Why are transaction fees high?

 

As CHZ is an ERC-20 token, transactions involving CHZ on the Ethereum blockchain may be subject to high transaction fees during periods of network congestion. 

 

But CHZ is currently also available on Chiliz Chain 2.0 and users are able to deposit & Withdraw CHZ on CC2 which has fewer transaction fees as compared to Ethereum Chain.

 

However, Fan Tokens are issued on the Chiliz Legacy Chain. Transactions involving Fan Tokens on the Chiliz legacy Chain are not subject to any transaction or gas fees.

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