Cryptocurrency Q&A
Why are fees on ETH so high?
Why are fees on ETH so high?
EnchantedSeeker
Thu Feb 13 2025
|
5
answers
956
I've been using Ethereum recently and I've noticed that the transaction fees are really high. I'm wondering why this is the case. Is it because of the network congestion or something else? Can someone explain why fees on ETH are so expensive?
5 answers
EtherealVoyager
Sat Feb 15 2025
Complex transactions, particularly those involving smart contracts or decentralized applications, tend to require more gas.
Was this helpful?
48
45
CryptoAlchemy
Sat Feb 15 2025
As a result, these transactions can become quite costly during peak times.
Was this helpful?
172
66
CryptoVisionary
Sat Feb 15 2025
Another factor contributing to fluctuating gas costs is Ethereum's fee structure.
Was this helpful?
136
87
CryptoWanderer
Sat Feb 15 2025
Ethereum gas fees can skyrocket during times of heavy network usage.
Was this helpful?
328
30
KiteFlyer
Sat Feb 15 2025
This often occurs when there is a high demand for transactions.
Was this helpful?
272
97
