Josemendez
Verified member
Most cryptocurrency investors here will agree with me that one of the challenges they have heard in investing in cryptocurrency , especially ethereum and Ethereum based tokens is the issue if gas fee associated with ethereum.
Investors have paid huge amount of money for gas fee on the ethereum network in past years. People pay up to $50 fee for a $20 to $100 transactions , and this has been a challenge for investors.
With the past one month , the price of ethereum gas fee has reduced . People now make ethereum transaction with a gas fee as low as $0.50 as compare to the earlier $50 fee. I made an ethereum transaction on Sunday and I was charge $0.54 fee which to me was surprising.
I was forced to check for further information online and I discovered that a lot of people have experienced such fee. This is indeed goodnews which will make ethereum attracted to Investors once again.
What is your thought on this development in Ethereum network?
Investors have paid huge amount of money for gas fee on the ethereum network in past years. People pay up to $50 fee for a $20 to $100 transactions , and this has been a challenge for investors.
With the past one month , the price of ethereum gas fee has reduced . People now make ethereum transaction with a gas fee as low as $0.50 as compare to the earlier $50 fee. I made an ethereum transaction on Sunday and I was charge $0.54 fee which to me was surprising.
I was forced to check for further information online and I discovered that a lot of people have experienced such fee. This is indeed goodnews which will make ethereum attracted to Investors once again.
What is your thought on this development in Ethereum network?