Cryptocurrency Q&A
How much ETH do I need for a transaction?
How much ETH do I need for a transaction?
CosmicDreamWhisper
Sat Nov 30 2024
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5 answers
750
I'm trying to figure out the amount of Ethereum (ETH) that I need to have in order to complete a transaction. I want to know the right amount so that my transaction goes through smoothly.
5 answers
EthereumLegendGuard
Mon Dec 02 2024
Transaction complexity is assessed through the computational effort required.
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CryptoConqueror
Sun Dec 01 2024
This effort is quantified in units known as "gas."
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CryptoVeteran
Sun Dec 01 2024
A basic transaction, such as sending ETH from one wallet to another, is among the simplest actions one can perform.
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CryptoPioneer
Sun Dec 01 2024
Despite its simplicity, this transaction can consume up to 21,000 units of gas.
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ShintoBlessing
Sun Dec 01 2024
Each unit of gas is equivalent to a minute fraction of ETH, specifically 0.000000001 ETH or 10-9 ETH.
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