Fees Financial News

07.07 / 15:47

business fees exchanges Bitcoin Bitstamp cancels ‘inactivity fee’ plans after huge backlash

Luxembourg-based cryptocurrency exchange Bitstamp has scrapped plans to implement an inactivity fee after widespread outcries from users online.

07.07 / 14:11

Trading Exchange fees community Bitstamp Drops Inactivity Fee Following Massive Backlash From Community

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.

05.07 / 22:13

Ethereum fees Bitcoin 2020 Ethereum Transaction Fees Dip to Lowest Since December 2020, Bitcoin Fees Relatively Stable

The depressed state of the crypto market has also taken its toll on transaction fees, with Ethereum (ETH) fees now finally coming down to lows not seen since December 2020 -- while Bitcoin (BTC) fees remained around the same low level they have been at for the past year.

03.07 / 11:57

Blockchain Ethereum Adoption fees 2020 Ethereum average gas fee falls down to $1.57, the lowest since 2020

The Ethereum (ETH) ecosystem’s biggest roadblock to mainstream dominance is often attributed to the extremely high transaction fees or gas fees it requires to complete a transaction. However, with Ethereum’s average gas fees coming down to 0.0015 ETH, the narrative is set to change.

28.06 / 11:49

business Blockchain fees Bitcoin Bitcoin mining revenue mirrors 2021 lows, right before BTC breached $69K

Bitcoin (BTC) visiting the $20,000 range after one and a half years made mining — the most important job of the ecosystem — a costly affair. However, if history were to repeat itself, BTC investors may witness another epic bull run that previously helped Bitcoin reach an all-time high of $69,000.

24.06 / 23:35

defi solana fees Uniswap Finance Redefined: Uniswap goes against the bearish trends, overtakes Ethereum

This past week, the decentralized finance (DeFi) ecosystem tried gaining some momentum amid the bear market crash. Uniswap saw a trend reversal and overtook Ethereum regarding network fees paid. However, not all DeFi protocols were as lucky, as Bancor had to pause its “impermanent loss protection” in the wake of a hostile market.

23.06 / 11:05

Trading coinbase fees Coinbase Pro NOT Coinbase Pro Users Not Happy With its Discontinuation, Cite Lower Fees

Coinbase Pro users are ostensibly not content with the service’s discontinuation, expressing concerns that the new platform might not offer similar fee advantages.

23.06 / 07:47

business Binance fees Bitcoin Binance U.S. makes BTC trading fee-free as competitors feel the heat

Crypto exchange Binance.US has removed trading fees for Bitcoin (BTC) spot market trades, following in the footsteps of Robinhood which pioneered no-commission crypto trading in 2018.

23.06 / 07:01

Blockchain defi fees Decentralized Exchange DeFi summer 3.0? Uniswap overtakes Ethereum on fees, DeFi outperforms

Decentralized exchange (DEX) Uniswap has overtaken its host blockchain Ethereum in terms of fees paid over a seven-day rolling average.

20.06 / 11:31

Ethereum defi Trading fees surges Synthetix racks up over $1M in daily fees as SNX token value surges 100%

Layer-2 scaling solution Synthetix recently collaborated with liquidity provider Curve Finance to create Curve pools for sETH/ETH, sBTC/BTC, & sUSD/3CRV, allowing investors to cheaply convert synths such as sETH to Ether (ETH).

15.06 / 17:55

NFT Non-fungible tokens fees Opensea OpenSea Claims Users Can Save 35% in Gas Cost Following Migration to Seaport

OpenSea, the world's largest non-fungible token (NFT) marketplace in terms of trading volume, has announced a major migration which they say will enable users to save "an estimated 35%" in gas fees going forward.

13.06 / 13:15

Art defi Investing fees How to Earn Passive Income from NFTs: 4 Ways That Already Work

You probably aren’t yet aware of this but non-fungible tokens (NFTs) represent an untapped passive income-generating opportunity.

09.06 / 11:05

Blockchain Ethereum fees community Yuga Labs ApeCoin Community Narrowly Wins Vote to Stay on Ethereum

The majority of apecoin (APE) holders have voted in favor of a proposal that the token remains on the Ethereum (ETH) blockchain despite its high transaction fees.

06.06 / 13:31

Blockchain Ethereum fees community Yuga Labs ApeCoin Whales Vote Against Proposal to Stay on Ethereum

Several apecoin (APE) whales have voted against the proposal by the ApeCoin decentralized autonomous organization (DAO) that suggested staying on Ethereum (ETH), giving the majority support to migrating to another chain - at least for now.

01.06 / 12:11

Ethereum MARKET fees Optimism Optimism's OP Token in Roller Coaster Mode after a 'Turbulent Launch'

OP token by Optimism, a second layer scaling solution for Ethereum (ETH), went on a roller coaster following a "turbulent launch" that led to unprecedented demand and caused delays on the Optimism blockchain mainnet.

23.05 / 16:23

NFT Non-fungible tokens fees Decentralization OpenSea’s New Marketplace Protocol Could Become ‘Uniswap Moment’ of NFTs

The popular non-fungible token (NFT) marketplace OpenSea has unveiled a new protocol that allows anyone to set up new and decentralized NFT marketplaces. And judging from some members of the community, the protocol could become the “Uniswap moment” of NFTs.

17.05 / 03:15

Exchange fees banking South Korean Banks Earned USD 31M in Crypto Transaction Fees Last Year

Three South Korean banks earned USD 31.2m from their crypto exchange partnership deals in 2021, new data has revealed – suggesting that partnering with trading platforms could be paying off for the often-cautious domestic banking sector.

04.05 / 14:35

Ethereum NFT fees This Level of Transaction Fees Would be 'Truly Acceptable' According to Ethereum's Buterin

Ethereum (ETH) co-founder Vitalik Buterin has said layer 2 (L2) transaction fees need to be under USD 0.05 in order to become “truly acceptable.”

04.05 / 12:53

Ethereum NFT Investing fees Drop Otherdeed NFTs Sale Drop by 25%, Pushing Buyers Further Underwater

Most buyers of the hotly-anticipated Otherdeed non-fungible tokens (NFTs) drop are not able to sell their digital land deeds at a profit, due to the high Ethereum (ETH) gas fees they paid during minting, as well as the decreasing demand.

04.05 / 05:21

Blockchain Ethereum fees Upgrade L2 Vitalik: L2 transaction fees need to be under 5c to be 'truly acceptable'

Ethereum (ETH) co-founder Vitalik Buterin believes that Layer-2 transaction fees need to be under $0.05 to be “truly acceptable.”

03.05 / 14:15

NFT fees transactions DDoS network Solana developers share 3 key mitigation steps to make the network robust

TheSolana network faced its seventh outage on April 30, resulting in a downtime of over seven hours. The developer team has come out with an outage report along with three key mitigation steps to make the network more stable.

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