Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
zahidmoon
on 31/08/2021, 12:47:52 UTC
[GUIDE] ETH Gas Price. That topic was created yesterday and can help newbies to know where to get Gas Price stats, chart and choose good gas price to use. Not too low, not too high to save gas price but still don't have stucked transactions.

I always wondered how people/newbies were paying so much, I mean yes I even have to pay the same gas fees like everybody else but even I learned on my own quite quickly how to play it safe,,, while not paying too much, plus you always can speed it up if it does not work out.

Then I realized later every wallet seems to work very different.

Thank you for the link to guide. IT does not actually know the good price to use though, maybe a guide on what gas fee should I pay and how to determine that step by step?

Yes, it's really problem. For example, I wanted to buy NFT on opensea with price 15$ using Metamask, but I couldn't. Commission was about 90$. I tried to set gas lower, but then transaction failed.
that's why NFT is more famous on binance smart chain then Ethereum blockchain. high fee is really big problem for the dex users. still eth price is not that pump yet but what is the price of per eth cross 5k dollars?
transaction fee will be doubled and its not expectable for small users or small transaction. i am really big fan of eth blockchain but developers should do something about high transaction fee