ETH OR BSC

[Henrobakkara]

I see now ethereum gas is very cheap, it's declining like in 2018. But I don't see that BSC will just go down, BSC has a lot of interest and community. I think although the price of ethereum gas is currently cheap, it is possible that because of the current quiet network, if ethereum goes back up the cost of gas will quickly become high. That's what distinguishes it from BSC. BSC remained stable as the price of BNB rose.

Yeah, I understand that the gas fee is down a bit but I wouldn't call that cheap. I paid $20 as fees to transfer from one wallet to another just yesterday and if I were to have done that transaction over at the BSC, it would have cost less than $1. Like some have said, I too don't believe that even if etheru=eun fees comes down projects will move from BSC to Eth unless BSC happens to have a major problem like ETH had.

[kingangel]

Of course BSC, the reason for gas transactions is the most important thing for me, and since gas is expensive then I always switch to other coins such as BNB or TRX, if expensive gas can't be overcome then I'm sure in 2022 ETH will come out of the top 10, Solana, BNB and Polygon will shift ETH.

[nimogsm]

Ethereum is the world's leading programmable blockchain. Binance Smart Chain (BSC) is a blockchain that runs in parallel with Binance Chain.

QUESTION

ethereum the number 2 coin after bitcoin, eth the problem is the gas fee is very high in its exchange, many companies are now switching or using the bsc network (bep 20), because they know that coin/token exchange is very relatively cheap.

ethereum if the cost of gas drops in a few months, BSC remains the number 3 coin as BSC has a huge adoption in the crypto market.

It's just that there will be two main competitors, and where there is competition there is always a better offer.What will come out of this, I think we will find out soon.Commissions in the Ethereum network are declining, but for how long we do not know.

[the ghabbar]

There are two differences between Ethereum and Wee: Bnb gas free is much less and Ethereum gas free is much more. Gas free seems to be much more according to the market.

The two do have differences, it is impossible even for gas costs to be adjusted to the wishes of cryptocurrency connoisseurs, and what is conveyed is relative and almost what many people want, but now the problem is that when Ethereum gas costs continue to increase and are relatively expensive, while BNB is much smaller it is not. too burdensome, conditions like this make many people choose BNB and will affect ethereum in the future, even though ethereum is also developing well.

Currently BNB is more profitable than ethereum, in fact many projects currently available use BNB, the current development of BNB is increasing and growing compared to previous years, gas costs make many people choose BNB at this time in their transactions, so it's not surprising BNB continues to improve and develop.

In general BNB and Ethereum are still very popular among many people today, but because of the difference in gas costs between the two, so BNB is more in demand for now, but for the demand for these two coins are still in a large category, I think that's one of the reasons why people switch, not only because of the cost of gas, but there are other things that affect it, moreover many projects are currently using the BNB network, so there is no choice but to use it.

[K4C]

I think both are the best coin Ethereum and bsc but the main reason is that Ethereum gas fee so high so the people can't arrange money to pay a gas fee .
So they use and support a bsc because there gas fee is very low then compare to etherium .
So in this case Bsc is the best compare to etherium and people full support and use only a bsc.

[mksundip]

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

Ethereum fees are increased for over transaction every time.  and Ethereum gas, on the other hand, has increased relatively little since the launch of Ethereum 2.0. But it will not be stable for long, maybe it will be reduced again in the next few days

This ethereum gas fee is a problem for current ethereum users.  Ethereum fees are indeed unstable, sometimes increasing or decreasing.  but it's still expensive for current ethereum fees compared to BSC fees

[Wildwest]

For now BSC is indeed one of the networks that are currently widely used in making transactions, in addition to cheap gas costs BSC is also fast in making transactions so it is very safe for us to use, and for now many ethereum users who have switched to using BSC because of the very expensive gas costs, then the two networks are currently competing for the best in use in the future, Although later the cost of gas needed is the same, then both networks must always be relied on.

[Amejoaquim]

Right now i prefer BSC instead of ETH. Anyone who tells you otherwise is a whale or someone who doesn't understand ethereum gas fees.. You will lose much of your profit when it's time to cash out if you buy on ETH. Regardless of ETH 2.0...

[kendedese]

I don't know when Ethereum 2.0 will be released because until now I haven't found the real answer. Once Ethereum 2.0 is released and transaction fees on the Ethereum network return to normal, there will definitely be more new projects choosing to enter the Ethereum network. I think Ethereum 2.0 will be a serious threat to Binance Smart Chain (BSC).

