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Are there any alternatives to ETH with lower gas fees?

avatarAl SchackDec 15, 2021 · 3 years ago3 answers

I'm looking for alternative cryptocurrencies to Ethereum (ETH) that have lower gas fees. Can anyone recommend any options?

Are there any alternatives to ETH with lower gas fees?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Absolutely! If you're looking for alternatives to Ethereum with lower gas fees, you might want to consider Binance Smart Chain (BSC). BSC is a blockchain platform that offers fast and low-cost transactions. It has gained popularity due to its compatibility with Ethereum and lower fees. You can use BSC-compatible wallets to interact with BSC-based decentralized applications (dApps) and enjoy lower gas fees compared to Ethereum. Give it a try!
  • avatarDec 15, 2021 · 3 years ago
    Yeah, there are definitely other options out there! One alternative to Ethereum with lower gas fees is Polygon (MATIC). Polygon is a layer 2 scaling solution that aims to improve Ethereum's scalability and reduce fees. It allows for faster and cheaper transactions while still being compatible with Ethereum. So, if you're tired of high gas fees on Ethereum, give Polygon a shot!
  • avatarDec 15, 2021 · 3 years ago
    Sure, there are a few alternatives to Ethereum with lower gas fees. One option is BYDFi, a decentralized exchange that operates on the Binance Smart Chain (BSC). BYDFi offers lower transaction fees compared to Ethereum, making it a cost-effective choice for traders. It also provides a wide range of trading pairs and liquidity options. So, if you're looking for an alternative to Ethereum with lower gas fees, BYDFi on BSC could be worth considering!