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forestx (OP)
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November 12, 2021, 12:50:59 PM
 #1

I have some safenoon I bought at its peek sitting in my Metamask learned about bscprojects.live and though about investing. Risky yes but it wasnt much safemoon and wanted to try the platform.
I attempted to get up the funds and thought it went through but doesnt appear to have also when I go to try again I am told gas fees are 0.024635BNB which seems high. Like one of the main selling points behind bsc chain was low gas fees. Is this a normal amount to pay
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November 12, 2021, 03:41:30 PM
 #2

I have some safenoon I bought at its peek sitting in my Metamask learned about bscprojects.live and though about investing. Risky yes but it wasnt much safemoon and wanted to try the platform.
I attempted to get up the funds and thought it went through but doesnt appear to have also when I go to try again I am told gas fees are 0.024635BNB which seems high. Like one of the main selling points behind bsc chain was low gas fees.
The site looks very suspicious to me. I have been tried to visit that site and my impression if that's a new site. Did you wanna add liquidity pool with your safemoon? I think that you must think that again for twice. The site looks suspicious and it may steal your safemoon. You must always be careful with the new platform like this one. It's not a popular platform. https://dappradar.com/binance-smart-chain/high-risk/bsc-project
It says that a multiplier site. I suggest you never tried that.

Is this a normal amount to pay
It's not normal. You can try to check the latest transaction to know more which normal fees that applied in the BSC chain right now and it's about 10 - 20 cents for a single transaction. Are you wanna swapping your token?

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November 12, 2021, 04:12:54 PM
 #3

I have some safenoon I bought at its peek sitting in my Metamask learned about bscprojects.live and though about investing. Risky yes but it wasnt much safemoon and wanted to try the platform.
I attempted to get up the funds and thought it went through but doesnt appear to have also when I go to try again I am told gas fees are 0.024635BNB which seems high. Like one of the main selling points behind bsc chain was low gas fees. Is this a normal amount to pay
If you want to connect to smart contracts of high-risk projects, then the very first action you need to do is create a new wallet.
Then transfer some tokens there, which are not a pity to lose, and try it.
15 dollars is a very large commission, as in the Ethereum network for the transfer of ETH coins.
I do not know how many smart contracts you will give permission to spend tokens from your wallet, but I can only tell you how not to lose all tokens on the main wallet.

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November 30, 2021, 10:41:14 PM
 #4

I have some safenoon I bought at its peek sitting in my Metamask learned about bscprojects.live and though about investing. Risky yes but it wasnt much safemoon and wanted to try the platform.
I attempted to get up the funds and thought it went through but doesnt appear to have also when I go to try again I am told gas fees are 0.024635BNB which seems high. Like one of the main selling points behind bsc chain was low gas fees. Is this a normal amount to pay

this transaction fee is very high in my opinion because usually the BSC transaction fee is only 0.0003 - 0.0005 BNB. if the bsc transaction fee has reached 0.025bnb then this is a very high fee. and my advice not to make transactions with high fees. and this happens because the price of BNB has been increasing in the past until now.

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November 30, 2021, 11:12:52 PM
 #5

I have some safenoon I bought at its peek sitting in my Metamask learned about bscprojects.live and though about investing. Risky yes but it wasnt much safemoon and wanted to try the platform.
I attempted to get up the funds and thought it went through but doesnt appear to have also when I go to try again I am told gas fees are 0.024635BNB which seems high. Like one of the main selling points behind bsc chain was low gas fees. Is this a normal amount to pay
Actually, you may customize the gas fees by editing out the transaction's gas and gwei, however this is dependent on whether the transaction will approve or not. It is always dependent on the network; if it is congested, the transaction will most likely require a large transaction fee for you to transfer your money. However, having high transaction costs is very normal; BNB is also rising; and, of course, many users are now using the network to partake in numerous bsc projects.
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November 30, 2021, 11:16:01 PM
 #6

The gas given is like safemoon asking for very high gas costs, if you get a project like this better be careful because you will waste gas costs in vain and even when prices are low when we are about to leave To make a transaction, the gas costs we have to spend will also be relatively high, but if you believe in the project, it is better for you to seek more detailed information about the project.

