Binance Smart Chain eyes major fee reduction amid rising user activity
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Former Binance CEO Changpeng Zhao has proposed reducing BNB Smart Chain (BSC) gas fees. In a post on X, Zhao suggested cutting the fees by 3x or 10x.
If implemented, the move could see BSC gas fees drop to less than a penny. Presently, the BSC Scan gas tracker shows that the network charges an average of 1 gwei, worth around $0.013 to process transactions.
However, this is just the average fee, and the gas fee can change depending on the complexity of the transaction and the priority chosen by users. BitBonds data shows that fast transaction fees are currently 1.5 gwei ($0.019).
BSC gas fees in 2025 (Source: YCharts)