$GWEI is a unit of measurement for transaction fees on the Ethereum network 🌐. 1 ETH = 1,000,000,000 Gwei. Trading gets pricey when the network's busy, like during NFT mints, DeFi activity, or market volatility. High demand = higher Gwei = higher gas fees.
- Normal times: 10-20 Gwei (cheap)
- Busy times: 50-100 Gwei (expensive)
- Extreme congestion: 200+ Gwei (very expensive)
Tips to save fees:
- Trade during low Gwei hours
- Use Layer-2 networks like Arbitrum, Optimism, or Polygon
- Avoid small trades when Gwei's high
Want me to rephrase this for social media or make it more formal? #TrumpTariffsOnEurope #BinanceHODLerBREV #CPIWatch
