Why are ERC20 fees so high?

The primary justification for high bitcoin excavator charges is organic market . The bitcoin block size is 1MB, which implies that excavators can just affirm 1MB worth of exchanges for each square (one like clockwork). So that is the reason the digger charges on ERC-20 are so high.

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How much are ETH fees?

Arcane Research reports that Ethereum transaction fees are at a six-month low. The research shows that the average price per transaction on the Ethereum blockchain was $15 , compared to fees during peak traffic last fall as high as a few hundred dollars.

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What fees does Binance charge?

Trading and transaction fees Binance.US charges a flat 0.1% spot trading fee , which is lower than many other U.S. exchanges, including eToro (about 0.75% for Bitcoin trades) and Coinbase (which charges 0.5% for trading fees plus a flat fee of up to $2.99 per trade, depending on trade amount).

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Does Binance charge daily fees?

General: 0.1% spot trading fee; 0.5% Buy/Sell Crypto fee. Trading fees are determined based on your trading volume over a 30-day period (in USD) and your daily BNB balance . At 0:00 AM (EST) every day, your trading volume over the past 30-day period and your daily BNB balance are evaluated.

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