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Author Topic: bsc gas fees  (Read 577 times)
Bollexz1
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December 20, 2021, 10:00:23 PM
 #61

I think that was only random generated by the system, of course you can edit to lower gas fee. You just need to find the right button go click on the pop-up page.

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December 22, 2021, 03:20:31 PM
 #62

Some platforms usually do have different costs even though we know the BSC network is normally very cheap. I even paid 0.041 BSC at 1inch. Usually this happens because of the dense transaction on that smart contract. This is normal, back again at a time when smart contracts are not solid you will get cheaper costs.
Even today, there are many other smart contracts that are cheaper and easier to use, so it's not only BSC that has cheap gas costs, if you explore further, there may be many other transactions that have cheaper gas costs than BSC, but the problem is, currently many projects are using cooperation with BSC, besides there is no choice, we are also required to use it, and I still like BSC for now, not only because of the cost of Gas, but their stability is still very stable and increasing.
Yeah that's  true, most of the new platform are going to launch in the Binance Smart Chain even though a lot of old projects are migrating in BSC because of their users demand on BSC. Matic,Solana,Axie these of network too cheap than BSC. But still now how many projects launched in their platform? Not too much.
precisely because of that, Matic, Solana are not as developed as BSC, if many new projects are launched, but use other platforms, then both of them will also not develop fast, the more projects that use the BSC platform, the possibility of developing very quickly, this is what is a debate now, regarding BSC or Ethereum, although many people have their own preferences and references in using it.

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December 22, 2021, 04:30:40 PM
 #63

I think an increase in gas costs from Binance is something that is very normal, because basically the more activity that occurs on the Binance network, the higher the costs that must be spent, right now, the cost is still very low compared to other networks. So complaining is not the right choice, my friend,,,!!!!!

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December 22, 2021, 04:34:45 PM
 #64

Some platforms usually do have different costs even though we know the BSC network is normally very cheap. I even paid 0.041 BSC at 1inch. Usually this happens because of the dense transaction on that smart contract. This is normal, back again at a time when smart contracts are not solid you will get cheaper costs.
Even today, there are many other smart contracts that are cheaper and easier to use, so it's not only BSC that has cheap gas costs, if you explore further, there may be many other transactions that have cheaper gas costs than BSC, but the problem is, currently many projects are using cooperation with BSC, besides there is no choice, we are also required to use it, and I still like BSC for now, not only because of the cost of Gas, but their stability is still very stable and increasing.
Yeah that's  true, most of the new platform are going to launch in the Binance Smart Chain even though a lot of old projects are migrating in BSC because of their users demand on BSC. Matic,Solana,Axie these of network too cheap than BSC. But still now how many projects launched in their platform? Not too much.
precisely because of that, Matic, Solana are not as developed as BSC, if many new projects are launched, but use other platforms, then both of them will also not develop fast, the more projects that use the BSC platform, the possibility of developing very quickly, this is what is a debate now, regarding BSC or Ethereum, although many people have their own preferences and references in using it.

Considering how quick the switch to BSC was, next switches would come quicker. I myself is moving a lot of my holding off BSC mostly because of the transaction fees. Polygon, still a work in progress but has improved a lot recently and have a low fees. Working with solana is a bit confusing as there seem to be multiple platforms but the more competition you have, the more are the opportunities created, mostly for farming established coin pairs.

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December 23, 2021, 08:35:11 AM
 #65

Some platforms usually do have different costs even though we know the BSC network is normally very cheap. I even paid 0.041 BSC at 1inch. Usually this happens because of the dense transaction on that smart contract. This is normal, back again at a time when smart contracts are not solid you will get cheaper costs.
Even today, there are many other smart contracts that are cheaper and easier to use, so it's not only BSC that has cheap gas costs, if you explore further, there may be many other transactions that have cheaper gas costs than BSC, but the problem is, currently many projects are using cooperation with BSC, besides there is no choice, we are also required to use it, and I still like BSC for now, not only because of the cost of Gas, but their stability is still very stable and increasing.
Yeah that's  true, most of the new platform are going to launch in the Binance Smart Chain even though a lot of old projects are migrating in BSC because of their users demand on BSC. Matic,Solana,Axie these of network too cheap than BSC. But still now how many projects launched in their platform? Not too much.
precisely because of that, Matic, Solana are not as developed as BSC, if many new projects are launched, but use other platforms, then both of them will also not develop fast, the more projects that use the BSC platform, the possibility of developing very quickly, this is what is a debate now, regarding BSC or Ethereum, although many people have their own preferences and references in using it.

