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While the Bear Market’s Claws Drag ETH Prices Down, Ethereum Network Fees Remain Low
31.7.2022
While ethereum prices jumped 61% higher during the last 30 days, the crypto asset’s U.S. dollar value is still down more than 60% lower than ether’s all-time high recorded nine months ago. Amid the market downturn, the network’s average fees have been lower than $5...
Spanish Crypto Exchange Bit2me to Rescue 2gether Customers After Account Block
16.7.2022
Bit2me, a Spanish cryptocurrency exchange, is looking to absorb customers of 2gether, another Spanish exchange, after the company blocked access to its trading platform. Bit2me will pay the €20 fee that 2gether imposed on its customers to continue trading on its platform. The customers will...
DeFi’s downturn deepens, but protocols with revenue and fee sharing could thrive
15.7.2022
It’s too early to know if DeFi is “dead,” but platforms that share revenue with liquidity providers and token holders could be the ones that survive the bear market
Binance users support 0-fee trading despite CZ's wash trading concerns
9.7.2022
CZ is open to implementing the changes regardless of the challenges that a new system would bring, as he said, “Let’s see what the poll say. We listen to our users.”
Binance Volume Surges After Zero Trading Fee Policy Goes Live
8.7.2022
The spike forced Binance to quickly announce that the 13 zero-fee spot pairs will not factor into VIP volume calculations
Bitstamp cancels ‘inactivity fee’ plans after huge backlash
7.7.2022
Bitstamp makes a U-turn on the planned €10 'inactivity fee' against users after widespread criticism, cites administrative fees as the reason for the proposed move
Bitstamp Drops Inactivity Fee Following Massive Backlash From Community
7.7.2022
Luxembourg-based crypto exchange Bitstamp has abandoned plans to charge a monthly fee on inactive users with low balances after massive backlash from the community.
The exchange announced today that they are scrapping the idea, saying:
"After listening to our community’s response, we’ve changed...
Bitstamp Inactivity Fee Canceled After Outcry
6.7.2022
Bitstamp was going to charge about $10 to some customers that weren’t actively using their accounts
Binance Extends Zero-Fee Bitcoin Trading Globally
6.7.2022
Binance is to eliminate fees on bitcoin (BTC) trading from July 8 as it seeks to step up competition with its fellow cryptocurrency exchanges
Ethereum's Step Towards PoS, Bitcoin Mining Difficulty, Binance's BTC Trading Fee Move + More News
6.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Ethereum's Step Towards PoS, Bitcoin Mining Difficulty, Binance's BTC Trading Fee Move + More News
Ethereum average gas fee falls down to $1.57, the lowest since 2020
3.7.2022
For nearly two years, between Jan. 2021 and May 2022, the average gas fee required by the Ethereum network was roughly $40, with May 1, 2022 recording the highest average daily gas cost of $196.638
Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low
3.7.2022
On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022....
Binance U.S. makes BTC trading fee-free as competitors feel the heat
23.6.2022
Brian Shroder, CEO of Binance.US said the zero-trading fees would generate positive user sentiment and said there are plans to expand the list of tokens that will offer zero-fee trading in the future
Coinbase Shares Slump With Crypto Prices as Binance.US Starts Zero-Fee BTC Trading
22.6.2022
Cryptocurrency prices resumed their slump, hurting Coinbase and other equities
Binance.US Launches Zero-Fee Bitcoin Trading
22.6.2022
The exchange plans to eliminate the charges for more tokens in the future
First Short Bitcoin ETF in US, FATF Not Happy With VASPs, Inactivity Fee on Bitstamp + More News
20.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: First Short Bitcoin ETF in US, FATF Not Happy With VASPs, Inactivity Fee on Bitstamp + More News
NFT Marketplace Opensea Migrates to Seaport Protocol, Transition to Cut Network Fees by 35%
16.6.2022
On Tuesday, the leading non-fungible token (NFT) marketplace in terms of all-time sales, Opensea, announced it is migrating to Seaport, an open source Web3 marketplace protocol. Opensea says the Seaport protocol migration from the Wyvern protocol will cut network fees by 35%, and users will...
Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1
1.6.2022
The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the electricity spent to mint digital currencies, which was introduced in January. Crypto Mining Increases Budget Revenues...
Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3
30.5.2022
The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The last time ethereum transfer fees dropped below the $3 mark was last year on July 11, 2021. Moreover, median fees are even...
L1 Ethereum Network Fees Drop to Levels Not Seen in Over 2 Months, L2 Fees Follow
17.5.2022
Ethereum network fees have dropped a great deal this week, sliding under $10 per transaction to levels not seen since March 10, 2022. On May 17, the average ethereum transfer fee is 0.0027 ether or $5.68 per transaction. The cheaper fees on layer one (L1) have made it so layer two (L2) fees have...