Ethereum gas fees vary according to supply and demand. They spike when demand is high. By timing Ethereum gas prices correctly, you can decide when it's best for you to mint, buy or sell.
How to stay updated with Ethereum gas price changes:
1. Go to: https://etherscan.io/gastracker
Note: The estimated Ethereum gas price is updated constantly at exact time.
- You can analyze the lowest, average and highest gas price at any moment by looking at https://etherscan.io/gastracker:
- You can estimate the cost of a given transaction https://etherscan.io/gastracker by looking at the transaction examples:
- If your transaction isn't urgent, you can track past gas prices with the oracle gas price. Scroll down to the bottom at https://etherscan.io/gastracker page and analyze this graph. That could give you hints to when gas prices are lowest: