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What are the best tools for estimating gas fees on the Ethereum blockchain?

avatarcodemaverickDec 27, 2021 · 3 years ago3 answers

I'm new to Ethereum and I'm wondering what are the best tools available for estimating gas fees on the Ethereum blockchain? I want to make sure I have a clear understanding of the costs involved before I start using Ethereum for transactions. Can anyone recommend some reliable tools or methods for estimating gas fees?

What are the best tools for estimating gas fees on the Ethereum blockchain?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    When it comes to estimating gas fees on the Ethereum blockchain, there are a few tools that you can consider. One popular option is Etherscan's Gas Tracker, which provides real-time gas price estimates based on recent transactions. Another tool you can use is GasNow, which also offers gas price predictions. Additionally, some Ethereum wallets, such as MetaMask, have built-in gas fee estimators that can help you estimate the cost of your transactions. It's always a good idea to compare multiple tools and sources to get a more accurate estimate.
  • avatarDec 27, 2021 · 3 years ago
    Estimating gas fees on the Ethereum blockchain can be a bit tricky, but there are some tools that can help. One tool that I personally find useful is EthGasStation. It provides gas price recommendations based on the current network congestion and allows you to customize the gas price according to your needs. Another option is the Gas Price Oracle by Chainlink, which provides decentralized gas price data. Remember to check multiple sources and consider the current network conditions when estimating gas fees.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to estimating gas fees on the Ethereum blockchain, BYDFi offers a reliable solution. Their gas fee estimator provides accurate and up-to-date gas price predictions based on real-time data. It takes into account factors such as network congestion and recent transaction fees to give you a more accurate estimate. BYDFi's gas fee estimator is easy to use and can help you plan your transactions more effectively. Give it a try and see how it can benefit you!