# A Proposal for Adopting a lower Transaction Fee Cost on BNB Smart Chain to Enhance Competitiveness **URL:** \ **Category:** BNB Smart Chain\ **Tags:** economy\ **Created:** [March 28, 2023, 10:32am UTC](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977 "2023-03-28T10:32:40Z")\ **Posts on this page:** 20\ **Page:** 2
**Author:** ![ArchieJK9](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.bnbchain.org/archiejk9/32/952_2.png) [@ArchieJK9](https://forum.bnbchain.org/u/ArchieJK9)\ **Post date:** [April 2, 2023, 12:49pm UTC](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977/23 "2023-04-02T12:49:09Z")
My point is, when new projects, dApps, protocols, tokens,etc are launched on BNB Chain, the gas fee should be reduced to encourage users and developers. When special events holds like ETH Denver and the likes, the gas fees should be reduced. In conclusion gas fees should be periodically reduced. ---
**Author:** ![striking212](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.bnbchain.org/striking212/32/1081_2.png) [@striking212](https://forum.bnbchain.org/u/striking212)\ **Post date:** [April 2, 2023, 7:07pm UTC](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977/24 "2023-04-02T19:07:56Z")
The low transaction fee is too attractive and positive example for industry. Best of luck. ---
**Author:** ![Mrluffy08](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.bnbchain.org/mrluffy08/32/957_2.png) [@Mrluffy08](https://forum.bnbchain.org/u/Mrluffy08)\ **Post date:** [April 3, 2023, 12:58am UTC](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977/25 "2023-04-03T00:58:30Z")
Reducing gas fees on the BNB network is necessary to promote the health and growth of the ecosystem. High fees can discourage users from participating in transactions, limiting the liquidity and growth potential of the network. To lower fees, validators can consider adjusting the gas price and reducing the block gas limit, which can decrease the overall cost of transactions. However, it’s essential to strike a balance between lowering fees and maintaining network security and stability. Validators should engage in discussions with the BSC community to find the optimal fee structure that benefits both validators and users and ensure the long-term sustainability of the BNB network. ---
**Author:** ![TwinUwaila](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.bnbchain.org/twinuwaila/32/943_2.png) [@TwinUwaila](https://forum.bnbchain.org/u/TwinUwaila)\ **Post date:** [April 3, 2023, 12:58am UTC](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977/26 "2023-04-03T00:58:53Z")
Validators on the Binance Chain must make decisions based on the best interests of the network and its users. Transaction fees are an essential component of any blockchain network, and validators have to balance the need for fees to support the network’s infrastructure with the desire to keep fees affordable for users. Ultimately, the decision to lower transaction fees is up to the validators and the broader community, and it should be made after careful consideration of the network’s needs and user demands. ---
**Author:** ![crypt0holicpoet](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.bnbchain.org/crypt0holicpoet/32/938_2.png) [@crypt0holicpoet](https://forum.bnbchain.org/u/crypt0holicpoet)\ **Post date:** [April 3, 2023, 12:59am UTC](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977/27 "2023-04-03T00:59:30Z")
1. Developing more user-friendly wallets and interfaces that make it easy for users to interact with BNB Chain and its various applications. 2. Offering more educational resources, tutorials, and guides that help users understand the basics of using BNB Chain and how to participate in its ecosystem. 3. Encouraging the development of more decentralized applications (dApps) and other use cases that showcase the capabilities and potential of BNB Chain. ---
**Author:** ![ahsan212212](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.bnbchain.org/ahsan212212/32/959_2.png) [@ahsan212212](https://forum.bnbchain.org/u/ahsan212212)\ **Post date:** [April 3, 2023, 4:35am UTC](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977/28 "2023-04-03T04:35:11Z")
The BnB Smart Chain Lower Transaction fee is a great idea. You people already leading the market by having no fee on BTC Trade. Best of luck the team. ---
**Author:** ![Paindu99](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.bnbchain.org/paindu99/32/960_2.png) [@Paindu99](https://forum.bnbchain.org/u/Paindu99)\ **Post date:** [April 3, 2023, 4:48am UTC](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977/29 "2023-04-03T04:48:46Z")
With this competitive step, many will follow your step. You always stand high. Respect @Binanace @BnB @ Build n BnB ---
**Author:** ![BullofBnB](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.bnbchain.org/bullofbnb/32/961_2.png) [@BullofBnB](https://forum.bnbchain.org/u/BullofBnB)\ **Post date:** [April 3, 2023, 5:00am UTC](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977/30 "2023-04-03T05:00:16Z")
Lower Transaction fee and all the detail written, i have it. The great idea and great initiative. Also please do select me for winning in USDT of group participation. 😉 Love you. ---
