Post
Topic
Board Beginners & Help
Re: Why is the gas price so high on Ethereum?
by
Taskford
on 19/04/2021, 09:26:21 UTC
Why is the Gas price to send ETH so astronomically high nowadays. I've been reading threads here where people are complaining about high gas prices. Why the transaction cost is set so high? Wasnt ETH supposed to provide us with a faster and cheaper alternative than traditional banking?

Your question has been answered already by many forum users but to make you understand better click this article since you can read here the explanation on why fees are so high especially with ethereum network also there is a recommendations written https://community.trustwallet.com/t/why-is-my-eth-transaction-fee-so-high/30604

If you like low fees transaction better to use other altcoins since this is mostly people do to avoid fees example ideal alts right now is trx,xrp and doge.