On October 1st, the official BNB Chain announced on social media that starting today, all BSC validators and builders have adopted a new minimum Gas price of 0.05 Gwei, and the BSC network now fully supports transactions at this rate. This means that the transaction cost for a single transaction is only about 0.005 USD, making BSC one of the most cost-effective blockchains in the encryption field. Users can enjoy a faster and cheaper on-chain transaction experience, developers have a broader space for innovation, and the competitiveness of the BNB Chain ecosystem has been significantly enhanced.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BNB Chain: The network's minimum Gas price has dropped to 0.05 Gwei
On October 1st, the official BNB Chain announced on social media that starting today, all BSC validators and builders have adopted a new minimum Gas price of 0.05 Gwei, and the BSC network now fully supports transactions at this rate. This means that the transaction cost for a single transaction is only about 0.005 USD, making BSC one of the most cost-effective blockchains in the encryption field. Users can enjoy a faster and cheaper on-chain transaction experience, developers have a broader space for innovation, and the competitiveness of the BNB Chain ecosystem has been significantly enhanced.