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The Binance Chain Gas Fee Is $2, While The Bitgert Chain Gas Fee Is Zero, And A Tough Competition For Ethereum, Shiba Inu & Solana.

Binance is one of the largest blockchains in the crypto market because of the cheaper and faster transactions. As a result, based on the daily volume of tokens traded, Binance Exchange is the largest cryptocurrency exchange in the world. However, when the BRISE BRC20 blockchain went operational in mid-February, the time for Binance being the quickest and cheapest blockchain came to an end. Because the Bitgert chain gas fee is zero whereas the Binance chain gas fee is $2. Read more about the Bitgert blockchain's $0 gas fee and the competition it has currently floored:

Bitgert

The gasless feature of the Bitgert BRISE BRC20 blockchain is the main reason for its popularity in the industry. One of the most distinguishing features of the Brise chain has been the zero gas fee, and the team has delivered on that promise. The Bitgert chain's gas charge is 0.000021 BRISE ($0.0000000000001). This is the industry's cheapest gas fee, putting Bitgert ahead of even Binance, which has long been the cheapest. Furthermore, with 100,000 TPS, the Brise chain is currently the quickest. These are the two main characteristics that have propelled Bitgert to its current heights.

Centcex

Because Centcex is a BSC project, the gas cost is still rated according to the Binance coin. As a result, the Centcex network's transaction cost and speed are not superior than those offered by Bitgert. As one of the BSC, the Centcex project must incur a significant gas fee, most likely $2, which is the gas fee charged by Binance. Centcex users, on the other hand, may benefit from the team's plans to establish its own blockchain.

Binance Coin

The Binance coin continues to do well in the market because the Binance chain is one of the most widely adopted blockchains. It has become one of the greatest solutions for developers and crypto traders because to its lower gas charge and faster speed when compared to other chains such as Ethereum, Bitcoin, and Cardano. But, with a quicker blockchain and no gas fees, Bitgert is quickly displacing Binance's dominance. BRISE has the potential to be the next big cryptocurrency.

Shiba Inu

The Shiba Inu gas fee is likewise higher than that of the Bitgert blockchain. The Shiba token is an ERC-20 token that runs on the Ethereum blockchain. The Ethereum chain has some of the highest gas rates, making the Shiba platform a little pricey. This is one of the reasons why most Shiba Inu projects may begin migrating to the Bitgert BRISE BRC20 blockchain in order to benefit from free gas fees.

Bitcoin

Bitcoin is one of the few major cryptocurrencies that still uses the PoW consensus algorithm. This is one of the mining procedures that has been found to be unsecure, slow, and extremely costly in terms of gas costs. As a result of the zero gas price, trading on the Bitgert chain is less expensive than trading on the Bitcoin network. When mainstream use of the Bitgert BRISE BRC20 blockchain begins, it could become one of Bitcoin's major competitors. Bitcoin, on the other hand, is still one of the cryptocurrencies to keep an eye on.

Ethereum

The Bitgert BRISE BRC20 blockchain is another cryptocurrency that is facing stiff competition. Brise is now one of the fastest and most affordable chains, making it a better choice for developers and traders than Ethereum. Because of its EVM compatibility, more developers are likely to migrate to the Brise chain in light of Ethereum's high gas charge. However, while the Ethereum protocol change may improve the chain's speed, transaction costs will continue to be a major concern.

Solana

Solana was the fastest blockchain just a few days ago, but after the Bitgert BRISE BRC20 blockchain went live on February 15, 2022, it became the second fastest after the Brise chain. The Bitgert blockchain is currently at 100k TPS, whereas the Solana throughput is currently at 65k TPS. The cost of a Solana transaction is $0.00025, while the cost of a Brise transaction is $0.0000000000001. When compared to the Brise chain, Solana is twice as pricey. As a result, Bitgert is likely to give SOL a tough fight.

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