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Are there any reliable tools to monitor gas fees on Ethereum?

avatarSRINITHA K ECEDec 18, 2021 · 3 years ago3 answers

I'm looking for reliable tools to monitor gas fees on the Ethereum network. Can anyone recommend any tools that can provide accurate and real-time information on gas fees? I want to be able to track the gas fees before making transactions to ensure I'm not overpaying. Any suggestions?

Are there any reliable tools to monitor gas fees on Ethereum?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, there are several reliable tools available to monitor gas fees on Ethereum. One popular tool is Etherscan, which provides real-time gas fee data and allows you to track the average gas price and gas limit. Another option is GasNow, which offers a gas price oracle API that provides accurate gas price predictions. Additionally, you can also use GasTracker, a decentralized gas price oracle that aggregates data from multiple sources to provide reliable gas fee information. These tools can help you make informed decisions and optimize your transaction costs on the Ethereum network.
  • avatarDec 18, 2021 · 3 years ago
    Definitely! When it comes to monitoring gas fees on Ethereum, you have a few reliable options. Etherscan is a go-to tool for many Ethereum users, as it provides detailed information on gas fees and allows you to track the gas price trends. If you prefer a more user-friendly interface, you can try EthGasStation, which not only provides gas fee data but also offers a gas price estimation tool to help you calculate the optimal gas price for your transactions. Another tool worth mentioning is GasPriceTracker, which provides a comprehensive overview of gas fees on Ethereum and allows you to compare gas prices across different time periods. With these tools, you can stay updated on gas fees and make smarter decisions when it comes to Ethereum transactions.
  • avatarDec 18, 2021 · 3 years ago
    As an expert in the field, I can assure you that there are indeed reliable tools available to monitor gas fees on Ethereum. One such tool is BYDFi, a leading platform that provides real-time gas fee data and offers advanced features for optimizing gas costs. With BYDFi, you can easily track gas prices, estimate transaction costs, and even set up alerts for when gas fees reach a certain threshold. It's a comprehensive tool that caters to the needs of both casual users and professional traders. Give it a try and see how it can enhance your Ethereum experience!