estimate gas fees erc20 token purchase - page 2.

zasad@

legendary

Activity: 1974

Merit: 4715

Quote from: mr pickles on March 29, 2021, 02:18:20 AM

I am about to buy some erc20 tokens, but the purchase would be a couple of hundreds USD each

I'd like to check the transaction costs, amount of gas needed to see if it makes sense for me

i have read that metamask provide you an estimation, but I am not using it, using MEW instead

tks

The easiest way to estimate the cost of transactions
https://etherscan.io/gastracker
If you are gonna buy tokens on uniswap, then there is no point in making a purchase for several hundred dollars.
If you have a desire to invest $ 500-1000, then it is better to buy tokens on centralized exchanges, or wait for the launch of a Level 2 solution for uniswap in May 2021.

TWW

full member

Activity: 1456

Merit: 109

What do you mean by buying erc20 tokens from people with transactions from the seller's MEW wallet to your MEW wallet?
to be honest it's risky if you don't use escrow.
it will be safer you buy it in exchange only.
but if you want to know and manage your gas fee you can actually see it on ethgasstation. I usually use it before making transactions from wallet to exchange.

Davian144

hero member

Activity: 2576

Merit: 579

Quote from: mr pickles on March 29, 2021, 02:18:20 AM

I am about to buy some erc20 tokens, but the purchase would be a couple of hundreds USD each

I'd like to check the transaction costs, amount of gas needed to see if it makes sense for me

i have read that metamask provide you an estimation, but I am not using it, using MEW instead

tks

Through MEW you can also check Gas costs directly because MEW is directly connected to Etherscan to check the amount of fees in one transaction, so don't be shy to ask questions in this forum if there are problems or things that you don't know for now, I'm sure everyone here will definitely help you to solve every problem you experience in the crypto space, Except (don't ask for money) Grin

mr pickles

newbie

Activity: 22

Merit: 0

I am about to buy some erc20 tokens, but the purchase would be a couple of hundreds USD each

I'd like to check the transaction costs, amount of gas needed to see if it makes sense for me

i have read that metamask provide you an estimation, but I am not using it, using MEW instead

tks

Topic: estimate gas fees erc20 token purchase - page 2. (Read 255 times)