Are there any alternative cryptocurrencies with lower gas fees compared to ETH?
szuhaydvNov 28, 2021 · 3 years ago1 answers
I'm looking for alternative cryptocurrencies that have lower gas fees compared to Ethereum (ETH). Can anyone recommend any? I'm specifically interested in cryptocurrencies that offer faster and cheaper transactions.
1 answers
- Nov 28, 2021 · 3 years agoYes, there are alternative cryptocurrencies that offer lower gas fees compared to Ethereum. One such cryptocurrency is Binance Smart Chain (BSC). BSC is a blockchain platform that operates parallel to the Binance Chain. It offers faster and cheaper transactions, making it an attractive option for users who want to avoid the high gas fees of Ethereum. BSC has gained significant traction in the crypto community due to its lower fees and compatibility with Ethereum-based assets. So, if you're looking for an alternative with lower gas fees, BSC is worth considering.
Related Tags
Hot Questions
- 85
What are the best digital currencies to invest in right now?
- 81
How does cryptocurrency affect my tax return?
- 71
How can I protect my digital assets from hackers?
- 66
Are there any special tax rules for crypto investors?
- 63
How can I buy Bitcoin with a credit card?
- 47
How can I minimize my tax liability when dealing with cryptocurrencies?
- 44
What are the best practices for reporting cryptocurrency on my taxes?
- 42
What are the tax implications of using cryptocurrency?