Post
Topic
Board Altcoin Discussion
Re: ETH Gas transactions price is about to hit 300
by
bitpotter
on 13/08/2020, 12:22:27 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

Since ETH gas transactions increased, I've been away for a while. What is happening now is very unnatural and very detrimental. I don't know when this will end, because I often send tokens to various exchanges obviously this will hinder my work.