Gas Fee is Fixed Regardless the Amount of ETH to Send
I have seen many small transactions using Steem2ETH Swap
Here is the things you need to know:
- regardless the amount, the gas fee is fixed per transaction, so you pay for example X amount of ETH as transaction fee so that you can send 1000 ETH, or you pay the same amount of gas fee to send 0.001 ETH. TLDR; you might need to avoid small amount of transfers (reduce the number of transfers)
- Higher Gas Fee in general means quicker transfer time you can check this via the Gas Tracker.
Ethereum Blockchain
- How to Fix "Returned Error: replacement transaction underpriced" when Sending the ETH on Ethereum Blockchain?
- How to Transfer or Send ETH to Another Wallet on Ethereum Blockchain?
- How to Check the Balance of a Ethereum Wallet Address?
- How to Check if a Given String is a Valid Ethereum Wallet Address?
- How to Get the Gas Price and Gas Fee on Ethereum Blockchain?
- How to Get the Latest Block Number (Head Block) on Ethereum Blockchain?
- Today.. Gas Fee was High
- Gas Fee is Fixed Regardless the Amount of ETH to Send
Steem to the Moon🚀!
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!ask what is ETH?
ETH is short for Ethereum, a decentralized open-source blockchain platform featuring smart contract functionality. It enables developers to build and deploy decentralized applications (dApps) and create new tokens. Ethereum's native cryptocurrency is called Ether (ETH).
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