Considering how quick the switch to BSC was, next switches would come quicker. I myself is moving a lot of my holding off BSC mostly because of the transaction fees. Polygon, still a work in progress but has improved a lot recently and have a low fees. Working with solana is a bit confusing as there seem to be multiple platforms but the more competition you have, the more are the opportunities created, mostly for farming established coin pairs.
It should be so, the more options available, the easier it is for us to use it, but today the problem is, many projects use the BSC network, so there is no other choice but to use it, if there is one then the project is not very successful , which I understand at this time is not a matter of expensive and cheap, but many large projects use the network, then what can we do?

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December 23, 2021, 09:10:36 AM
 #66

Very abnormal. There seems to be an error that the amount of gas is too large. In such cases, we have to re-assure the project that uses the network. As we know, the Binance Smart Chain (BSC) transaction fee is not as expensive as the amount of gas you have to spend. Again, that number is not normal.

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December 23, 2021, 09:15:52 AM
 #67

Some platforms usually do have different costs even though we know the BSC network is normally very cheap. I even paid 0.041 BSC at 1inch. Usually this happens because of the dense transaction on that smart contract. This is normal, back again at a time when smart contracts are not solid you will get cheaper costs.
Even today, there are many other smart contracts that are cheaper and easier to use, so it's not only BSC that has cheap gas costs, if you explore further, there may be many other transactions that have cheaper gas costs than BSC, but the problem is, currently many projects are using cooperation with BSC, besides there is no choice, we are also required to use it, and I still like BSC for now, not only because of the cost of Gas, but their stability is still very stable and increasing.
Yeah that's  true, most of the new platform are going to launch in the Binance Smart Chain even though a lot of old projects are migrating in BSC because of their users demand on BSC. Matic,Solana,Axie these of network too cheap than BSC. But still now how many projects launched in their platform? Not too much.
precisely because of that, Matic, Solana are not as developed as BSC, if many new projects are launched, but use other platforms, then both of them will also not develop fast, the more projects that use the BSC platform, the possibility of developing very quickly, this is what is a debate now, regarding BSC or Ethereum, although many people have their own preferences and references in using it.

Considering how quick the switch to BSC was, next switches would come quicker. I myself is moving a lot of my holding off BSC mostly because of the transaction fees. Polygon, still a work in progress but has improved a lot recently and have a low fees. Working with solana is a bit confusing as there seem to be multiple platforms but the more competition you have, the more are the opportunities created, mostly for farming established coin pairs.
It should be so, the more options available, the easier it is for us to use it, but today the problem is, many projects use the BSC network, so there is no other choice but to use it, if there is one then the project is not very successful , which I understand at this time is not a matter of expensive and cheap, but many large projects use the network, then what can we do?
Yes at this time there are indeed many projects that use the BSC network and that is a good thing for the BSC itself,
BSC network is cheaper in terms of transaction fees than Ethereum network

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December 23, 2021, 01:03:31 PM
 #68

Very abnormal. There seems to be an error that the amount of gas is too large. In such cases, we have to re-assure the project that uses the network. As we know, the Binance Smart Chain (BSC) transaction fee is not as expensive as the amount of gas you have to spend. Again, that number is not normal.
it is normal because safemoon dev did it.
take a look this blockchain transaction
https://www.bscscan.com/tx/0x72244dd1da8e4e73c77ce171def562ad6a3967ae403680dc1998a4593c340fab
gas price on BSC blockchain usually 5 gwei but they set gas limit 434123 for each transaction.

that's what make them expensive
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December 23, 2021, 01:08:26 PM
 #69

Bsc gas fee is affordable for everyone that's why daily thousand of transection on bsc network also due to this mostly project build on bsc network but in future this fee can increase if bsc price pump too much

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December 23, 2021, 02:11:47 PM
 #70

If we look at the data, there is an increase in BSC gas, I think this is reasonable because of the increase in transaction volume from the network, another factor that makes me like BSC is the speed that is still stable, even many experts believe that if the transaction volume increases up to 100x then the BSC is still stable .

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December 23, 2021, 05:57:01 PM
 #71

I think in the present time the bnb ges fee is very less then compare to other coins so that is the main reason is people support and use it will the bsc is a strong coins and the people use bnb in to the Transection because there fee is very less that is great point the bnb rise there price and position day by day .

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December 23, 2021, 06:39:07 PM
 #72


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.