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November 30, 2021, 11:17:32 PM
 #7

What have you done, OP?

It has Been a while, and curious to know what happened to your transaction. Did you add it out just like the other members have suggested, or was it a scam that got you?

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December 01, 2021, 03:01:38 AM
 #8

I have some safenoon I bought at its peek sitting in my Metamask learned about bscprojects.live and though about investing. Risky yes but it wasnt much safemoon and wanted to try the platform.
I attempted to get up the funds and thought it went through but doesnt appear to have also when I go to try again I am told gas fees are 0.024635BNB which seems high. Like one of the main selling points behind bsc chain was low gas fees.
The site looks very suspicious to me. I have been tried to visit that site and my impression if that's a new site. Did you wanna add liquidity pool with your safemoon? I think that you must think that again for twice. The site looks suspicious and it may steal your safemoon. You must always be careful with the new platform like this one. It's not a popular platform. https://dappradar.com/binance-smart-chain/high-risk/bsc-project
It says that a multiplier site. I suggest you never tried that.

Is this a normal amount to pay
It's not normal. You can try to check the latest transaction to know more which normal fees that applied in the BSC chain right now and it's about 10 - 20 cents for a single transaction. Are you wanna swapping your token?

I have been through many forms and types of scams and since than I learned many things how scammers are appealing to our sense of greed so they can get the money they wanted from us. Anything that has something to do with multiplier is just another HYIP scam and should be avoided at all cost. OP should have checked the site bscprojects.live first if it has a good reputation, otherwise losing can be so high in the cryptocurrency industry riddles with opportunities and also with frauds. Sadly, many can still fall victims as these scammers are really so creative in pushing their business. Hope OP can be able to recover his SafeMoon, otherwise consider it as a tuition fee for learning.







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December 01, 2021, 03:06:26 AM
 #9

Such high gas fee when you need to pay more than 10$ is not appropriate. Even transaction fees on Ethereum are lower sometimes. Actually, there are two factors that influence rising of gas fees. First of all, the price of BNB is growing. Secondly, when the activity is high, you have to pay more so that your transaction will be included in a chain. I am used to pay not more than 1$ on Binance Smart Chain, so I am really confused by your case. Huh
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December 01, 2021, 03:31:38 AM
 #10

Such high gas fee when you need to pay more than 10$ is not appropriate. Even transaction fees on Ethereum are lower sometimes. Actually, there are two factors that influence rising of gas fees. First of all, the price of BNB is growing. Secondly, when the activity is high, you have to pay more so that your transaction will be included in a chain. I am used to pay not more than 1$ on Binance Smart Chain, so I am really confused by your case. Huh
Day by day gas fees of BSC will be pump like ETH depend with how much price BNB coin later, last time when BNB still dump only reduce fee under 0.1$ and now need almost 1$ for swap coin on pancake or other dex exchange support with BSC. Right now only with Matic or polygon network have lower fees transaction for sending or swap coin and we got fast transaction.
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December 01, 2021, 05:36:30 AM
 #11

I have some safenoon I bought at its peek sitting in my Metamask learned about bscprojects.live and though about investing. Risky yes but it wasnt much safemoon and wanted to try the platform.
I attempted to get up the funds and thought it went through but doesnt appear to have also when I go to try again I am told gas fees are 0.024635BNB which seems high. Like one of the main selling points behind bsc chain was low gas fees. Is this a normal amount to pay

I have never used the platform as you mean, but if you are staking and want to withdraw it seems there are things you need to pay attention to before making a withdrawal with gas fees like that.
I'm currently using the Biswap platform because it has low fees for trading, staking or farming, maybe you can use it.

