ZetaChain Gas Fee: New Innovation in Reducing Fees
2024-07-29
Bittime - ZetaChain ($ZETA) offers significantly lower gas fees, with savings of up to 83.7% compared to LayerZero.
Costing just 0.0022 ETH ($7.87) to bridge USDC tokens between Ethereum and Binance Smart Chain, ZetaChain presents a cost-effective and effective omnichain solution for moving crypto assets.
What are ZetaChain's gas fees like?
LookOnChain's latest post shows that ZetaChain has the ability to reduce gas fees by up to 83.7% when compared to LayerZero. Experiments carried out to connect assets from Ethereum to Binance Smart Chain.
Users and developers are paying close attention to moving assets between Binance Smart Chain (BSC) and Ethereum. They always look for the cheapest way. According to recent comparisons, ZetaChain has significant advantages.
LayerZero Bridges Ten USDC Tokens
Using LayerZero, they bridged just ten USDC tokens from Ethereum to BSC. The gas fee is reported to be very high at 0.0135 ETH around $47.61. On ZetaChain, the same bridge fee is only 0.0022 ETH around $7.87, which represents a drop of 83.7%.
While the technology behind each solution is different, the results will bear that out. Users and developers want the cheapest way to bridge USDC between BSC and Ethereum.
What Is ZetaChain ($ZETA)?
ZetaChain ($ZETA) is a highly flexible blockchain platform with omnichain capabilities that allows users and developers to interact with the entire cryptocurrency ecosystem through a consistent and secure platform that enables seamless operations and interactions across multiple Web3 blockchain networks.
ZetaChain Can Unify the Blockchain Ecosystem
ZetaChain has the ability to unify disparate blockchain ecosystems, making it a unique choice. With its low gas fee structure, it is a great platform to connect crypto from Ethereum to Binance Smart Chain.
Conclusion
In terms of gas fees for moving assets between blockchains, ZetaChain ($ZETA) has demonstrated its superiority. LookOnChain's latest experiment shows that ZetaChain has the ability to lower gas fees by up to 83.7% compared to LayerZero when bridging USDC tokens from Ethereum to Binance Smart Chain (BSC).
ZetaChain offers a more cost-effective option for developers and users looking to reduce transaction costs, with a price of 0.0022 ETH around $7.87 on ZetaChain compared to 0.0135 ETH around $47.61 on LayerZero. Additionally, ZetaChain uses its omnichain capabilities to unify multiple blockchain ecosystems, providing a secure and consistent platform for operations and interactions across Web3 blockchain networks. This makes it an excellent choice for moving crypto assets between Ethereum and Binance Smart Chain.
How To Buy Crypto With Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.





