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Author Topic: How do people know what to set the Gas Price and Gas Limit to?  (Read 61 times)
Playboi (OP)
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August 14, 2018, 07:04:39 PM
 #1

i know that ethgasstation is a source, but is this pretty much a guessing game if you want to pay low fees?
cryptobae10
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August 15, 2018, 06:46:01 PM
 #2

It’s not actually a guess game
And honestly if you had played around very well
You would have realized that 66 gwei and 25200 to send eth is very cheap for as low as 0.4$

Just get the right procedures
That’s all that matters in every sending of eth in or out of your Etherum Wallet
bitmover
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August 15, 2018, 06:57:33 PM
 #3

i know that ethgasstation is a source, but is this pretty much a guessing game if you want to pay low fees?


To reduce the price of your transactions you  need to lower the Gas Price.
On the website https://ethgasstation.info/ search for Gas Price SafeLow (Gwei). This is a safe value of Gas Price for cheap and low priority transactions.

Gwei is a fixed amount of ethereum (0.000000001)

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