Crypto Tutorial : How to change gas fee in Trustwallet

[Ub40]

This is a very long and useful review. I have really learnt a lot. But I am wondering why they would provide option to reduce the gas fees yet transaction will not be successful when done. Maybe it is for some coins, but not sure though. Thanks for sharing.

 

[Trexxxy]

Just like a lot of people in the comments have said, I have heard of this before, but I haven't actually done it yet. Thanks for the info, it will help in the long run.

 

[Bousine123]

Thanks for sharing this information, you did a great job there, at least if I want to reduce gas fee during a transaction in my trust wallet I will not panic.

 

[Grandeur]

Even with this method, the transaction fee is still high compared to what I send. I use binance to make my crypto transactions by converting to bnb which has low gas and network fees

 

[Kunkun]

Thanks for this information definitely, I do use trust wallet and have not done this before and it's something that could be tried too in future transactions and hopefully it can help reduce the fees

 

[greenie]

Thanks for this tutorial though. I think the only downside to it is that the transaction will be delayed. Meaning it will be only advised for transactions with people who trust you and can be patient with you. Otherwise, doing this on a p2p platform, where transactions are expected to be swift might cause issues.

 

[Setho]

This is actually very good because sometimes you might not want the transaction to actually be implemented at a particular time so you are ok waiting for it till gewei is back to cheap.

 

[James]

That's great tutorial as I was never knew before but as you said to save some money we might see money comes late or even transaction can be cancelled which could means we lose money if prices goes up or down too quickly.

 

[Chibson]

There are also some negative aspects to this, but it's a great tutorial though. If you change the gas fee your transaction may not go through or it will waste a lot of time.

 

[Shigobad2020]

The gas fee being low always affects the transaction , most time if the transaction fee is very low , it will really take a long time before it reaches your side but If the gas fees is high , the transaction will be faster .

The main problem with setting low gas fees is you will have to wait for longer for the transaction confirmations and for the transaction to complete. You will have to strike a middle path in choosing gas fees.

 

[Laurentta]

This is a really nice tutorial. Thank you for sharing this information. I hope that one day i'll change gas fee in Trust wallet using the information you just shared with us.

 

[Sotherefore]

Thank you for sharing the useful tips. Even with this you will still have a higher transaction fee though, personal I try as much as possible to avoid it completely by only transacting with cryptocurrency with a lower transaction fee.