I have recently invested in NFT and cryptocurrencies. I started watching youtube videos about minting and flipping NFTs. And one strategy that was talked about the most was following projects and minting NFTs that have a large community.
So I followed one of the cheaper projects I found on rarity.tools, and managed to get whitelisted on their Discord server. The cost to mint one of their NFTs is 0.0234 ETH or about $95. I knew that gas prices are very high and that they are very high when you first buy one. So I was willing to pay double the NFT price.
When I went to buy an NFT, gas prices were about $13,000. And I am not going to pay that much for a $95 NFT. And I know you can lower it by waiting, but that only goes down to $4000.
I'd appreciate it if someone could give me some tips on how to lower gas prices.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments