You are viewing a single comment's thread from:

RE: Daily Crypto Markets Live Blog: Leofinance Vision Released (05/26/22)

in LeoFinance3 years ago

I used to be a fan of ETH, then I discovered that thing called Gas Fees. Even if I do much more with ERC20s (including stablecoins), I still need ETH to cover Gas Fees. Likewise with BNB, but not to the same degree as with ETH. For that reason I diverted some ETH into other altcoins such as BNB and CUB.

Posted Using LeoFinance Beta

Sort:  

That's the pain of ETH, the gas fees. It's a major turn off for me too :)

Posted Using LeoFinance Beta

Same here, gas fees is the reason I gave up on Ethereum and focused on BNB

Posted Using LeoFinance Beta

Its funny I did the same thing, but when I moved to Polygon for the same reason I was met by a buggy interface, so I would prefer to be on BSC, but none of Polycubs cool stuff has moved to Cub yet...

Posted Using LeoFinance Beta

Well, you could always hold ETH on a different blockchain as there are wrapped versions of them.

Posted Using LeoFinance Beta

So if I wanted to HODL Ethereum I should use bETH on BSC and if I wanted to HODL BNB I should use pBNB on Polygon (MATIC), right? Then I limit native ETH to Gas fees and native BNB to Gas Fees?

Posted Using LeoFinance Beta

What's the point?

Posted Using LeoFinance Beta

I don't see myself ever getting into any ETH project other than buying and holding which I would always choose HIVE when it comes to that.

Gas fees are too high and I don't think they are seeing this as a problem, more reason why BNB is more preferable for any new or small investor.

Posted Using LeoFinance Beta

Ethereum is going to kill itself with those fees.

Posted Using LeoFinance Beta

Oh the pains I get from gas, I call them gas pains, they are a killer. LOL
Sorry it was to good a chance to pass up...

Posted Using LeoFinance Beta

It's so obvious, yet it had never occurred to me until now. That's how painful ETH Gas Fees are!

Posted Using LeoFinance Beta