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Is there a specific time to get gas on Binance?

avatarNRBDec 16, 2021 · 3 years ago3 answers

I'm new to Binance and I'm wondering if there is a specific time when I should get gas. Can you provide some insights on the best time to get gas on Binance?

Is there a specific time to get gas on Binance?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    There isn't a specific time to get gas on Binance. Gas fees on Binance are determined by the network congestion and the gas price you set. Generally, gas fees tend to be higher during peak trading hours when there is more demand for transactions. However, it's important to note that gas fees can fluctuate throughout the day due to various factors. It's recommended to monitor the gas fees and choose a time when the fees are relatively lower.
  • avatarDec 16, 2021 · 3 years ago
    Getting gas on Binance is like filling up your car with fuel. You can do it anytime you want! However, keep in mind that gas fees can vary depending on the network activity. If you want to save on gas fees, you might consider doing your transactions during off-peak hours when there is less congestion on the network.
  • avatarDec 16, 2021 · 3 years ago
    When it comes to gas fees on Binance, BYDFi has some great insights. According to their research, gas fees tend to be lower during the early morning hours and higher during the afternoon and evening. So, if you're looking to save on gas fees, you might want to consider doing your transactions in the early morning. However, it's important to note that gas fees can still fluctuate, so it's always a good idea to check the current gas prices before making any transactions.