Important Update: Increased Blockchain Fees for Ethereum (ERC-20) Transactions

We want to bring to your attention a significant increase in blockchain fees for transactions on the Ethereum (ERC-20) network. This rise is primarily driven by heightened network congestion, increased activity in decentralized applications, and Ethereum’s fee structure.

As a result of this change, we have adjusted the minimum transaction value for all ERC-20 tokens from $5 to $15. This adjustment reflects the current network conditions and is essential to ensure smooth transaction processing. Please note that this minimum may be subject to further adjustments if blockchain fees continue to increase.

Alternative Networks to Reduce Costs

The higher fees on the Ethereum network disproportionately affect smaller transactions, making them less economical. To help mitigate these costs, we recommend utilizing other blockchain networks that offer lower transaction fees. Some of the most cost-effective alternatives include Polygon, Arbitrum, Optimism, Avalanche, Base, BSC (BEP-20), and Solana.

These networks are designed to provide significantly lower fees, making them an ideal choice for frequent or low-value transactions.

Commitment to Better Solutions

We understand that the rising costs on Ethereum are challenging, particularly for users handling smaller transactions. Our priority remains to provide you with the tools and alternatives necessary to adapt to these changes and reduce your transaction costs wherever possible.

Thank you for your continued support and understanding. If you have any questions or need assistance transitioning to an alternative network, our team is here to help