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Author Topic: BNB's Gas Fee Is Increasing  (Read 1048 times)

sony khan

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BNB's Gas Fee Is Increasing
« on: August 31, 2021, 05:19:03 PM »
Because of the hike in Ethereum's gas charge, all eyes are on the BNB. When considering the beginning, it's easy to see how the BNB's gas-free status is improving day by day. Despite the fact that I am unsure of the specific cause, I am intrigued.
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BNB's Gas Fee Is Increasing
« on: August 31, 2021, 05:19:03 PM »


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Re: BNB's Gas Fee Is Increasing
« Reply #1 on: August 31, 2021, 06:34:01 PM »
Because of the hike in Ethereum's gas charge, all eyes are on the BNB. When considering the beginning, it's easy to see how the BNB's gas-free status is improving day by day. Despite the fact that I am unsure of the specific cause, I am intrigued.

It's true that BSC hype was started when gas price on ethereum blockchain surged a lot. But few users including me, already knew that gas price in coin will be same, but it'll increase day by day because of the hike in BNB's price. It's not only for binance because other chains like polygon will face this in future even though they're using L2 solutions.
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Re: BNB's Gas Fee Is Increasing
« Reply #1 on: August 31, 2021, 06:34:01 PM »
:)

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Re: BNB's Gas Fee Is Increasing
« Reply #2 on: April 15, 2022, 10:27:14 AM »
Yes I agree with you. As you see, there is a huge impact on the popularity of BNB. Everyone has started liking BNB. But if we look at the  fee other exchanges , then accordingly the BNB is fine till now.

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Re: BNB's Gas Fee Is Increasing
« Reply #3 on: April 16, 2022, 02:28:18 PM »
The reason is because of the increasing demand with unchanged supply, the costs used by developers to pay transaction fees (gas fees) for all activities that occur on this technology will also definitely increase.
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Re: BNB's Gas Fee Is Increasing
« Reply #4 on: April 28, 2022, 02:58:34 PM »
When the demand is increasing the gas fee will go high just like ethereum.. I think we need more network so that we can pay cheap fees to transfer our funds..
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Re: BNB's Gas Fee Is Increasing
« Reply #5 on: May 06, 2022, 05:59:55 PM »
Yes this is normal in all networks but it is too low than Ethereum currently Ethereum gas fee is too high than others , however we can use others chains their gas fee is too low almost zero they are Tron, solona, matic, and ftm I'm using these coins .
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Re: BNB's Gas Fee Is Increasing
« Reply #6 on: June 24, 2022, 09:24:00 PM »
Because of the hike in Ethereum's gas charge, all eyes are on the BNB. When considering the beginning, it's easy to see how the BNB's gas-free status is improving day by day. Despite the fact that I am unsure of the specific cause, I am intrigued.

BNB  gas is always more lower than ERC20.
So, I think BNB gas is not problem for us.
I personally prefer use binance smart chain for my transaction than ERC20
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Re: BNB's Gas Fee Is Increasing
« Reply #7 on: June 29, 2022, 03:25:46 PM »
Because of the hike in Ethereum's gas charge, all eyes are on the BNB. When considering the beginning, it's easy to see how the BNB's gas-free status is improving day by day. Despite the fact that I am unsure of the specific cause, I am intrigued.

That's normal if the gas fee increasing at the time when the traffic is high.
But I think BSC gas fee is so low, If you compare to ERC20.
I still prefer use BEP20.
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legendary1979

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Re: BNB's Gas Fee Is Increasing
« Reply #8 on: July 19, 2022, 06:23:24 PM »
Because of the hike in Ethereum's gas charge, all eyes are on the BNB. When considering the beginning, it's easy to see how the BNB's gas-free status is improving day by day. Despite the fact that I am unsure of the specific cause, I am intrigued.

I think BNB gas fee is always lower than ERC20.
Binance has binance smart chain or BEP20 platform.
It's good platform and lower gas fee
we can use this platform to our transaction

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Re: BNB's Gas Fee Is Increasing
« Reply #9 on: August 02, 2022, 08:47:15 AM »
Because of the hike in Ethereum's gas charge, all eyes are on the BNB. When considering the beginning, it's easy to see how the BNB's gas-free status is improving day by day. Despite the fact that I am unsure of the specific cause, I am intrigued.

I think If the BNB price goes up, we will see the BNB gas fee will go up.
That's normal, because gas free always depending on traffic and the price of coin.

KryptoBull

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Re: BNB's Gas Fee Is Increasing
« Reply #10 on: August 06, 2022, 12:18:19 AM »
The BNB chain ecosystem is becoming more vibrant, the number of transactions is increasing, and gas fees are also increasing. However, gas fees on the BNB chain are still much cheaper than Ethereum. If Merge fails to save Ethereum, users will come and stay with the BNB chain.
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