-
Bitcoin
$99,031.39
0.95% -
Ethereum
$3,286.74
-1.69% -
Tether USDt
$1.00
-0.04% -
Solana
$254.61
0.49% -
BNB
$625.23
0.71% -
XRP
$1.45
24.12% -
Dogecoin
$0.4022
4.71% -
USDC
$0.9997
-0.01% -
Cardano
$0.9820
24.20% -
TRON
$0.2014
1.41% -
Avalanche
$40.61
13.57% -
Shiba Inu
$0.0...02502
2.06% -
Toncoin
$5.46
-0.11% -
Stellar
$0.3458
42.05% -
Sui
$3.47
-3.47% -
Polkadot
$6.42
10.14% -
Bitcoin Cash
$493.32
2.23% -
Chainlink
$15.36
3.86% -
Pepe
$0.0...02031
-1.27% -
UNUS SED LEO
$8.49
-4.08% -
NEAR Protocol
$5.74
1.31% -
Litecoin
$90.52
2.64% -
Aptos
$12.16
2.22% -
Uniswap
$9.40
3.61% -
Hedera
$0.1415
16.36% -
Dai
$1.00
-0.06% -
Internet Computer
$10.68
16.20% -
Cronos
$0.1896
0.95% -
Ethereum Classic
$28.06
3.53% -
POL (ex-MATIC)
$0.4787
7.72%
which blockchain has the lowest gas fees
For economical transactions, Polygon's $0.02 average gas fee makes it a prime choice, especially for high-volume, low-cost transactions.
Oct 27, 2024 at 10:53 am
Which Blockchain Has the Lowest Gas Fees?
1. Polygon (MATIC)
- Average gas fee: $0.02 per transaction
- Suitable for high-volume, low-value transactions like DeFi and gaming
2. NEAR Protocol (NEAR)
- Average gas fee: $0.01 per transaction
- Offers high throughput and low latency for applications
3. Avalanche (AVAX)
- Average gas fee: $0.05 per transaction
- Provides fast transaction speeds and low fees
4. Fantom (FTM)
- Average gas fee: $0.03 per transaction
- Supports a high number of transactions per second (TPS)
5. Binance Smart Chain (BNB)
- Average gas fee: $0.05 per transaction
- Native blockchain of the Binance exchange, offering fast and economical transactions
6. Solana (SOL)
- Average gas fee: $0.002 per transaction
- Known for its high speed, low fees, and scalability
7. Celo (CELO)
- Average gas fee: $0.01 per transaction
- Designed for mobile payments and offers low fees
8. IoTeX (IOTX)
- Average gas fee: $0.01 per transaction
- Focuses on IoT device connectivity and offers energy-efficient transactions
Factors Affecting Gas Fees:
- Network congestion: Higher demand for block space increases fees.
- Cryptocurrency price: Gas fees are typically denominated in the native cryptocurrency, which affects their cost in fiat currency.
- Transaction size: Larger transactions require more gas to execute.
- Complexity of transaction: Some transactions, such as smart contract interactions, require more gas than simple transfers.
Considerations for Choosing a Low-Gas-Fee Blockchain:
- For low-value transactions, consider blockchains with extremely low fees like Polygon or NEAR.
- For high-volume applications, blockchains like Avalanche or Fantom offer scalability and affordability.
- If transaction speed is critical, Solana or Binance Smart Chain are suitable options.
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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