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  2. Cryptocurrency Ecosystem
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  4. Ethereum losing the one important attraction

Ethereum losing the one important attraction

charlielee
2022-10-21 09:54:42

We are all aware about the tremendous gas fee of Ethereum.

For example: The withdrawal of 24,000 pcs of tokens with equivalent of 25$ and the gas fee to be paid is 30$ is not right.

If the high gas fee of Ethereum won't be solve by the team, I think one day BNB will overtake Eth. Since there are huge users of ERC 20 that are still waiting for the solution and yet it takes so long. There is a tendency that more and more erc 20 users will migrate to BSC.

Post Reply  
dianasmith
2022-10-21 09:55:30
Ethereum gas fees is now a tremendous problem for the crypto users specially small users. In every transaction, you have to pay $20-$100 and if you want to make swap in uniswap and other swaps sometimes, you have to pay more than $120. Can you imagine the fatal impact on the mind of the users?
That's why new projects are coming on BSC and old many project are migrating to BSC for avoiding this issue. YOu will be surprised that two days ago,  Pancakeswap made 2M transactions where whole Ethereum network made only 1.5M transactions in the 24 hours.