Post
Topic
Board Altcoin Discussion
Re: Ethereum fees are becoming like Bitcoin fees
by
Kupid002
on 29/07/2020, 10:01:19 UTC
Lately ETH fees have increased and I have been paying ~50 cents for a normal ETh transaction, but then - $1 for contract functions. Used to be a few pennies at most to get your transaction confirmed quickly and now it's $1+.
possible thing  that's why its happen because ETH will now moving to POS , if you are not in hurry wait for them to officially announce the  launch of ETH 2.0 and that day start transferring again your money so you will not have experience problem in transaction. In other possible reason is maybe it's because of large adoption of defi project that why ETH platform is congested and its need to increase your fees if you want to confirm your transaction faster.