Still trying to Converting USDT

[Tony3032]

So I’m still trying to swap my USDT to ETH, I’ve topped up enough to convert which at the time was £39, however since topping up my ETH to cover the fees have now gone up to £55! Why???

[iamdeadlyz]

Hi @Tony3032,

Please read this as to why the tx fee is high:

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More Transactions = Higher Fees Ethereum (ETH) transaction fees increase when the network is busier. This is caused by more people making transactions like sending tokens, trading on DEXes or depositing their assets to lending platforms. A recent tweet by WeissCrypto states that: https://twitter.com/WeissCrypto/status/1262769670664400896 According to this post, “The average fee per transaction on Ethereum reached $6.04 Wednesday night (August 12), according to Blockchair, the highest fees …