bsc gas fees - page 3. | Bitcointalksearch.org

terrorJR

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Quote from: Mamun74 on December 13, 2021, 02:28:16 PM

I think BSC network gas fee limited for small trader and every transaction gas fee too low. BSC gas fee still favourite and per transaction under 15-20 cent that's cool. But ETH gas fee is Very high recently. I Think ETH they update 2.0, and solved gas fee problem. I'm now usually Using VSC network, i think they are more development in future.

the price of coins also indirectly makes gas prices change and it is possible that if BSC like ETH is currently not impossible, their BSC gas will experience a significant increase as well when their prices skyrocket.
Actually, I think that for gas, the traders want very small things, but indeed things like this are also quite vulnerable, because the cheaper the gas is, the bigger the fraud will be and the more fraud will occur.

Mamun74

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I think BSC network gas fee limited for small trader and every transaction gas fee too low. BSC gas fee still favourite and per transaction under 15-20 cent that's cool. But ETH gas fee is Very high recently. I Think ETH they update 2.0, and solved gas fee problem. I'm now usually Using VSC network, i think they are more development in future.

Snappycoco

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Quote from: forestx on November 12, 2021, 08:50:59 AM

I have some safenoon I bought at its peek sitting in my Metamask learned about bscprojects.live and though about investing. Risky yes but it wasnt much safemoon and wanted to try the platform.
I attempted to get up the funds and thought it went through but doesnt appear to have also when I go to try again I am told gas fees are 0.024635BNB which seems high. Like one of the main selling points behind bsc chain was low gas fees. Is this a normal amount to pay

I have never encountered this kind of high gas fees either for swaps, providing liquidity or sending coins. All of my recent transactions costs almost a dollar only and nothing goes beyond it unlike eths. Well, some members accused this site to be suspicious so I guess its better to keep out. It could even be a phishing site and not just .0246 BNB fould be lost if you don't take extra precautions. Beware.

bakasabo

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I agree with Mpamaegbu. The picture Ngewex Yuk drew is unrealistic. Yesterday I've paid 87 cents for swap on pankeswap. Previously I clearly remember that I've paid 30 cents, 15 and 7 cents for swaps. It might be that the price paid for swap depends from the contract of token, but an overall picture is horrible. The fees are growing in BSC network. And if we count the cost of BNB and ETH (which is 8:1), then roughly the fees of $3 that Mpamaegbu paid equals $24 if the transaction would be on Ethereum. That is not far from what people pay not for an Ethereum token swap.

Mpamaegbu

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Quote from: Ngewex Yuk on December 13, 2021, 09:52:52 AM

I think the BSC gas fee is still realistic, which is around 15 cents, the most important thing of course is the transaction speed, maybe currently it is decreasing due to the increasing transaction volume, but getting 10 confirmations is still fast, which is around 2 minutes.

How realistic can it be? The picture you painted there isn't the true position of things actually trading on DApps this day. I have had to pay around $3 to swap tokens on Pancakeswap using Trust Wallet. The 15 cents fee you mentioned might have been a long time before BSC became popular and much sort after as it's now. I understand what is causing all that, it's the natural law of demand and supply playing out on the recent high fees. However, that isn't even the whole thing. The high percentage on slippage on DApps isn't making trading through them encouraging. It used to be 0.05% or less on slippage in the past, but now it goes as high as 15%. It's absurd, really.

Anonylz

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Quote from: forestx on November 12, 2021, 08:50:59 AM

I have some safenoon I bought at its peek sitting in my Metamask learned about bscprojects.live and though about investing. Risky yes but it wasnt much safemoon and wanted to try the platform.
I attempted to get up the funds and thought it went through but doesnt appear to have also when I go to try again I am told gas fees are 0.024635BNB which seems high. Like one of the main selling points behind bsc chain was low gas fees. Is this a normal amount to pay

Sometimes it could be network related issue, I would suggest you try again in few hours whenever you experience such a situation, I have encountered such a situation too, the transaction fees were way too high than the usual fees from bsc so I wait a bit and try again it calculated the actual transaction fee, you should try.

