Someone could explain to me why on Arbitrum, I nee... @beefyfinance

Asked 1057 days ago
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Someone could explain to me why on Arbitrum, I need to pay 150$ on transaction fees to give an access to my $BIFI token? What that?

asked 1057 days ago

1 Answers

Answer2: Transaction fees on Arbitrum are paid in ETH, not in $BIFI tokens. When you give someone access to your $BIFI tokens, you are essentially making a transaction on the Ethereum network, which requires ETH to pay for the associated gas fees. The amount of ETH you need to pay for the transaction fees will depend on the complexity of the transaction and the current network congestion. Generally, the more complex the transaction and the more congested the network, the higher the gas fees. In this case, the $150 fee is most likely due to the complexity of the transaction and the current network congestion.
answered 1057 days ago
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Do you have enough ETH to pay for gas?
answered 1057 days ago

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