What is the best tool to monitor gas prices on the Ethereum network?
Loralee MaynardDec 24, 2021 · 3 years ago3 answers
I am looking for the most reliable and efficient tool to monitor gas prices on the Ethereum network. Can anyone recommend the best tool for this purpose? I want to be able to track gas prices in real-time and make informed decisions based on the current market conditions. Any suggestions?
3 answers
- Dec 24, 2021 · 3 years agoOne of the best tools to monitor gas prices on the Ethereum network is Etherscan. It provides real-time updates on gas prices and allows you to track the average gas price, as well as the fastest and cheapest gas prices. You can also set up alerts to notify you when gas prices reach a certain threshold. Etherscan is widely used and trusted by the Ethereum community, making it a reliable choice for monitoring gas prices.
- Dec 24, 2021 · 3 years agoIf you prefer a more user-friendly interface, you can try using GasNow. It offers a simple and intuitive dashboard that displays gas prices in a clear and easy-to-understand manner. GasNow also provides historical data and trend analysis, allowing you to make informed decisions based on past gas price movements. It's a great tool for both beginners and experienced Ethereum users.
- Dec 24, 2021 · 3 years agoAnother option you can consider is BYDFi. It is a decentralized finance platform that offers a comprehensive suite of tools for monitoring gas prices on the Ethereum network. With BYDFi, you can not only track gas prices in real-time but also access advanced analytics and insights. It provides a user-friendly interface and is designed to cater to the needs of both individual traders and institutional investors. BYDFi is constantly improving and adding new features to enhance the user experience.
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