Post
Topic
Board Bitcoin Discussion
Re: How can I avoid paying these crazy transaction fees?
by
hosseinimr93
on 08/12/2023, 17:26:12 UTC
Does Ethereum have the same transaction fees? Is there a mempool.space type of site to check the current trend on Ethereum ?
According to etherscan, the required gas price for getting confirmation is now 45 Gwei.
As for a normal ethereum transaction 21,000 units of gas is required, the required fee is now around 0.0009 ETH which is worth around 2.2 dollars.

The required fee would be higher if you want to send tokens.
Also note that you would have to pay much higher fees for withdrawal from exchanges.