cryptocurrencies

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cryptocurrencies
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Which cryptocurrencies have the lowest transaction fees – bitcoin or etereum?

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As of October 25 2020, the Bitcoin transaction fee is 4.026 USD while the Ethereum transaction fee is 0.981 USD.

Bitcoin has a lowest fee of $0.557 since June, 2020 and a highest fee of $3.841. For making a safe transaction, you may choose 40~50 satoshis per byte which is roughly $0.7~$0.84. Below 20 satoshis per byte may not validate your transaction or may validate in a week.

Ethereum has a lowest fee of $0.404 since June, 2020 and a highest fee of $4.025. For making a safe transaction, you may choose 80~85 gwei as gas fee which is roughly $0.5~$0.6 . Below 40 gwei may not validate your transaction or may validate in a week. Same for tokens in Ethereum network.

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