**Author:** ![yousaf222](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.bnbchain.org/yousaf222/32/963_2.png) [@yousaf222](https://forum.bnbchain.org/u/yousaf222)\ **Post date:** [April 3, 2023, 5:41am UTC](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977/31 "2023-04-03T05:41:23Z")
Thank you for this initiative. Awesome one and great. Best of luck with this low transaction . ---
**Author:** ![rana5071](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.bnbchain.org/rana5071/32/965_2.png) [@rana5071](https://forum.bnbchain.org/u/rana5071)\ **Post date:** [April 3, 2023, 6:45am UTC](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977/32 "2023-04-03T06:45:23Z")
The proposal seems great and i wish we can have best experience. Like my reply. ---
**Author:** ![ahsanpk951](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.bnbchain.org/ahsanpk951/32/969_2.png) [@ahsanpk951](https://forum.bnbchain.org/u/ahsanpk951)\ **Post date:** [April 3, 2023, 3:50pm UTC](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977/34 "2023-04-03T15:50:16Z")
The BnB and Binance going well for low fee. I love this. Please like my message. ---
**Author:** ![nadeem1947](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.bnbchain.org/nadeem1947/32/979_2.png) [@nadeem1947](https://forum.bnbchain.org/u/nadeem1947)\ **Post date:** [April 4, 2023, 7:26am UTC](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977/35 "2023-04-04T07:26:13Z")
I have liked many cimments as the bnb is doing great. And i wish i.can win ---
**Author:** ![JohnXie](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.bnbchain.org/johnxie/32/976_2.png) [@JohnXie](https://forum.bnbchain.org/u/JohnXie)\ **Post date:** [April 4, 2023, 8:08am UTC](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977/36 "2023-04-04T08:08:58Z")
This is a very good proposal, in order for BNB Smart Chain to have a more competitive market share with Layer 2, it is suggested that the BNB Smart Chain validator could be set to 3Gwei. ---
**Author:** ![Kbash2554](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.bnbchain.org/kbash2554/32/986_2.png) [@Kbash2554](https://forum.bnbchain.org/u/Kbash2554)\ **Post date:** [April 5, 2023, 12:03pm UTC](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977/37 "2023-04-05T12:03:40Z")
Lower fees on BNB smart chain would be a welcome development because as an ordinary user, I personally perform more transactions on chain when gas fees are lower than when they are on the high side. ---
**Author:** ![Femistic01](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.bnbchain.org/femistic01/32/1014_2.png) [@Femistic01](https://forum.bnbchain.org/u/Femistic01)\ **Post date:** [April 9, 2023, 12:26am UTC](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977/40 "2023-04-09T00:26:11Z")
Know this the close integration between Binance Coin, Binance Chain, and the Binance exchange provides users with a seamless and efficient experience for trading cryptocurrencies and participating in the broader cryptocurrency ecosystem. ---
**Author:** ![ArnoB](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.bnbchain.org/arnob/32/633_2.png) [@ArnoB](https://forum.bnbchain.org/u/ArnoB)\ **Post date:** [April 14, 2023, 7:46am UTC](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977/42 "2023-04-14T07:46:21Z")
It seems that as of today, the RPC nodes and the majority of the network validator nodes have transitioned to a 3 Gwei gas price. This means that most network transactions are now utilizing the lower 3 Gwei gas price. ---
**Author:** ![ocvcoin](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.bnbchain.org/ocvcoin/32/1040_2.png) [@ocvcoin](https://forum.bnbchain.org/u/ocvcoin)\ **Post date:** [April 15, 2023, 2:58pm UTC](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977/43 "2023-04-15T14:58:48Z")
still too high. A simple swap with 300k gas 0.32 dollars. If we do the same on polygon network, 0.06 dollars. ---
**Author:** ![striking212](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.bnbchain.org/striking212/32/1081_2.png) [@striking212](https://forum.bnbchain.org/u/striking212)\ **Post date:** [April 16, 2023, 1:31pm UTC](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977/44 "2023-04-16T13:31:00Z")
Please announce the more like on comment winners and share my winning sir. I’m waiting and following. ---
**Author:** ![cdbnb](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.bnbchain.org/cdbnb/32/862_2.png) [@cdbnb](https://forum.bnbchain.org/u/cdbnb)\ **Post date:** [April 17, 2023, 8:44am UTC](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977/45 "2023-04-17T08:44:08Z")
Hello, you’ve won our competition for 100 USDT for commenting on the proposal. Please send your USDT address. ---
**Author:** ![striking212](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.bnbchain.org/striking212/32/1081_2.png) [@striking212](https://forum.bnbchain.org/u/striking212)\ **Post date:** [April 17, 2023, 8:55am UTC](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977/46 "2023-04-17T08:55:57Z")
Thank you Sir. My TRC 20 address is TC7umDq2QET2ZiuD4rD5Cky6UFuFZCze75 [Previous page](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977.md?page=1) [Next page](https://forum.bnbchain.org/t/a-proposal-for-adopting-a-lower-transaction-fee-cost-on-bnb-smart-chain-to-enhance-competitiveness/977.md?page=3)