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Topic: What is the gas price in MEW (Read 273 times)

full member
Activity: 154
Merit: 100
🌟 MIRA ICO 🌟
November 03, 2017, 01:02:04 PM
#6
Hello.
I want to know what is the GAS price in the Mew wallet and i want to know how it works.
What is the gas price use to do  transactions ?.Without Adding gas price will not it happens ?
Help me to solve this issue.

Gas is how much fee you pay in $ and is measured in Gwei. This Gwei can be found in the top right corner of your screen and I think the preset is 21 gwei. That should be enough for typical transactions but if you want to get

your $ across faster than I suggest using a higher # anywhere from the 30-50 range should do just fine. Do also be weary of the gas limit as this will also effect how much your fee is.
full member
Activity: 229
Merit: 100
The Operating System for DAOs
November 03, 2017, 12:48:39 PM
#5
Just use this site https://ethgasstation.info/ According to this site you can just use 1 gwei now, because no one is using ethereum now, the ico era is over so ethereum network is almost empty. I like the ethereum right now so cheap gas and almost instant transactions. You can even use 0.1 gwei and it will go through thats like 0.001 $ amazing right? The tokens now are also using less gas and ether delta is working very good now.
member
Activity: 139
Merit: 10
November 03, 2017, 12:38:18 PM
#4
Gas is the amount you are willing to pay for a transaction to get confirmed--Higher gas price, faster confirmation. Different tokens have specific minimum gas limit(21k for eth) so be sure to take note of this to avoid unconfirmed transaction.
Is transaction speed depend on the gas price?.Did you mean it by "Faster confiration"
full member
Activity: 644
Merit: 103
November 02, 2017, 04:51:42 AM
#3
Gas is the amount you are willing to pay for a transaction to get confirmed--Higher gas price, faster confirmation. Different tokens have specific minimum gas limit(21k for eth) so be sure to take note of this to avoid unconfirmed transaction.
full member
Activity: 770
Merit: 101
fLibero.financial
November 02, 2017, 02:20:40 AM
#2
Gas price  is  measure in gwei. And your gwei could start from a thousand to several thousand's depending on your transaction and type of transaction. The fee in ether is very small so you have nothing to worry about.
member
Activity: 139
Merit: 10
November 02, 2017, 01:42:47 AM
#1
Hello.
I want to know what is the GAS price in the Mew wallet and i want to know how it works.
What is the gas price use to do  transactions ?.Without Adding gas price will not it happens ?
Help me to solve this issue.
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