Post
Topic
Board Altcoin Discussion
Re: ETH Gas transactions price is about to hit 300
by
casperBGD
on 13/08/2020, 11:51:20 UTC
Quote
Gas fees for Ethereum transactions are currently quite high. We have to pay 0.005 for each transaction. Maybe for Ethereum transactions it can still be done with this high gas fee. We know that Ethereum is the most widely used platform for smart contracts. So that token transactions on the Ethereum platform cost quite a lot of money.

I have never seen such a high gas fee before though, i got charged $12 for a transaction lastnight again

what kind of transaction did you made, something including smart contract perhaps
fees are too high, and it is not viable, but i have sent ETH yesterday two times, and paid less than a $1 for each transaction, although i think that $1 is too much, for $12 would not do it at all