Mintable Help
  • Welcome to Mintable
  • NFT Basics
    • What is ETH/Ethereum?
      • What is an Ethereum Wallet - how do I get one?
      • How do I get ETH?
      • Why is Ethereum Gas Fees so High?
      • How do I speed up or cancel a pending transaction on Ethereum?
      • Gasless Minting
    • What are NFTs (digital items)?
  • THE ECOSYSTEM
    • The Mintable Ecosystem
    • Should I mint on Mintable or Mintology?
  • USING MINTABLE
    • Get Started
    • NFT Wallets
      • What Crypto Wallets are supported by Mintable?
      • Mintable Custodial Wallet
        • Frozen Mintable Custodial Wallet!
        • Claiming Mintable Custodial wallet
      • Connecting more wallets
      • Linking your Metamask - Mobile Version
      • Removing wallets
      • NFT Tags
    • Your Profile
      • Edit my profile/Account settings
    • Searching on Mintable
      • What is a "Guaranteed Authentic" collection?
      • Search with AI
      • Marketing Assets for Project Owners
    • Buying and Selling NFTs
      • How to Sell Items that are already in Your Wallet
  • For Creators
    • Creating NFTs
      • How to create an item
        • What files can I upload and what is the size restrictions?
      • How to edit your listing price
      • How to cancel your listing
      • Certifying your rights
    • Collections
      • Creating a Collection
      • Minting to Collection
      • Manage Collections
      • Listing from Collection
      • Customise Collection Page
  • Claimable NFTs
    • What is a Claimable NFT?
  • How to Create a Claimable NFT collection?
  • FAQs
    • Why buy these NFTs? / What makes them valuable?
    • How do I know what I'm buying is legit and not a fake?
    • How to sell digital items?
    • How to view my NFTs in MetaMask?
    • How to Transfer NFTs on Mintable?
    • How do I delete or burn my NFTs?
    • How do I find the contract address for my NFTs?
    • Help!
      • My account is disabled.
      • I have received a verification code email to create a Mintable account that I did not request.
      • Advanced - Custom Server for Metadata
      • User Safety Guide: Staying Safe on Mintable and in the Metaverse
    • Digital Millennium Copyright Act or “DMCA”
    • I would love to work with Mintable!
    • Immutable X
      • What is Immutable X?
Powered by GitBook
On this page

Was this helpful?

  1. NFT Basics
  2. What is ETH/Ethereum?

Why is Ethereum Gas Fees so High?

PreviousHow do I get ETH?NextHow do I speed up or cancel a pending transaction on Ethereum?

Last updated 9 months ago

Was this helpful?

The Ethereum network requires gas to execute transactions. When you send tokens, interact with a contract, send ETH, or do anything else on the blockchain, you must pay for that computation. That payment is calculated in gas, and gas is always paid in ETH.

You are paying for the computation, regardless of whether your transaction succeeds or fails. Even if it fails, the miners must validate and execute your transaction, which takes computational power. You must pay for that computation, just like you would pay for a successful transaction.

You can try to lower gas fees in your transaction settings. However, please keep in mind that it would take longer for the transaction to process or fail the transaction in case you select the lowest gas price.

To estimate the price, please check the Ether transaction calculator: . You can also monitor gas prices daily as they fluctuate: .

https://ethgasstation.info/calculatorTxV.php
https://ethgasstation.info/index.php