Ngewex Yuk

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I think the BSC gas fee is still realistic, which is around 15 cents, the most important thing of course is the transaction speed, maybe currently it is decreasing due to the increasing transaction volume, but getting 10 confirmations is still fast, which is around 2 minutes.

riskarcher

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Quote from: Devifajarina on December 03, 2021, 05:09:49 PM

Quote from: Kodok Bencot on December 01, 2021, 11:05:06 PM

Gas bsc continues to increase even though it is very small, I often swap on Pancake and Apeswap, I often notice that now it takes around 0.0015 BNB for swap, but I think what we pay with BNB is appropriate because the transaction speed is still stable, this is different from ethereum, I sent $120 worth of tokens it cost around $45 and it took almost 3 hours to get 10 confirmations.

For now, I think the gas at BNB is still very standard, even if we swap it, it's not that big of a gas that we have to pay, the transaction speed at BNB is still relatively safe and fast, so it doesn't take long to wait for our swap do, that's why BNB is currently growing and becoming a solution for anyone in doing swaps.

Binance Smart Chain going a bit slow (though my last few transactions I don’t find any wrong) because of huge traffic in their network and I think that also affected in gas fees gradually increasing But still users getting a lot of advantages in this network comparatively Ethereum network.

BNB has become the best solution in handling transactions between exchange bridges or swap fees and many blockchain developers have used this network because it is already in great demand, it is only a matter of time until BNB dominates the Etherum network.

LUCKMCFLY

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Quote from: Devifajarina on December 07, 2021, 03:51:06 PM

Quote from: tvplus006 on December 03, 2021, 06:25:04 PM

Quote from: Devifajarina on December 03, 2021, 05:09:49 PM

For now, I think the gas at BNB is still very standard, even if we swap it, it's not that big of a gas that we have to pay, the transaction speed at BNB is still relatively safe and fast, so it doesn't take long to wait for our swap do, that's why BNB is currently growing and becoming a solution for anyone in doing swaps.

I cannot agree with you, since recently there have been delays in sending in the BSC network, which is associated with an increased load. This in turn leads to an increase in the transaction fee. And although the price per transaction in the BSC network is very low compared to the Ethereum network, it is already inferior to such blockchains as Matic and Solana.

I have not heard the case, or maybe I missed the information, what I like about BSC transaction fees are still in the standard category, although Matic and Solana are still very cheap, but many projects are working with the current BSC network , maybe the delivery delay is the maintenance system carried out BSC, but if it could be resolved quickly, no too big a problem would arise in my view.

On December 8 there was a diffurcation of ETH, did anyone experience the change? Someone tried to make a transaction on the ETH network? I have been a bit far from the ETH network or from projects that have to do with the ETH network, since in the last Project I spent approximately 200 USD in fee, the truth seemed to me very expensive, if they lower the price it would be a fork or acceptable update. For now, the BSC network is still very good in terms of fee, the Solana network has not yet entered the metaverses with intensity, I am sure that as soon as they enter it will be something else.

Devifajarina

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Quote from: tvplus006 on December 03, 2021, 06:25:04 PM

Quote from: Devifajarina on December 03, 2021, 05:09:49 PM

For now, I think the gas at BNB is still very standard, even if we swap it, it's not that big of a gas that we have to pay, the transaction speed at BNB is still relatively safe and fast, so it doesn't take long to wait for our swap do, that's why BNB is currently growing and becoming a solution for anyone in doing swaps.

I cannot agree with you, since recently there have been delays in sending in the BSC network, which is associated with an increased load. This in turn leads to an increase in the transaction fee. And although the price per transaction in the BSC network is very low compared to the Ethereum network, it is already inferior to such blockchains as Matic and Solana.

