cryptocurrencies

1 answers
1 votes
cryptocurrencies
asked

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

Answers

newest most voted

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.

Hungry for knowledge?
New guides and courses each week
Looking to invest?
Market data, analysis, and reports
Just curious?
A community of blockchain experts to help

Get started today

Already have an account? Sign In