Gas Fees, Something To Deal With

Foto: Pixabay. Author: WorldSpectrum. Ethereum Blockchain.

Are gas fees becoming a problem?

How to calculate gas fees?

What is the purpose of gas?

Tips to save money on gas fees

  • Follow the market. Studying the development of the prices on a daily basis can help you know how prices are evolving and when is the best moment to make your transaction.
  • Choose the urgency on which you want to operate. The most common wallets give three gas fee options: slow, standard and fast. The slowest is also the cheapest. But sometimes it’s worth paying more, because you need it to be fast.
  • Gas markets decide if and when transactions will get confirmed. So, if you establish your gas price too low, maybe your transaction may get stuck or cannot be executed because it runs out of gas.

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