Gas fee on ethereum

[emmybd]

High transaction cost is a major problem for ethereum transaction. Sometimes it is high and sometimes it is low. You have to check from time to time when the transaction cost is low you can execute the transaction. I always do the same thing.

[Litzki1990]

I was about to do a transaction and the gas fee was very high! Any advice on how to get the lowest gas fees? I have looked at the heatmap, and I can see that at certain times and days, it's a bit lower. Any advice for a newbie? 

Thanks!!

This issue has been around for a long time, the most criticized in the Ethereum market and the most complained about by investors is its excessive transaction fees. A few years ago Ethereum thought of bringing their new technology to the market to eliminate this problem of excessive transaction fees but so far they have not succeeded in bringing their new technology to the market. They are working on Ethereum 2.0 technology till now and so far they have not succeeded in their work. If this technology succeeds in the market, hopefully there won't be the complaints we have about Ethereum.

[LogitechMouse]

I was about to do a transaction and the gas fee was very high! Any advice on how to get the lowest gas fees? I have looked at the heatmap, and I can see that at certain times and days, it's a bit lower. Any advice for a newbie? 

Thanks!!

Do it on weekends.

Currently, it's Saturday here in our country, and I tried to make a transaction on Ethereum Network and the gas fees when I did it is only $8. I did say the word "ONLY" because most of the time especially in the weekdays, the transaction fees on Ethereum can go to as high as $50. For now, that's the best thing that you can do if you want to make a transaction under Ethereum Network, but in general, gas fee on Ethereum is very high especially for an average investor compared to other L2's out there like Polygon, Arbitrum, etc.

My suggestion is that, as much as possible, don't make a transaction on Ethereum network if you are only transferring a few bucks or even a hundred bucks.