Cryptocurrency Q&A Why is my ETH gas fee so high?

Why is my ETH gas fee so high?

Federica Federica Wed Jan 22 2025 | 5 answers 949
I'm trying to send some ETH, but the gas fee is extremely high. I don't understand why it's so expensive. Is there a reason for this? Can I lower the fee somehow? Why is my ETH gas fee so high?

5 answers

Sara Sara Fri Jan 24 2025
Users often compete to ensure their transactions are processed promptly.

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Lorenzo Lorenzo Fri Jan 24 2025
This competition leads to an increase in gas prices during peak activity periods.

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GeishaElegance GeishaElegance Fri Jan 24 2025
The gas price experiences variations dependent on the network's demand.

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Elena Elena Fri Jan 24 2025
BTCC, a leading cryptocurrency exchange, offers a range of services. These include spot trading, futures trading, and wallet management.

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Dreamchaser Dreamchaser Fri Jan 24 2025
When the network is highly utilized, the gas price tends to fluctuate more significantly.

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