You are viewing a single comment's thread from:

RE: Ethereum gas fees are high and I think that is bullish

I still remember when the bitcoins reached 15 thousand dollars and the network fees in localbitcoins and the other payment gateways rose to 10 dollars in short if you want to change 20 dollars at that time 10 dollars stayed in network fees.
It all depends on the user

Sort:  

Yes, most of the time it is a fixed fee for all kind of transactions. Hence, it is more worthwhile to transact large amount. However, this is also the case for many of our current financial services. There is often a fixed admin fee and a percentage slap on top of the base fee when dealing with large transactions.