#GasFeeImpact Gas fees, tied to blockchain networks like Ethereum, add costs to transactions, transfers, and DeFi activities. High fees can deter users and shift focus to cheaper alternatives like Binance Smart Chain. On Binance, users can reduce fees by using internal transfers or BSC-based assets. During network congestion, gas fees spike, impacting trading strategies. Monitoring fees and timing transactions can help minimize costs and improve efficiency.