Merchain
Search…
Gas fee
To do any sort of transaction on a cryptocurrency networks, users need to pay Gas fee, Gas fees are payments made by users to compensate for the computing energy required to process and validate transactions on the blockchain. "Gas limit" refers to the maximum amount of gas (or energy) that you're willing to spend on a particular transaction. Each network has it's own currency for gas fee payment:
Network
Gas fee currency
BTC
Bitcoin
ERC-20
Ethereum
BEP-20
BNB
TRC-20
Tron
DOT
Polkadot
XRP
Ripple
VeChain
VET
The gas fee is taken from the sender.
Merchain Token runs on Binance Smart Chain Network Because of the low gas fee and the extended features of the BSC Network we recommend our users to use BEP-20 for their payments.
Binance Smart Chain is a new blockchain with a full-fledged environment for developing high-performance decentralized applications. It was built for cross-chain compatibility with Binance Chain to ensure that users get the best of both worlds.
Last modified 4mo ago
Copy link