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9 Ways to Reduce Your Ethereum Gas FeesAn ETH transfer requires 21, units of gas, and the base fee is 10 gwei. Jordan includes a tip of 2 gwei. The total fee would now be equal to: units of gas. The cost you pay for a transaction on the Ethereum network is two-fold (as of EIP, Ethereum's transaction fee overhaul which came into effect in August. Daily transaction fees divided by the number of transactions made on the Ethereum network. Chart uses 7-day moving average.