[Quantum907]

Of course I choose BSC, BSC network is very fast compared to ETH, I once sent ETH tokens which cost around $44 and it took 15 minutes to reach 8 confirmations, whereas sending BNB tokens costing 15 cents only took 20 seconds to reach 10 confirmations.

[MFahad]

Bsc network is very cheap and easy. Every one can create contract here. Many new small projects and even big use BSC network. Bsc fee is very low compare to Etherium. Meme coins often launch through Bsc network.
Bsc network is very good and indeed now famous in all over the world. A mew comer also know Bsc network and use pancakeswap.

[globalpain]

Bsc network is very cheap and easy. Every one can create contract here. Many new small projects and even big use BSC network. Bsc fee is very low compare to Etherium. Meme coins often launch through Bsc network.
Bsc network is very good and indeed now famous in all over the world. A mew comer also know Bsc network and use pancakeswap.

Basically the two networks between ETH and BSC have their respective advantages and disadvantages,
but here I prefer the BSC network because as you explained above that the transaction fee is much cheaper than ETH,
I think this is an important consideration and maybe that is the reason why today many people are using the BSC network

[BigBos]

Bsc network is very cheap and easy. Every one can create contract here. Many new small projects and even big use BSC network. Bsc fee is very low compare to Etherium. Meme coins often launch through Bsc network.
Bsc network is very good and indeed now famous in all over the world. A mew comer also know Bsc network and use pancakeswap.

for a new project, it seems quite difficult if they use Chain ETH at this time. That's because the fees are high. people will think of a cheap way of transacting for now compared to using ethereum. BSC and MATIC are the most common alternatives I have encountered, but this seems to dominate over BSC. besides that, I also see comments that people tend to choose BSC over ETH, and currently, I also use BSC more than ETH.

[Sebas.tian]

Ethereum gas fee is too higher for many customers to make a good profit from their investment. Many investors still prefer to invest with ethereum just that the gas fee is too higher but if the gas fee can reduce like binance many customers will prefer it than binance investment in the community.
Ethereum investment is still the best to invest in this season of celebration because the gas fee is about to reduce more than binance gas fee which will really attract many investors in this season. Ethereum is good for long term investment and it hard to miss your income at the end of your investment.

[the ghabbar]

Of course I choose BSC, BSC network is very fast compared to ETH, I once sent ETH tokens which cost around $44 and it took 15 minutes to reach 8 confirmations, whereas sending BNB tokens costing 15 cents only took 20 seconds to reach 10 confirmations.

BNB has also happened like that, both of them have had problems, but gas costs are a concern for many people, for now I also believe BNB is much better for us to use, than the ethereum network which is still expensive in terms of gas costs, so it's definitely mostly people are choosing BNB for now.

[sammy21]

One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

I wouldn't say that BSC would be a better choice than ETH, if you look closely, ETH has had problems with fees for a long time, but the fact is that ETH remains the top altcoin, actually BSC and ETH have their respective devotees. The community is very large, this can be a major factor in the survival of a coin in the crypto market.

[Republikcoin.com]

Right now i prefer BSC instead of ETH. Anyone who tells you otherwise is a whale or someone who doesn't understand ethereum gas fees.. You will lose much of your profit when it's time to cash out if you buy on ETH. Regardless of ETH 2.0...

Looks like you need more understanding about this because buying ETH doesn't mean you have to store it in an ETH wallet as well which can result in a very large amount of entry and withdrawal fees, because if it's only for a short term or not so long you can still store it on popular exchanges like Binance and the like, in that it's also secure although not completely, but if you're just relying on a wallet to store lots of good coins, then definitely BSC is a very good choice for now.

[Kodok Bencot]

For now almost all my cryptocurrencies assets are from BSC, of course because of the very expensive transaction fees from ETH that made me switch assets to BSC, and some projects have also switched to BSC so they send tokens to my wallet on the BSC network.

[TheListener]

Both coin are best and future for this project is very bright now eth already too much high but bnb in buying range so I recommend buy bnb and hold for big return

[aquafinewater]

Eth is the second top coin and already give us a great benefit but now eth price is not affordable for everyone but bnb is now in reasonable price so better is to buy bnb and hold it they give a great return like ETH