MultiversX Tracker is Live!

Are high Ethereum gas fees a joke?

Etherum Reddit

More / Etherum Reddit 294 Views

I'm an ETH hodl investor and don't do much transferring and/or exploring Ethereum Dapps. So, my only encounter with Ethereum gas fees has been social media where people will say things about network congestion and unbelievable gas fees. Today, out of curiosity, I went and figured out how many gwei 1 ETH is, and how much the gas fees are in USD. It's a tiny transaction fee!

Is this some kind of running gag in the Ethereum community to make a big deal of it?

EDIT: Sorry fam, I was looking at Gas Price in gwei β€” not Gas Fees, and Gas Fees = Gas Price * Gas Units. The EVM costs are pretty crappy.

submitted by /u/howlermonchie
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments