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Topic: ETH OR BSC - page 7. (Read 1626 times)

sr. member
Activity: 840
Merit: 255
SportsIcon - Connect With Your Sports Heroes
December 10, 2021, 04:32:13 PM
Ether is most well known and have tremendous organize numerous coins on Ether organize but actually i am enormous fan of BNB and BSC network,already has its claim chain and has pulled in a part of fans of late, over the past few months numerous stages are utilizing the binance savvy chain arrange when exchanging with moo gas costs a part of individuals are inquisitive about bsc, ETH gas fe is as well high and newbies indeed cant manage it.Commercial utilize of the ether is favorable but indivdually BSC arrange is driving.
full member
Activity: 1946
Merit: 112
December 10, 2021, 12:22:13 PM
One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

I believe that if the commissions in the Ethereum network become low, at least at the level of commissions in the BSC network, then it is likely that the interest in ETH will grow even more. The fact is that Ethereum has a larger ecosystem than BSC, which means it has more resources to get more success. But if high commissions in the Ethereum network persist, then ETH will lose its position in the market, as many crypto companies will either switch to BSC or become multi-chain. That will allow you to maneuver between different blockchain systems.
full member
Activity: 1162
Merit: 106
December 10, 2021, 11:41:34 AM
There is no reason for me to choose ETH, the crazy gas costs make me hope that ETH will soon be worth zero, while BSC is a good and promising network because of low transaction fees and of course better speeds than ETH,.
member
Activity: 1027
Merit: 11
December 10, 2021, 11:26:35 AM
ETH and BNB have their own advantages and disadvantages, so many people use these two altcoins for investment, the ETH network is good for those with tens of dollars in assets, and nowadays the binance network is used by everyone, both large and small assets,  because the binance network has very small gas fees compared to the etherem network, that's why binance is highly recommended by everyone, I personally also really like binance, because in my opinion it is more profitable in terms of transaction fees.
sr. member
Activity: 1190
Merit: 250
December 10, 2021, 11:15:01 AM
I used to like trading and swap tokens on Uniswap, but when the transaction fees were very expensive then now I switched to BSC, and this is what makes me optimistic that one day the price of ETH will drop soon.
sr. member
Activity: 742
Merit: 250
December 10, 2021, 11:02:57 AM
I like Ethereum but now I don't like it much because it's more gas free I think it's more because when it comes to gas free I will use it as before but I am using less Etherium now

Right, the expensive gas fees have kept me inactive for almost 6 months with ETH, really annoying because I have a balance of 12 ETH tokens around $850, when I want to send them to exchanges it takes a transaction fee of more than $35, we can only wait for the ETH team to come ETH 2 release soon.
Me too, in my MEW wallet there are quite a few ERC20 tokens, but transferring them is a difficult problem when the gas fee is too high, there are times when the gas fee exceeds the value of that token. As you said, this is really annoying, a lot of newbie to the crypto market find it difficult to use the ETH network when the transaction fees are too high. Hopefully in the future, this issue will be improved
sr. member
Activity: 1484
Merit: 254
December 10, 2021, 10:28:30 AM
I like Ethereum but now I don't like it much because it's more gas free I think it's more because when it comes to gas free I will use it as before but I am using less Etherium now

Right, the expensive gas fees have kept me inactive for almost 6 months with ETH, really annoying because I have a balance of 12 ETH tokens around $850, when I want to send them to exchanges it takes a transaction fee of more than $35, we can only wait for the ETH team to come ETH 2 release soon.
member
Activity: 252
Merit: 10
December 10, 2021, 09:57:47 AM
I like Ethereum but now I don't like it much because it's more gas free I think it's more because when it comes to gas free I will use it as before but I am using less Etherium now
member
Activity: 1041
Merit: 25
Trident Protocol | Simple «buy-hold-earn» system!
December 10, 2021, 09:42:15 AM
One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