I have not heard the case, or maybe I missed the information, what I like about BSC transaction fees are still in the standard category, although Matic and Solana are still very cheap, but many projects are working with the current BSC network , maybe the delivery delay is the maintenance system carried out BSC, but if it could be resolved quickly, no too big a problem would arise in my view.

mumang siat

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Quote from: SUPERSAIAN on December 03, 2021, 07:25:52 PM

Quote from: mumang siat on December 03, 2021, 05:21:52 PM

Quote from: forestx on November 12, 2021, 08:50:59 AM

I have some safenoon I bought at its peek sitting in my Metamask learned about bscprojects.live and though about investing. Risky yes but it wasnt much safemoon and wanted to try the platform.
I attempted to get up the funds and thought it went through but doesnt appear to have also when I go to try again I am told gas fees are 0.024635BNB which seems high. Like one of the main selling points behind bsc chain was low gas fees. Is this a normal amount to pay

I think for BSC it's perfectly normal for gas costs at this point, but I've also heard from people that when a swap is made on a particular coin it will automatically have to share the Fi, but I haven't studied further whether the fi is based after swapping or not. indeed before, considering the usual swap on the BSC smart chain is still in the cheap category.

I wonder when was the last time you traded on the bsc network. Transactions hang and the network comes to a standstill in some hours, no matter how much gas I increase. The bsc network has started to get so much load, they should get rid of the heavy load problem with an urgent update. If they're aiming to be an Alternative to Ethereum, they should get it done quickly. Otherwise, why would people prefer the bsc network?

Or there will be a tendency to other alternative networks. like avax,matic and cosmos.

Currently, many projects are collaborating with the BSC network, thus forcing us to use the network, because most bounty participants get prizes and make exchanges on the network, indeed for now trading on the BSC network is easier and cheaper, compared to other networks, but the big burden you mentioned should also be maximized in the near future, so that the alternative to using the network becomes the best choice for people.

SUPERSAIAN

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Quote from: mumang siat on December 03, 2021, 05:21:52 PM

Quote from: forestx on November 12, 2021, 08:50:59 AM

I have some safenoon I bought at its peek sitting in my Metamask learned about bscprojects.live and though about investing. Risky yes but it wasnt much safemoon and wanted to try the platform.
I attempted to get up the funds and thought it went through but doesnt appear to have also when I go to try again I am told gas fees are 0.024635BNB which seems high. Like one of the main selling points behind bsc chain was low gas fees. Is this a normal amount to pay

I think for BSC it's perfectly normal for gas costs at this point, but I've also heard from people that when a swap is made on a particular coin it will automatically have to share the Fi, but I haven't studied further whether the fi is based after swapping or not. indeed before, considering the usual swap on the BSC smart chain is still in the cheap category.

I wonder when was the last time you traded on the bsc network. Transactions hang and the network comes to a standstill in some hours, no matter how much gas I increase. The bsc network has started to get so much load, they should get rid of the heavy load problem with an urgent update. If they're aiming to be an Alternative to Ethereum, they should get it done quickly. Otherwise, why would people prefer the bsc network?

Or there will be a tendency to other alternative networks. like avax,matic and cosmos.

tvplus006

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Quote from: Devifajarina on December 03, 2021, 05:09:49 PM

For now, I think the gas at BNB is still very standard, even if we swap it, it's not that big of a gas that we have to pay, the transaction speed at BNB is still relatively safe and fast, so it doesn't take long to wait for our swap do, that's why BNB is currently growing and becoming a solution for anyone in doing swaps.

