Cryptocurrency Q&A Why is swapping on ETH so expensive?

Why is swapping on ETH so expensive?

Raffaele Raffaele Sun Dec 29 2024 | 7 answers 1448
I've been trying to swap tokens on the Ethereum network, but the fees are really high. I don't understand why it costs so much to perform a simple swap on ETH. Can someone explain the reasons behind this? Why is swapping on ETH so expensive?

7 answers

CryptoWizardry CryptoWizardry Tue Dec 31 2024
The high fee associated with transferring money using Ethereum can be quite perplexing.

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Riccardo Riccardo Tue Dec 31 2024
The reason behind this is the fluctuation in Ethereum's (ETH) transaction fees.

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CryptoAlly CryptoAlly Mon Dec 30 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of crypto enthusiasts.

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BusanBeautyBloom BusanBeautyBloom Mon Dec 30 2024
These fees tend to rise when the Ethereum network experiences higher traffic.

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KabukiPassion KabukiPassion Mon Dec 30 2024
This increase in traffic is often due to a surge in the number of people engaging in various transactions.

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