How to Avoid Overpaying for Gas Fees

Written By: Mr. GasMan

Gas fees are an essential part of blockchain transactions, but overpaying for them can be frustrating, especially during periods of high network activity. Here are practical tips to help you minimize your gas costs:

1. Choose the Right Time

Gas fees often fluctuate based on network congestion. Peak times like weekdays during business hours (UTC) tend to have higher fees. Instead, try to make transactions during off-peak hours, such as late nights or weekends.

2. Use Fee Estimation Tools

Take advantage of tools like ETH Gas Station, Blocknative Gas Estimator, or Etherscan Gas Tracker. These provide real-time gas fee data, helping you decide the optimal fee for your transaction.

Trezor Safe 5

Ultimate convenience with a vibrant color touchscreen & confirmation haptic feedback. Experience crypto security on an entirely new level.

3. Set Custom Gas Fees

Most wallets allow you to set custom gas fees. If you’re not in a hurry, choose a lower gas fee to save money. Be cautious: setting fees too low may result in delayed or failed transactions.

4. Bundle Transactions

If your wallet supports it, combine multiple actions into a single transaction. This reduces the number of fees you pay overall.

5. Use Layer 2 Solutions

Layer 2 networks like Polygon, Arbitrum, and Optimism offer significantly lower gas fees than Ethereum’s mainnet. Migrating your transactions to these solutions can save you a lot.

6. Opt for Gas-Free Networks

Some blockchains, like Solana or Avalanche, are designed for minimal or zero gas fees. For certain use cases, switching to these networks may be more economical.

7. Monitor Gas Fee Trends

Platforms like gasfees.org provide updates on gas fee trends across all blockchains. Staying informed can help you anticipate spikes and act accordingly.

8. Use Efficient DApps

Some decentralized applications (DApps) are optimized to reduce gas fees. Look for platforms with a track record of minimizing transaction costs.

9. Consolidate Funds

Reduce frequent small transactions by consolidating funds before making significant transfers. This strategy decreases the overall number of transactions and fees paid.

10. Leverage Gas Tokens

Gas tokens, such as Chi Gastoken, can help reduce fees during high congestion by storing cheaper gas and using it when fees spike. However, this method is more suited for advanced users.

By implementing these strategies, you can significantly lower your gas expenses and make the most out of your blockchain transactions.

For regular updates on gas fee trends, bookmark gasfees.org and stay ahead of the game.

 

Share this blog: 

Cryptotag Zeus

Protect your wallet backup with this virtually indestructible 6mm thick titanium backup system. With the new number punch system you can easily record your 12-,18-, or 24-word BIP39 recovery words that back up your crypto hardware wallet, and HODL in peace forever.

News from Cointelegraph.com

RSS Cointelegraph.com News
  • AI agent platform Virtuals revenue plunges to $500 a day with token down 90% April 9, 2025
    The artificial intelligence agent creation and monetization platform Virtuals Protocol has seen its daily revenue plummet to just $500 as demand for crypto AI agents continues to wane.“Probably one of the wildest crypto charts of the cycle,” Blockworks researcher Sharples said in an April 8 X post.Steep decline in AI agent creationSharples said that it […]
    Cointelegraph by Ciaran Lyons
  • Shaquille O’Neal gets judge’s greenlight for $11M Astrals NFT settlement April 9, 2025
    Former NBA star Shaquille O’Neal has been granted final court approval to settle a class-action lawsuit for $11 million with Astrals non-fungible token (NFT) buyers.Florida federal court judge Federico Moreno granted approval of the settlement between O’Neal and the class group led by Daniel Harper in an April 1 order made available on April 8.The […]
    Cointelegraph by Martin Young
  • Melania Trump’s memecoin team ‘quietly sold’ $30M, says Bubblemaps April 9, 2025
    The team behind US first lady Melania Trump’s memecoin, Melania Meme (MELANIA), has moved $30 million worth of the token out of the project’s community funds and has begun selling them, says blockchain analytics firm Bubblemaps.Bubblemaps said in an April 7 X post that 50 million MELANIA tokens worth around $30 million “was moved from […]
    Cointelegraph by Jody McDonald
  • Hackers hide crypto address-swapping malware in Microsoft Office add-in bundles April 9, 2025
    Malicious actors are attempting to steal crypto with malware embedded in fake Microsoft Office extensions uploaded to the software hosting site SourceForge, according to cybersecurity firm Kaspersky.One of the malicious listings, called “officepackage,” has real Microsoft Office add-ins but hides a malware called ClipBanker that replaces a copied crypto wallet address on a computer's clipboard […]
    Cointelegraph by Stephen Katte
  • Trump tariffs could lower Bitcoin miner prices outside US, says mining exec April 9, 2025
    The Trump administration’s sweeping tariffs could collapse US demand for Bitcoin mining rigs, which would benefit mining operations outside the country as manufacturers will look outside the US to sell their surplus inventory for cheaper, says Hashlabs Mining CEO Jaran Mellerud.“As machine prices rise in the U.S., they could paradoxically decrease in the rest of […]
    Cointelegraph by Brayden Lindrea
  • Here’s what happened in crypto today April 8, 2025
    Today in crypto, Binance announces the delisting of 14 tokens; Ripple reveals a $1.25 billion acquisition of prime broker Hidden Road; and crypto lawyer James Murphy files a FOIA lawsuit seeking information on an alleged meeting between Satoshi Nakamoto and the US Department of Homeland Security.Binance to purge 14 tokens following ‘vote to delist’ processBinance […]
    Cointelegraph by Cointelegraph
  • RedStone targets trading latency with new oracle on MegaETH April 8, 2025
    RedStone, a blockchain oracle provider, has introduced a push-based oracle on MegaETH to tackle latency issues that challenge the efficiency of onchain trading.According to a spokesperson for RedStone, the new oracle can push new prices onchain every 2.4 milliseconds. Initially debuting on MegaETH, an Ethereum layer-2 network, the product may be rolled out to additional […]
    Cointelegraph by Christopher Tepedino
  • Bitcoin price could rally even as global trade war rages on — Here is why April 8, 2025
    Crypto and equities traders were hopeful for a last-minute solution that would prevent the US from enacting 104% tariffs on Chinese goods entering the United States, but in a press conference, the White House confirmed that the tariffs would start on April 9. Markets deteriorated when Peter Navarro, trade adviser to US President Donald Trump, […]
    Cointelegraph by Marcel Pechman
  • Cboe BZX files to list Canary's SUI ETF April 8, 2025
    Cboe BZX Exchange has asked United States regulators for clearance to list an exchange-traded fund (ETF) backed by Sui (SUI), the native token of the Sui Network, public filings show. The request submitted on April 8 must be reviewed and approved by the US Securities and Exchange Commission (SEC) before the exchange can list any shares […]
    Cointelegraph by Alex O’Donnell
  • Bitcoin weekly RSI hits bull market low as trader sees $70K BTC price bottom April 8, 2025
    Bitcoin (BTC) has a new $70,000 reversal target as a leading indicator sets new bull market lows.In X analysis on April 7, popular trader and analyst Rekt Capital predicted that BTC/USD could find its floor near old all-time highs from 2021.History suggests $70,000 should end BTC price dipBitcoin can dip as low as $70,000 before […]
    Cointelegraph by William Suberg