ARE YOU PAYING MORE FOR ETHER TRANSACTION ??

in #bitcoin6 years ago

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I have learned last year that sending ETHER or any ERC-20 token in the exchanges can take a few minutes to a few hours. I have spent a few times on transactions for a few bucks to make transactions about $ 10 per transaction because the network was actually supported at that time. Last December, the Ether Network came in very crowded and waited 2-3 hours for about $ 3- $ 5 per transaction.

Before sending an atharium transaction from at least one day in the day, check this website: https://ethgasstation.info/ This will tell you how much you should spend on the transaction and you can literally save $ 100 or more if If you do daily business then one year course. Now, I bet some of you are still paying more for ether transactions because cryptocytes drama was still going on when the network was so badly supported that you set your gas prices too high And probably can not change it. The Atrial network is not very supportive, and the price of 10 gigaes or slightly lower gas should be appropriate.Screenshot_2018-08-06-10-39-05-070_com.android.chrome.pngGas price of ether transaction from MyEtherWallet can be adjusted near the top right corner where it says the price of the gas. You can theoretically make it between 1 gwei and 10,000+ gwei, but you will spend thousands of dollars with 10,000 gweek transactions. Changing the gas limit is usually not a good idea unless you do not know what you are doing because each token has its own gas limit. But changing the cost of gas is something that you should do.

Personally, I'm sticking with 10 because it's still only 4 cents per transaction or less, but if you're still paying 50 gays per transaction, then you are spending more. Actually what I am saying is that when the prices of the network are high, then I will pay a higher gas price, but I wait for 2-3 minutes for 10 gweek transactions, right now with me.

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Good info bro very useful.

That is a useful full information about crptocurrency

You have taken a good issue for rewiew everyone should take part in it. thanks

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Yes you have posted a good article about eth fee but as you know that some airdrops also collecting some ether from your ether wallet.they have no certaria for their fee

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