Post
Topic
Board Altcoin Discussion
Re: Different Ethereum token = different fees?
by
disconnectme
on 28/04/2021, 21:21:26 UTC
I've been trying to send some NFTX recently and both Metamask and Ledger Live keep quoting me around $40. This is at a time when TXs are about $10-15 each. If I pretend to send some Chainlink it quotes me $10.

So my question is this: Why do different tokens cost more or less? I'm assuming that the fee is the same regardless of the value of the tokens being sent.

Just to clarify, I'm just doing a standard TX to gate.io, I'm not using Uniswap where there would be a premium for lesser-known tokens.

It depends on the smart contract, some contracts are complex than each other, so those complex ones need less gas to get executed, most NFT's smart contracts are more complex than normal code and this is the reason why the gas price is usually higher than normal like if you are moving a stable coin