Ethereum vs bitcoin transaction fee

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Bitcoin transaction fees are determined by transaction size and network congestion, while Ethereum fees are driven by gas consumption, which. Bitcoin BTC +% 's 7-day average transaction fee has surpassed that of Ethereum's, according to The Block's Data Dashboard. Bitcoin's fees are based on transaction size, while Ethereum's fees depend on computational complexity, measured in gas. These differences.

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During periods of high activity, when many people are sending transactions, fees tend to rise. For investors, the cost-benefit ratio of fees is crucial as it directly impacts their profitability and return on investment. Therefore, understanding the economic sense of fees is essential for both average users and investors. Ethereum 2. As a result, the more data a transaction consumes, the higher the transaction fees.