#GasFees #CryptoTips #BNBChain #Ethereum
You’ve seen it: “Network fee: 0.002 BNB”
But what exactly are gas fees, and why do they go up and down?
⛽ Gas fees are small payments you make to cover the computing power needed to process and validate transactions on a blockchain (like BNB Chain or Ethereum).
🔹 You pay gas when you:
Send cryptoSwap tokensInteract with DeFi or NFTs
💰 Why do fees change?
They depend on network congestion.
More users = higher demand = higher fees 📈Fewer users = lower fees 📉
💡 Tips to save on gas:
✅ Use BNB Chain (lower fees than Ethereum)
✅ Trade during off-peak hours (UTC 00:00–04:00)
✅ Always check the fee before confirming
🔁 Did you know? On BNB Chain, you pay gas in BNB — so keep a small amount in your wallet!
