ETH transaction costs plunge to 0.067 Gwei

ETH traders and investors can now swap tokens, sell NFTs, or transfer assets for just a few cents after Ethereum gas fees dropped to 0.067 Gwei. The main block explorer on Ethereum, Etherscan, shows that swapping tokens costs $0.11, selling an NFT costs $0.19, moving assets to another chain costs $0.04, and borrowing on Ethereum costs $0.09. Ethereum traders take advantage of the lowest fees in history The market crash in October drove Ethereum gas fees up to 15.9 Gwei. Trading became very expensive, and small investors stayed away from ETH activities because users had to pay high fees just to complete basic transactions. However, gas fees dropped suddenly to 0.5 Gwei by October 12 and have since remained below 1 Gwei. Now, activity on ETH has increased significantly because both large and small traders are moving assets or experimenting with smart contracts without worrying about high fees. Users can...

https://www.cryptopolitan.com/ethereum-gas-fees-plunge-to-0-067-gwei/