How To Pay Zero Ethereum Gas Fees on Every Transaction with This Hack ????| *Easy* Ethereum Hack

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Have you also been troubled, paying too much
gas on Ethereum transaction, whenever you go to do Ethereum transaction, you see the
gas touching the sky, if you have the same problem then make sure to watch the video
till the end. In this video I am going to tell you what
is Gas in Ethereum and how can you reduce it so you can save maximum money in doing
Ethereum transactions and if you are new on this channel and want these types of tricks
related videos then Don't forget to SUBSCRIBE to my channel. I make videos on this channel every week related
to Crypto, Stocks, Personal Finance. And Announcement for all of you newbies if
you want to participate in Shiba Inu giveaway which I am going to do as soon as my channel
hits 500 subscribers.

You have to make sure that you have subscribed
to my channel and as soon as I hit 500 subscriber goal I am going to do the Shiba Inu giveaway
and don't forget to like this video so that the video can reach more places and help you
all to learn these tricks. So, let's go to our video and learn what is
Gas in Ethereum? And how can we reduce it to $0 on every transaction. A gas used in Ethereum is a unit of type,
so that we measure how much computational power is need for the transaction or action
that is taking place in blockchain. Its reference was taken from gasoline like
gasoline also helps car trucks or any other vehicle to drive.

Without gasoline any vehicle can not go from
other place to other place in the same way comes gas in Ethereum. Gas fuels the transactions and helps us so
that we can perform different operations on the blockchain. Every operation performed on Ethereum blockchain
has to be précised on Ethereum virtual machine which we call EVM. Every EVM has an associated gas cost for example
if I want to add two numbers then its gas cost of adding 2 numbers is 3GAS, If you want
to check balance of any wallet then the Gas cost will be 400GAS, If you want to do any
transaction from one wallet to another wallet in Ethereum then its cost is 21,000 GAS. It doesn't stop here. The Smart Contracts has got many operations
like these, due to which its gas piece can go to 1,00,000 GAS.

pexels photo 1097946

Yes, you heard it right up to 1,00,000. Due to the mixture of these different kinds
of operations. We have to pay huge sums of gas fees. If you want to transfer anything from one
wallet to other wallet. Then it will go ahead and calculate that how
much gas fees is needed to paid by you according to the gas price at this particular moment. It then goes on and shows us different options. These option are Fast, Medium and Slow. If you want your transaction to be done immediately
then you have to go with fast option but here is a catch to do transaction as soon as you
want You will have to pay high gas cost. whereas if you have a little time then you
go with slow mode, you do not have quick transactions in slow mode but you have to pay less gas
fees. But even slow mode comes another problem which
happens very often, that if you Want to make a small transaction like $5 – $10 even in
slow mode, your gas cost is shown up to $30-$40. So here, even slow mode is still not beneficial
for you. So to not pay this high fees you would have
to use my trick and It should minimize the cost to minimum possible.

When you will go to do the transaction and
you will be on the transaction page, then you will see the option of edit below, you
have to click on it, there you will see two options, one is basic and the other option
is advanced. So, you have to click on the advanced option. Then when you click it you will be shown 2
options. Gas Price and Gas Limit. It now depends on you, how long can you wait
for your transaction to go through. If you do not want to give gas at all. Put 1GWEI in the Gas Price column and as soon
as you enter you will see that the cost of gas has come down a lot. But there is also a bad side of putting 1
GEWI . That putting 1 may cost your transaction to fail. So my recommendation would be that you put
anything in the middle of the 5-50 GEWI. So, that the transaction goes smoothly and
if you want to reduce this transaction even more then you have to go to the column of
Gas Limit and fill 21,000 over there.

It automatically is usually set to a higher
number so you have to manually go and then change it to 21,000 in it and you will immediately
notice that you have reduced the gas very much, If you do this trick, you can clearly
notice the price difference in the cost of transaction. Where it could cost us $10 for the smallest
transaction now it is charging us $0 for the same transaction. Do not forget to use this trick on every transaction
possible so that you can save maximum amount in gas fees. And do not forget to hit the Subscribe button
so I can keep making videos to help you make and save you money every week and don't forget
to like the video so that this videos is in the next video Seeya.

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