Yes this is the range at which I also aid  and process my BSC transactions using Trust wallet, I don't think the gas fee for Binance smart chain transactions is as high as 0.02 BNB, but I don't really know if other platforms aside from the onece I am using charge high.
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December 24, 2021, 03:07:12 PM
 #73

It should be so, the more options available, the easier it is for us to use it, but today the problem is, many projects use the BSC network, so there is no other choice but to use it, if there is one then the project is not very successful , which I understand at this time is not a matter of expensive and cheap, but many large projects use the network, then what can we do?
this is a natural thing, because they (the developers) want something cheap and bsc is one of the alternatives there.
apart from that, I think this is a pretty reasonable thing because they will definitely do that and here are also a lot of projects that I think are trash due to the low fees there.
As for what to do, there really isn't anything that really has to be done because that is everyone's will. but maybe we can minimize it by looking at what projects we want to follow

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December 26, 2021, 09:00:01 PM
 #74

I think that was only random generated by the system, of course you can edit to lower gas fee. You just need to find the right button go click on the pop-up page.

Yes, in fact that can be done, but I do not know if the effect of reducing the gas rate and editing it believes that the transaction remains on the BSC blockchain and does not arrive, or remains in the air and has to wait a long time , either to reverse it or to cancel it, the same thing happened to me months ago with the ETH network and after 2 months it was when I was able to withdraw the money that was when it arrived at my exchange. However, when we reveal high rates for BNB, it turns out to be a robbery, something that should not be, because they may charge very little for the fees, that is why the Polygon network, Solana are preparing to have the gaming projects with them NFT of the metaverse.

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December 27, 2021, 05:28:27 PM
 #75

It should be so, the more options available, the easier it is for us to use it, but today the problem is, many projects use the BSC network, so there is no other choice but to use it, if there is one then the project is not very successful , which I understand at this time is not a matter of expensive and cheap, but many large projects use the network, then what can we do?
this is a natural thing, because they (the developers) want something cheap and bsc is one of the alternatives there.
apart from that, I think this is a pretty reasonable thing because they will definitely do that and here are also a lot of projects that I think are trash due to the low fees there.
As for what to do, there really isn't anything that really has to be done because that is everyone's will. but maybe we can minimize it by looking at what projects we want to follow
To participate in new projects, we must really know the journey, BSC is an alternative for development in carrying out their current projects, but on the other hand there are many waste projects that they develop, in fact they rarely develop in the future, to minimize it, it is better to choose ethereum-related projects, although the cost of gas is expensive, but the success rate is more promising, I think this is what we must understand now.

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December 28, 2021, 08:00:22 AM
 #76

It is no doubt price of bnb coin is increasing each day and with such increasing demand of low gas fees they are alot of new blockchain launching each day i personally think investing in New bsc chain project with such high gas fees is the problem and that's reason most community member hate to give such huge fees in newly launch project

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January 26, 2022, 06:20:55 AM
 #77

I think this is a very high cost in transakai with bsc, usually the normal cost in a bsc transaction is only 0.00025 with a platform project that provides safemoon it is very high so you have to sell it at a high cost too, never sell it with a high fee because it doesn't match the cost the cut is not normal as usual try to see suggestions from others if there is a solution.

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cliber
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January 30, 2022, 03:33:37 PM
 #78

Very abnormal. There seems to be an error that the amount of gas is too large. In such cases, we have to re-assure the project that uses the network. As we know, the Binance Smart Chain (BSC) transaction fee is not as expensive as the amount of gas you have to spend. Again, that number is not normal.
it is normal because safemoon dev did it.
take a look this blockchain transaction
https://www.bscscan.com/tx/0x72244dd1da8e4e73c77ce171def562ad6a3967ae403680dc1998a4593c340fab
gas price on BSC blockchain usually 5 gwei but they set gas limit 434123 for each transaction.

that's what make them expensive

Right. The source can be seen directly. For now, the cost of Binance Smart Chain (BSC) gas is still affordable because it is in the cheap category compared to Ethereum gas costs. But I believe that BSC gas costs will be high when Binance price increases to near Ethereum price even though BNB and BSC have differences.

repear7
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January 30, 2022, 04:51:27 PM
 #79

As far as I know, there is no need to cut so much net fee. Because I work in BSc network for many days. But till today not so much net fee has gone. It seems impossible to me. It can still be cut because many times there are network problems.
Cornia
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January 30, 2022, 05:30:09 PM
 #80

I have been using BSC network for a long time. I have never charged 0.024635 BNB per transaction. You should change or leave that platform. Because till now the transaction fee of BSC network is much less than other networks.
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