common-close-0
BYDFi
Trade wherever you are!

What are the current gas fees for Arbitrum transactions?

avatarMilan NiroulaDec 25, 2021 · 3 years ago3 answers

Can you provide information on the current gas fees for transactions on the Arbitrum network? I'm interested in knowing how much it costs to perform transactions on this network.

What are the current gas fees for Arbitrum transactions?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The current gas fees for Arbitrum transactions vary depending on network congestion and the complexity of the transaction. Generally, the fees are lower compared to the Ethereum network. It's recommended to check the gas fees on a reliable blockchain explorer or wallet before making any transactions on Arbitrum.
  • avatarDec 25, 2021 · 3 years ago
    Gas fees for Arbitrum transactions can fluctuate based on market demand and network activity. To get the most accurate and up-to-date information on gas fees, you can use blockchain explorers or check with popular wallets that support Arbitrum. Keep in mind that gas fees can change rapidly, so it's always a good idea to double-check before making any transactions.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a popular decentralized exchange, provides gas fee estimates for Arbitrum transactions on their platform. You can visit their website or use their mobile app to get an idea of the current gas fees. However, it's important to note that gas fees can vary depending on the specific transaction and network conditions. It's always recommended to check multiple sources for the most accurate information.