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What are the potential consequences of setting a gas limit that is too low in Metamask for cryptocurrency transactions?

avatarSyed Azhar Hussain ShahDec 16, 2021 · 3 years ago3 answers

What are the potential consequences of setting a gas limit that is too low in Metamask for cryptocurrency transactions? How does it affect the transaction process and fees?

What are the potential consequences of setting a gas limit that is too low in Metamask for cryptocurrency transactions?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Setting a gas limit that is too low in Metamask for cryptocurrency transactions can lead to transaction failures. When the gas limit is set too low, there might not be enough gas to complete the transaction, resulting in a failed transaction. It is important to set an appropriate gas limit to ensure the transaction is processed successfully.
  • avatarDec 16, 2021 · 3 years ago
    If you set a gas limit that is too low in Metamask for cryptocurrency transactions, the transaction may take longer to be processed. This is because miners prioritize transactions with higher gas limits, so a low gas limit might cause your transaction to be delayed or stuck in the mempool. To avoid this, it is recommended to set a reasonable gas limit based on the network congestion and transaction complexity.
  • avatarDec 16, 2021 · 3 years ago
    Setting a gas limit that is too low in Metamask for cryptocurrency transactions can result in higher transaction fees. When a transaction fails due to insufficient gas, you may need to resend the transaction with a higher gas limit, which incurs additional fees. It is important to find the right balance between setting a sufficient gas limit and optimizing transaction costs.