What are gas fees and how do they affect trading?
An example of an AI chatbot conversation about the impact of gas fees on trading.
What are gas fees and how do they affect trading?
Gas fees are transaction costs on the Ethereum network, affecting how quickly trades are processed.
Why do gas fees fluctuate so much?
Gas fees fluctuate based on network demand; higher demand leads to higher fees as users compete for transaction priority.
How can I minimize gas fees when trading?
You can minimize gas fees by trading during off-peak hours or using layer 2 solutions that offer lower fees.
Are there any platforms that help with gas fee management?
Yes, some platforms provide tools to track and optimize gas fees, helping you choose the best times to trade.
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