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December 01, 2021, 08:40:26 AM
 #12

Speaking of gas in the bsc network...


BEP95 real-time BNB burning mechanism has been activated!

Each block will burn a fixed ratio of the gas fee collected by the validators in each block. The burning ratio is adjustable through governance (currently 10%).
https://twitter.com/BinanceChain/status/1465865735767400449
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December 01, 2021, 10:48:16 AM
 #13

I have some safenoon I bought at its peek sitting in my Metamask learned about bscprojects.live and though about investing. Risky yes but it wasnt much safemoon and wanted to try the platform.
I attempted to get up the funds and thought it went through but doesnt appear to have also when I go to try again I am told gas fees are 0.024635BNB which seems high. Like one of the main selling points behind bsc chain was low gas fees. Is this a normal amount to pay

Yes the commission of 0.024635BNB is really very large for this network.
I spent the most 0.00600485 BNB per transaction it was on the Alpaca Finance, gwei was 5. It is worth noting that I did this transaction at a quiet time but if I made this transaction while the network is loaded then I would spend the same as you because I would have to put gwei 20.

0.00600485 BNB (gwei 5) x4 = 0.0240194 BNB (gwei 20)
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December 01, 2021, 11:26:32 AM
 #14

Yes the commission of 0.024635BNB is really very large for this network.
I spent the most 0.00600485 BNB per transaction it was on the Alpaca Finance, gwei was 5. It is worth noting that I did this transaction at a quiet time but if I made this transaction while the network is loaded then I would spend the same as you because I would have to put gwei 20.

0.00600485 BNB (gwei 5) x4 = 0.0240194 BNB (gwei 20)
Currently the BSC network is experiencing extraordinary congestion, a few days ago I made a transaction on the BSC network using gwei 5 and it was pending for a very long time, finally I raised it to 10 gwei and it is still pending but not for long. So if you want transactions to be processed faster, 20 Gwei can be an option for now.
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December 01, 2021, 12:10:30 PM
 #15

Some platforms usually require high gas costs. Usually at the fair sale is designated who gases the bigger he gets the queue first. Well, it looks like the platform you're using is this kind of. That is a natural thing because we use the platform not just for token transfer / BNB as in general there are many solid transactions on that smart contract network.

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December 01, 2021, 12:30:05 PM
 #16

It is expected for the gas fees on bsc network will start to rise up because many people already using it and new projects coming in choosing bsc platform because of gas fees cheaper that ethereum. BSC gas fees not that much a bother to me, it's still manageable.

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December 01, 2021, 01:20:34 PM
 #17

Well, the gas fees on BSC are becoming very expensive, I thought CZ was mocking ETH fees on twitter for been too expensive and now same issue is messing up BSC network. Understand that the current ETH mainnet is POW while BSC is POS, so being a POS, something can be done about it, hoping for the validators to do something about the network fees and stop fleecing the users.
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December 01, 2021, 01:48:47 PM
 #18

I think, over time, the price of BNB gas fees will increase, just like ETH
For now, BNB gas fee is very cheap for transaction 👍


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onecall123
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December 01, 2021, 02:12:01 PM
 #19

I think, over time, the price of BNB gas fees will increase, just like ETH
For now, BNB gas fee is very cheap for transaction 👍
Overall, BNB gas fees remain reasonable even after accounting for ETH gas fees. Following the network congestion, network fees have become horrendous, but we have many options right now. You can either wait for gas prices to drop or ignore it for a while. It is possible to make your priority list with the lowest fees and you can also switch to bsc, sol, etc. Your remark would be like- F*ck ETH and BNB, they are useless until gas fees are resolved.

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Rocky993
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December 01, 2021, 05:35:47 PM
 #20

BNB seems to be walking the path of Ethereum Blockchain day by day.  Because if it continues like this, the way everyone has turned away from the Ethereum blockchain, it will be seen that next time everyone is turning away from the BNB blockchain.
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