How to save on Ethereum gas fees | Explaining the ETH gas system: why is it so expensive?

How to save on Ethereum gas fees | Explaining the ETH gas system: why is it so expensive?

How to save on Ethereum gas fees | Explaining the ETH gas system: why is it so expensive?? Ethereum is undoubtedly the most convenient and most popular blockchain network at the moment. The many opportunities that Ethereum offers blockchain developers make it an indisputable leader and push the ETH token price up. Ethereum is not only the most popular network, it is also the most expensive to use. Ethereum’s commission is now around $50, that’s the best case scenario and in peak time, it exceeds $100.

Fees are not something you can ever avoid. Whenever you want to mint an NFT, send ERC-20 tokens to another wallet or buy some assets, you have to pay.

In this video guide, we explain how Ethereum fees work and show you how to reduce them. We will start with the basics and move on to the solution.

Watch the video to learn how to cut costs on Ethereum.

0:00 Intro
1:10 What is Ethereum Gas?
2:28 Why does the ETH gas system exist?
3:51 Why ETH gas fees fluctuate?
5:27 When is the best time for an Ethereum transaction?
7:08 Why are ETH gas prices so high?
8:06 Ethereum’s gas problem

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