Post
Topic
Board Serious discussion
Merits 1 from 1 user
Re: I can't keep up with the High gas fees
by
Stalker22
on 21/09/2023, 19:55:38 UTC
⭐ Merited by palle11 (1)
When I mention "high gas fees," I'm referring to fees that surpass the current charges imposed by Visa and Mastercard. After all, decentralized finance (DeFi) aims to compete in this space. Is it reasonable to anticipate that individuals investing thousands of dollars should be content with paying tens of dollars in gas fees for each transaction, especially during what we consider "busy" periods?

What do you think would be a solution to this not everyone would be able to keep up with this especially in everyday transactions?

When you mentioned "high gas fees," I assume you are referring to the altcoins network, right? In that case, I think you need to move this topic to Altcoins discussions.

Anyway, this is what I found regarding current transaction fees:



That does not seem too bad. What are the current fees for credit card transactions?