]

Given the current proliferation of the Solana blockchain, we will soon see more and more people using it to conduct any kind of operation. SOL can be a good alternative even to BNB and MATIC.

[doomloop]

Given the current proliferation of the Solana blockchain, we will soon see more and more people using it to conduct any kind of operation. SOL can be a good alternative even to BNB and MATIC.

Well, we both know that most of the times that are people are not really looking at which cryptocurrency is the fastest, that’s what they are least interested in at most. Just look at bitcoin, it’s no where near being on the top list of the fastest cryptocurrency blockchains, but even at that a lot of people are still making use of it for transactions, and it’s widely being used more than any other cryptocurrency in the world.

Most times people would consider security and how reliable a cryptocurrency is before any other thing. If it was a matter of being the fastest blockchain, then there would have been so many others that could have topped the list when they launched.

[LUCKMCFLY]

Given the current proliferation of the Solana blockchain, we will soon see more and more people using it to conduct any kind of operation. SOL can be a good alternative even to BNB and MATIC.

I agree with you, if we rely on the BNB network the BSC has had some problems with its network congestion and this can cause the fees to increase enormously, if we take into account that for the NFT game projects that are in this network are many, the new projects in the Polygon network are much cheaper, in fact the metaverses are putting them in the Polygon network because of their versatility and low costs, I believe that MATIC and Solana will be the currencies that will begin to dominate the market in 2022 if things start to turn out well.

[Mamun74]

For me,To be Honest BNB gas fee too low.I'm usually use BNB  network transaction. ETH gas fee is too much high This year.Many people recently they use BNB. Bitcoin and ETH gas fee much higher than Polygon and BSC network transaction gas fee. I'm use BNB.i think they(BSC) will be more development Their system.

[stas26000]

hi guys, to sum up which decentralized exchange for the different cryptocurrencies would you advise me?  And which decentralized wallet to buy on this platform do you also recommend?  With the lowest possible gas costs.

[zasad@]

If you need ecosystems with good liquidity, then use Optimism, Arbitrum, Polygon. They have very low fees and these L2 solutions are decentralized. I use Binance Smart Chain and love the cheap fees, but there are 21 centralized validators in this ecosystem.
I have not heard of blocking tokens in this ecosystem.

[kak uli]

For me,To be Honest BNB gas fee too low.I'm usually use BNB  network transaction. ETH gas fee is too much high This year.Many people recently they use BNB. Bitcoin and ETH gas fee much higher than Polygon and BSC network transaction gas fee. I'm use BNB.i think they(BSC) will be more development Their system.

It seems that many people use alternatives as you mean, using BSC chains and polygons will make many People more efficient than using ERC20 chains in making transactions. and things like this have become very common among bounty hunters, both high-income and low-income hunters, all of whom use a method of looking for lower transaction fees when sending their Tokens.

[blakeb]

deleted.

[Rufsilf]

Transaction fees are different in every cryptocurrencies and it will or may vary depending on volumes you move, or liquidities on the exchange, while some fees may take much more higher because of the demand.
But anyways, here are some quite famous or popular crypto that is arguably known to have low transaction fees namely:

• Stellar (XLM)
• Ripple (XRP)
• Ethereum Classic (ETC)
• Monero (XMR)
• Nano (NANO)
• Cardano (ADA)
• Litecoin (LTC)

Source: https://www.fool.com/amp/investing/2021/06/12/7-cryptocurrencies-lower-transaction-fees-dogecoin/

[izsara]

For me,To be Honest BNB gas fee too low.I'm usually use BNB  network transaction. ETH gas fee is too much high This year.Many people recently they use BNB. Bitcoin and ETH gas fee much higher than Polygon and BSC network transaction gas fee. I'm use BNB.i think they(BSC) will be more development Their system.

It seems that many people use alternatives as you mean, using BSC chains and polygons will make many People more efficient than using ERC20 chains in making transactions. and things like this have become very common among bounty hunters, both high-income and low-income hunters, all of whom use a method of looking for lower transaction fees when sending their Tokens.

Isn't it very clear, because with this we can minimize gas because this alternative is cheaper and even very much cheaper when compared.
on the other hand as you said it is more efficient and I think it is even faster.
I did the same thing so that the exchange fee could at least be reduced.
and basically almost everyone does that because it's the most commonplace thing to do, as long as you can get the cheapest one, why not

[Ngewex Yuk]

Until now what I've tried is TRON. Have you ever tried using a TRUST wallet or TRON Link to send TRON, to send a TRON-based token it only takes 6 TRON or 65 cents, while sending TRON to another wallet is free or zero.