If ethereum gas fee goes lower, then it's good for everyone. BSC will remain the same of course, many people already used it because of cheaper transaction fee. So far for Ethereum only those with a lot of eth or dollar can make transaction under ethereum.blockchain . But if ever those different blockchain has both cheaper fees , then people will free to use what they prefer to use everytime they will make transaction.
member
Activity: 534
Merit: 19
December 10, 2021, 09:41:20 AM
One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
Eth isn't for the general public. Its high fees are absurd that it needs you 50$ just for a swap in their Dex and even 20$ just for sending your tokens. Bsc dex in the other hand cost around less than a $ per transaction. A well balanced compared to eth but skeptical due to its centralisation. So in short, Id choose Matic over the two.
full member
Activity: 1292
Merit: 101
Vave.com
December 10, 2021, 08:52:21 AM
It's a good question but if eth stays the course there is no way to sustain token prices on their chain with those gas fees.  In a bull market sure no one cares when they are making money hand over fist but in a bear market when those fees will eat you up, it will drop really quick.
However, I think in a bear market or a bull market, fees are always something to pay attention to. even when the price goes up, the fee for etherem also increases, even very high. to be honest, for now, I'm using BSC more than ETH. maybe some people still use ETH because they have a large amount of assets so they don't really care about fees. however, for small traders, I think it is very burdensome for them.
Its true that he who a have huge amount of asset use the eth chain they really don't care about the gas .Actually the fee has increased for huge transaction occurred .We all know that the eth chain are popular and they still depend on it but now the trend are looking into different chain .We have seen that BSC ,Sol are become more popular .You said you are using BSC and most of the investor who are starting use these change which are really cost less fee .Hope eth dev will do something better to decrease the fee if they have any chance to do like this .At the end crypto are become more popular that's why the transaction are increasing daily .Hope we will find more solution in near future to avoid huge fees .
full member
Activity: 1078
Merit: 111
December 10, 2021, 08:28:41 AM
One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?
i think i I avoid using ETH chain as long as possible and BSC is ok for me.
but it doesn't mean that i wont hold/buy ETH. just their fees are making me not to use them often
sr. member
Activity: 1582
Merit: 279
PredX - AI-Powered Prediction Market
December 10, 2021, 01:52:25 AM
For now many users of the ethereum network switch to using BSC, and this is a result of the high price of gas that must be incurred when making transactions, since this happens many investors who have used the BSC network because of the very cheap gas costs and transactions used are also very fast, if later the price of gas on the erc-20 network again decreases then I am sure both networks will certainly always be relied on and investors will not leave the network. BSC just like it happened with DEX, so in the future we will see how the competition between the two networks.
jr. member
Activity: 394
Merit: 1
XEGGEX
December 10, 2021, 01:47:57 AM
ethereum and binance smartchain are the top coins having high capacity in crypto market, only one of them is ethereum gas fee is very high, then some companies switch to BSC because of the relatively low exchange fee, both coins have their respective advantages, invest here is very good and the risk level is very low.
            
jr. member
Activity: 230
Merit: 1
December 10, 2021, 12:50:14 AM
Ethereum is still a big brother to binance smart chain. Despite the fact that BSC seems to be more economical in terms of transaction fee. Ethereum still has more projects built in the platform than BSC. I must confess that BSC is doing great and has contributed substantially to easing the burden of high transaction fee.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
December 09, 2021, 11:56:16 PM
It's a good question but if eth stays the course there is no way to sustain token prices on their chain with those gas fees.  In a bull market sure no one cares when they are making money hand over fist but in a bear market when those fees will eat you up, it will drop really quick.
However, I think in a bear market or a bull market, fees are always something to pay attention to. even when the price goes up, the fee for etherem also increases, even very high. to be honest, for now, I'm using BSC more than ETH. maybe some people still use ETH because they have a large amount of assets so they don't really care about fees. however, for small traders, I think it is very burdensome for them.
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
December 09, 2021, 03:42:14 PM
Today I decided to go to the ETH network and trade on Uniswap, I realized that I no longer want to be in this network, I spent about $ 130 for several transactions, while I had one unsuccessful for $ 46 just a nightmare.
It's been always like that since last year on uniswap after the airdrop and probably it's not only on that platform that suffers of how high the transaction fees are. One of the main reason I stopped using ETH network for a while because it's just silly to think that you need to pay 3X amount of fees just for small amount of transaction. Hopefully they can fix the how big the fees for ETH later.
legendary
Activity: 3752
Merit: 1415
December 09, 2021, 03:32:09 PM
One of the reasons why binance savvy chain gets to be this enormous right presently is since ethereum gas expense is exceptionally tall and this constrain a few ventures to switch to BSC but what do you think will happen once ethereum gas expense goes lower in close few months? Will BSC confronted same destiny as binance DEX? Or BSC will stay the way better choice over ethereum?

It's a good question but if eth stays the course there is no way to sustain token prices on their chain with those gas fees.  In a bull market sure no one cares when they are making money hand over fist but in a bear market when those fees will eat you up, it will drop really quick.
full member
Activity: 1092
Merit: 105
Sugars.zone | DatingFi - Earn for Posting
December 09, 2021, 03:20:20 PM
Today I decided to go to the ETH network and trade on Uniswap, I realized that I no longer want to be in this network, I spent about $ 130 for several transactions, while I had one unsuccessful for $ 46 just a nightmare.Then I went to the BSC network and made dozens of transactions paying about $ 3.So today the choice is obvious for BSC.
hero member
Activity: 2268
Merit: 669
Bitcoin Casino Est. 2013
December 09, 2021, 03:10:47 PM
I like bsc right now as it is more cheaper fee for having transactions compared to ethereum but soon ethereum's fee will decrease just like before where the fee is very low and many used it but stilll this time there are lots of people who use ethereum. For me, I stick for bsc for sending but I accept eth as payment and sometimes fee for sending.
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