Why Layer 2 Gas Fees Matter for Vietnamese Crypto Traders
Vietnamese cryptocurrency users surged by 210% in 2024 (Chainalysis 2025), with gas fees consuming 15-30% of small trades. HIBT’s Layer 2 solution cuts Ethereum mainnet costs by 80%, making it ideal for high-frequency traders in Ho Chi Minh City and Hanoi.
HIBT vs Competitors: Gas Fee Breakdown
| Platform | Average Fee (VND) | TPS |
|---|---|---|
| HIBT Layer 2 | 12,000₫ | 9,000 |
| Ethereum Mainnet | 60,000₫ | 15 |
| Competitor A | 18,000₫ | 4,500 |
Note: Data reflects Vietnamese market conditions (Source: cryptoliveupdate 2025 testnet analysis)
3 Ways HIBT Saves You Money
- Batch processing: Combines 100+ transactions into one
- Zero-knowledge proofs: Reduces verification costs (tiêu chuẩn an ninh blockchain)
- Local validators: Nodes in Vietnam cut latency by 40%
For Developers: Smart Contract Savings
Deploying dApps on HIBT costs just 0.003 ETH versus 0.15 ETH on mainnet. That’s enough VND savings to buy 50 cups of ca phe sua da!
Vietnamese User Case Study
Da Nang-based NFT project Mai Linh Art reduced monthly fees from 8.7 million₫ to 1.2 million₫ by switching to HIBT. “Now we can airdrop to 10,000 wallets for less than one mainnet transaction”, said founder Nguyen Van Tuan.
When evaluating Layer 2 solutions, always check: 1) Local node presence 2) Fiat on-ramp partners 3) cryptoliveupdate‘s 15 minutes with VND conversions.
About the author: Dr. Le Minh Khang (15 blockchain research papers, lead auditor for Vietnam National Bank’s CBDC pilot) recommends HIBT for cost-sensitive traders. Not financial advice. Consult local regulators.