[rizqoAD]

In trading altcoins, we must calculate the profit and loss including in this case transaction costs. Each altcoin has a different transaction fee when we withdraw from one wallet to another, a trader will choose the altcoin that has the lowest transaction fees because it saves expenses. In my opinion the lowest cost altcoin is Litecoin, I have used Litecoin as a transaction when I wanted to convert it to fiat. If you want the lowest transaction fees, I think LTC is perfect for small traders like us.

[fvb]

For withdrawal from the exchange, I mainly use Tron. I also like Stellar, Litecoin, BNB. You have already been answered and suggested all the options, so the choice is yours.

[JeWay]

There are several transactions on crypto even the coins you mentioned above such as LTC is still high, in token exchange transactions I usually use BSC and Playgon, the transaction fees are lower than Ethereum and some other coins, if today you still store coins in the form of ERC20 in your wallet then the withdrawal fee will be more expensive, cheaper cryptocurrencies I often use, namely playgon and bsc.

Actually there are three kinds of coins that still have very cheap transaction fees for now, two of them are what you said and another is TRON coins where on the TRC20 network you only pay one unit of TRX to make a transaction, so it's not just two kinds cheap at this time

[irsykes]

For now BSC (BEP20) network can be a choice in all reason. I mean although other network is cheap but BEP20 network is already can be used in a lot of exchanges and some wallets already support it in their list. Maybe if matic with polygon network already in a lot of exchanges, it can be alternative beside TRX20 network.

[Insomnia family]

of course I would avoid the Ethereum network. and currently binancesmartchain is one of the networks with cheap transaction fees compared to ethereum and matic dominates the first rank in the network that I use besides binancesmartchain.Transactions using TRC-20 are expensive in my opinion 

[bigjuk]

of course I would avoid the Ethereum network. and currently binancesmartchain is one of the networks with cheap transaction fees compared to ethereum and matic dominates the first rank in the network that I use besides binancesmartchain.Transactions using TRC-20 are expensive in my opinion 

Why can it be expensive when you use the TRC20 network? I even currently use the TRC20 network only need 1 TRX for each transaction and it's still worth saying cheap because the price of TRX itself is still under $0.1 as well as Matic which costs are also super cheap when compared to BSC.

[Insomnia family]

of course I would avoid the Ethereum network. and currently binancesmartchain is one of the networks with cheap transaction fees compared to ethereum and matic dominates the first rank in the network that I use besides binancesmartchain.Transactions using TRC-20 are expensive in my opinion 

Why can it be expensive when you use the TRC20 network? I even currently use the TRC20 network only need 1 TRX for each transaction and it's still worth saying cheap because the price of TRX itself is still under $0.1 as well as Matic which costs are also super cheap when compared to BSC.

because I am not a high-end merchant and only a small trader. so I often use matic which is cheaper than TRC-20, In fact, most of my assets have been transferred to the pollygon network, making it easy for me at all times and bridge any coin I want to trade with transaction fees under $0.01 /MATIC.

[kak uli]

For me,To be Honest BNB gas fee too low.I'm usually use BNB  network transaction. ETH gas fee is too much high This year.Many people recently they use BNB. Bitcoin and ETH gas fee much higher than Polygon and BSC network transaction gas fee. I'm use BNB.i think they(BSC) will be more development Their system.

It seems that many people use alternatives as you mean, using BSC chains and polygons will make many People more efficient than using ERC20 chains in making transactions. and things like this have become very common among bounty hunters, both high-income and low-income hunters, all of whom use a method of looking for lower transaction fees when sending their Tokens.

Best bet of bounty hunters is to look for projects based on smart chain, which has very less transaction fees and also the same time of confirmation. They will be paying very less in fees and hence more money in their pockets as well. Most of the coins which have low transaction fees are highly volatile and also less liquid, so best bet is to stick with BNB or DOGE in sending funds from one place to other.

I think the best bet according to what you said is still something wrong, not only that in my opinion. have you ever tried moving assets using Polygon/matic ?, I think it's also cheaper than using Bnb or Doge.

[hamba laeh]

The most common types of of transaction fees are:

Exchange Fees (a commission that will come about when you complete a buy or sell order)
Network Fees (entails a charge to cover the mining network that runs in a blockchain)
Wallet Fees (will come from whatever currency wallet you utilise, but not all wallets will produce these fees).

Some of the lowest fees in the industry include the following: TRON, EOS, Bitcoin Cash, Litecoin, Bitcoin


resource: https://swapzone.io/learn/lowest-transaction-fees


ANOTHER SUGGESTIONS: XRP, SOL, DOGE, IOTA, XLM, MATIC, BNB, BSW

In my opinion, for now, the one with the lowest transaction fee is using a polygon network (matic). transactions using polygon wallets only cost 0.000xx. and the price of 1 polygon is only $1 / 1 Matic. and I think this is the lowest transaction fee I have ever used besides ethereum and binance smart chain. although many other networks are cheap but in my opinion polygon is the lowest according to the experience I use. because I have never used any other network.