I cannot agree with you, since recently there have been delays in sending in the BSC network, which is associated with an increased load. This in turn leads to an increase in the transaction fee. And although the price per transaction in the BSC network is very low compared to the Ethereum network, it is already inferior to such blockchains as Matic and Solana.

mumang siat

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Quote from: forestx on November 12, 2021, 08:50:59 AM

I have some safenoon I bought at its peek sitting in my Metamask learned about bscprojects.live and though about investing. Risky yes but it wasnt much safemoon and wanted to try the platform.
I attempted to get up the funds and thought it went through but doesnt appear to have also when I go to try again I am told gas fees are 0.024635BNB which seems high. Like one of the main selling points behind bsc chain was low gas fees. Is this a normal amount to pay

I think for BSC it's perfectly normal for gas costs at this point, but I've also heard from people that when a swap is made on a particular coin it will automatically have to share the Fi, but I haven't studied further whether the fi is based after swapping or not. indeed before, considering the usual swap on the BSC smart chain is still in the cheap category.

Devifajarina

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Quote from: Kodok Bencot on December 01, 2021, 11:05:06 PM

Gas bsc continues to increase even though it is very small, I often swap on Pancake and Apeswap, I often notice that now it takes around 0.0015 BNB for swap, but I think what we pay with BNB is appropriate because the transaction speed is still stable, this is different from ethereum, I sent $120 worth of tokens it cost around $45 and it took almost 3 hours to get 10 confirmations.

For now, I think the gas at BNB is still very standard, even if we swap it, it's not that big of a gas that we have to pay, the transaction speed at BNB is still relatively safe and fast, so it doesn't take long to wait for our swap do, that's why BNB is currently growing and becoming a solution for anyone in doing swaps.

Kodok Bencot

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Gas bsc continues to increase even though it is very small, I often swap on Pancake and Apeswap, I often notice that now it takes around 0.0015 BNB for swap, but I think what we pay with BNB is appropriate because the transaction speed is still stable, this is different from ethereum, I sent $120 worth of tokens it cost around $45 and it took almost 3 hours to get 10 confirmations.

hodlftw

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It may be the project you are trying to get into. Some contracts are really poorly written and that could cause it. Most of my Bsc fees were no more than 0.001 for the past few days but one contract wanted 0.04 each and every time I interacted with it. Weird, but I have seen the same thing when trying to send ERC-20 tokens.

beerlover

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I assume that gas fee for BSC will be able to drop ver yeasily, it doesn2t require the hard work that ETH needs to do in order to drop. If Binance decides that they will add in 100 more validators of their own, increase the server structure and then suddenly we are capable of doing 5x faster. That's all it needs, there is nothing that would be very complicated for binance to handle and it would be very easy for all of us as well.

ETH has a different problem, even if you want to, you can't change anything and that means gas fee will stay like that. The upside for ETH is that, it means they are decentralized and nobody could change it, even for good, whereas binance is capable of making it better very easily which is good, but it means centralization. So things are not the same there, I would assume that decentralization is much better even when you are paying higher gas fee.

Devifajarina

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Quote from: forestx on November 12, 2021, 08:50:59 AM

I have some safenoon I bought at its peek sitting in my Metamask learned about bscprojects.live and though about investing. Risky yes but it wasnt much safemoon and wanted to try the platform.
I attempted to get up the funds and thought it went through but doesnt appear to have also when I go to try again I am told gas fees are 0.024635BNB which seems high. Like one of the main selling points behind bsc chain was low gas fees. Is this a normal amount to pay

The cost of BNB gas is indeed equivalent to what you say, when making an exchange that must involve sweeping, then you should really know that it is a good coin, so that the gas you spend is not wasted, even though the cost of gas is not too expensive in comparison with other exchanges, and I think it's still in the normal category for BNB gas exchanges at this point, in fact almost a lot of smart contracts use it.

Rahman11

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The gas fees usually cost around 0.0007 to 0.0010 BNB depending on the transaction, however certain transactions such as claiming experience can be higher depending on the numerical data involved. Combat gas fees are listed at 0.0025, however that is just a maximum amount that the player may pay.
Your mentioning fee absolutely not normal.

Topic: bsc gas fees - page 3. (Read 562 times)