Cryptocurrency Q&A
Why are fees so high on ETH?
Why are fees so high on ETH?
Maria
Sat Jan 04 2025
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5 answers
1345
I don't understand why the fees on ETH are so expensive. It seems like every time I want to make a transaction, I have to pay a fortune in gas fees. Is there a reason for this?
5 answers
IncheonBlues
Mon Jan 06 2025
During times of heightened demand, the Ethereum network experiences a surge in transactions. This leads to a bottleneck, as the network struggles to process all the requests promptly.
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mia_rose_lawyer
Mon Jan 06 2025
Complex transactions, particularly those involving smart contracts or decentralized applications, require more computational resources. Consequently, they contribute to increased gas fees.
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GeishaWhisper
Mon Jan 06 2025
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the diverse needs of crypto enthusiasts.
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Chiara
Mon Jan 06 2025
Among its offerings, BTCC provides spot trading, allowing users to buy and sell cryptocurrencies at current market prices. It also features futures trading, enabling investors to speculate on the future value of digital assets. Additionally, BTCC offers a wallet service, providing a secure and convenient way to store cryptocurrencies.
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Sebastiano
Mon Jan 06 2025
The ETH gas fee often poses a question to many. One of the primary reasons behind its high cost lies in network congestion.
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