Post
Topic
Board Development & Technical Discussion
Re: Ethereum gas fee
by
BitMaxz
on 20/02/2024, 17:39:01 UTC
Why is it when making some transactions on Eth network the gas fee is always higher than other network?

Gas fees in ETH are pretty stable since after they switch from POW to POS algo due to a huge increase in gas fees last September 2022 so I don't think we can see so much increase in gas fees when making a transaction. However, if you are referring to the gas fee in USD value then it is high due to the recent price increase.

If this is related to exchange when withdrawing ETH or transferring it to another exchange I suggest if you don't want to spend high on fees use other networks with lesser fees but if you are withdrawing it from exchanges to your wallet not a good idea if you are going to use other networks to receive ETH.