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What are the best tools to monitor gas prices on the Ethereum network?

avatarKhoi PhamDec 30, 2021 · 3 years ago4 answers

I'm looking for the most reliable and efficient tools to monitor gas prices on the Ethereum network. Can anyone recommend the best options available? I want to make sure I have access to accurate gas price data to optimize my transactions on the Ethereum blockchain. Any suggestions?

What are the best tools to monitor gas prices on the Ethereum network?

4 answers

  • avatarDec 30, 2021 · 3 years ago
    One of the best tools to monitor gas prices on the Ethereum network is Etherscan. It provides real-time gas price data and allows you to track the average gas price, as well as the fastest and cheapest gas prices for transactions. Etherscan also offers a gas tracker chart that displays historical gas prices. It's a reliable and widely used tool in the Ethereum community.
  • avatarDec 30, 2021 · 3 years ago
    If you're looking for a more user-friendly option, you can try using GasNow. It provides a simple and intuitive interface to monitor gas prices on the Ethereum network. GasNow also offers gas price predictions based on historical data, which can be helpful in planning your transactions. It's a great tool for both beginners and experienced Ethereum users.
  • avatarDec 30, 2021 · 3 years ago
    BYDFi is another tool that can be used to monitor gas prices on the Ethereum network. It provides real-time gas price data and allows you to set gas price alerts. With BYDFi, you can receive notifications when gas prices reach a certain threshold, ensuring that you never miss an opportunity to optimize your transactions. It's a convenient tool for active Ethereum traders.
  • avatarDec 30, 2021 · 3 years ago
    When it comes to monitoring gas prices on the Ethereum network, it's important to consider multiple sources to ensure accuracy. In addition to Etherscan, you can also check out other popular tools like GasTracker and EthGasStation. These tools provide similar functionalities and can give you a more comprehensive view of the gas price landscape. It's always a good idea to compare data from different sources before making any transaction decisions.