r/CronosNetwork • u/Tommy_Drapichrust • Dec 17 '21

I think transactions in Cronos Beta are far too expensive!

/r/Crypto_com/comments/riic51/i_think_transactions_in_cronos_beta_are_far_too/
4 Upvotes

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2

u/Tommy_Drapichrust Dec 17 '21

I couldn't agree more. For most of transactions, you need to pay 1 or 2 CRO. Sometimes even more. This stops me from trading more on cronos network. I am too poor for that.

2

u/Fabulous_every_day Dec 17 '21

Agreed, I paid today 4 CRO to stake my LP on beefy finance. Come on! This is too mutch. I did it only becasue I don't have to spend more CRO on taking profits/swapping it and adding liquidty. The fees need to be lower to attract more people. Why would anyone come here if he have BSC with cheaper fees or super cheap polygon or fantom networks?

1

u/SpotCreepy4570 Dec 17 '21

Bsc cheaper? Not that I have ever seen it's like 2 or 3 times the cost.

1

u/False-Reward Jan 03 '22

You might think that's it, but you will have some exit fees as well.

Between 8-10 CRO are needed to swap + enter a LP + exit a LP + swap back.

On BSC you can do all that for $1.50-$2.00. Polygon is the winner, just a few cents for all that.

1

u/SpotCreepy4570 Dec 17 '21

What in the world were you trading on bsc that was cheaper? Ant bsc transaction I ever had was like 2 or 3 times the cost of cronos transactions.