CryptoGlobe
2020-08-12 21:55:00

Ethereum Transaction Fees are Up Over 3,500% YTD as DeFi Interest Booms

The cost of transacting on the Ethereum network has gone up by 3,500% on average, making it more expensive to send and receive transactions and use decentralized applications and decentralized finance (DeFi) protocols. According to BitInfoCharts, at the beginning of the year, the average transaction fee paid to move ether on the blockchain was $0.084, […]

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer