I successfully sent some cryptocurrency the other day. Then when I looked over my transaction, it had a gas amount or charge. What is this gas amount? I never heard of it and I don't even know what it is. Now is there anyway to avoid it or at the very least minimize it's amount? Please can someone give me some advice and steer me in the right direction!
Its the transaction fee you use to pay for your ethereum transaction to be included in blocks and get confirmed in a while. You can minimize your fee by reducing the amount of gwei. Decreasing and increasing your gas fee will affect the speed of transaction confirmations.
