Gas Fees can vary based on the complexity of the transaction and the current demand on the network. For example, simple transactions like sending cryptocurrency usually require less gas, while more complex actions, like executing smart contracts or interacting with decentralized applications (dApps), might need more gas. You can adjust gas fees and pay more to speed up a transaction.
How to change the gas fee in a transaction
Family Wallet lets you adjust the gas fee directly in the app to influence the speed of your transaction. Here’s how:
- Select a wallet.
- Tap the
button and then select Send. - Choose the receiver and input the dollar value of the tokens you would like to send.
- Next to the Fee Estimate is a indicator of the estimated speed of the transaction.
- Tap once to make the transaction Fast and twice to make the transaction Urgent. Please note that the transaction fee typically increases as you increase the speed.
- Tap Confirm.