MultiversX Tracker is Live!

Etherum gas fees explanation

Etherum Reddit

More / Etherum Reddit 389 Views

Hi guys, new to crypto here so dont blame me for not understanding too much

I recently learned about etherum gas fees but i cant wrap my mind around it I actually mine from nanopool and from what i undestood i need to pay this fees 2 time 1) from nanopool to wallet 2) from wallet to binance

Main point i dont get how i should calculate the actual fees. I can see the gas price is like 298 gwei (that is the measurment right?) Now, how can i calculate how much will cost to trasfer 0.05 eth? Because i saw those day the price went crazy high reading about fees around 30/40 dollars

Thx for the explanation guys

submitted by /u/Rekhos
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments