How To Save On Ethereum Gas Fees
As ether (ETH) price soars, so does the Ethereum gas fees. All the transactions, such as sending tokens, trading on Uniswap, or yield farming, carried out in the DeFi space are largely run on the Ethereum network which causes the gas fee to spike to an all-time high. In this tutorial, Hong Kong-based crypto content creator Boxmining shares some insider tips and tricks on how to save on ETH transaction fees, how to cancel, and speed up a stuck transaction so that you will be able to trade on the price you desire.
Video timestamps:
0:00 Introduction
01:50 How to turn on the Gas Fees & Custom Nonce setting on MetaMask?
02:43 Simplified explanation on how gas fees work
03:42 TX Street: Blockchain Transaction Visualizer
05:16 Demonstration on Uniswap
06:32 Strategies to save on Transaction Fees
08:37 How to fix stuck transactions?
10:22 What to do if failed transactions don't appear on MetaMask?
11:10 How to cancel or replace a transaction on Uniswap with MetaMask?
12:02 MUST KNOW TIP for trading on Uniswap
14:20 How to improve the chances of succeeding in the transaction on Uniswap?
16:09 What is Slippage? What is FrontRunning?
The video was first published on January 14, 2021.
