What are Gas Fees?
A small amount of ETH is required for the transaction fee when sending any transaction on the Ethereum network. In real-world terms, the gas is analogous to the fuel (a transaction fee) that executes the type of transaction you're performing.
The miners are also paid with the gas fees. They are responsible for validating your transaction and executing it on the network.
Gwei is an ETH denomination that is used to efficiently calculate gas fees (payments made to miners for transaction processing).
You can read more about gas fees here.
How much Gwei should I use?
Gas fees on Ethereum are constantly fluctuating and changing. As a result, when you want to transact on Ethereum (for example, buying an NFT or sending ENJ to another wallet), you must specify the maximum fee you are willing to pay for the transaction.
You can pay the transaction fee with any amount of Gwei you want. The more you use, the more you pay and the faster your transaction is approved.
Please keep in mind that if you send a transaction with too little Gwei as a fee, it may take a while for the transaction to be mined and may even be dropped if the network is too congested.
To minimize transaction fees and ensure successful transactions, we recommend using ethgasstation.info to determine an appropriate gas price to use.
How to manually choose transaction fees?
When you are about to send a transaction, tap the Standard button below the Transfer Fee label, then either select one of the suggested amounts of gwei or tap on Advanced to manually set the amount.
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