How can I reduce gas fees when using Opensea for buying and selling cryptocurrencies?

3 answers

• Dec 16, 2021 · 3 years ago
  One way to reduce gas fees when using Opensea is to choose the right time to make your transactions. Gas fees tend to be lower during periods of low network congestion, such as late at night or early in the morning. By timing your transactions strategically, you can potentially save on gas fees.
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• Dec 16, 2021 · 3 years ago
  Another strategy to reduce gas fees on Opensea is to batch your transactions. Instead of making multiple small transactions, try to combine them into a single transaction. This can help reduce the overall gas fees you'll need to pay. Just make sure to carefully plan and organize your transactions to ensure they can be batched together effectively.
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• Dec 16, 2021 · 3 years ago
  At BYDFi, we recommend using decentralized exchanges (DEXs) like Opensea to reduce gas fees. DEXs operate on blockchain networks and typically have lower fees compared to centralized exchanges. Additionally, you can consider using layer 2 solutions like Loopring or Polygon to further reduce gas fees. These solutions allow you to perform transactions off-chain, resulting in significantly lower fees.
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