I'm trying to understand why the fee for
USDT transactions is so high. It seems excessive compared to other cryptocurrencies. Could someone explain the reason behind this?
7
answers
HanRiverVision
Fri Mar 21 2025
USDT fees can escalate due to various factors.
CryptoGuru
Fri Mar 21 2025
As a result, competition among users drives up fees.
HanbokGlamourQueenEleganceBloom
Fri Mar 21 2025
Network congestion plays a significant role in determining these costs.
CryptoMagician
Fri Mar 21 2025
When blockchain networks experience high traffic, such as Ethereum, transaction fees rise.
Caterina
Fri Mar 21 2025
This occurs because numerous users attempt to prioritize their transactions for quicker processing.