Important Notice on Gas Fees for EGLD and DRX Token Transactions
Hi everyone,
The gas fee for EGLD transactions in order to claim the Drx mined token is just $0.001, equivalent to approximately ₦1.66 in Nigerian naira as it is. However, due to the high price of EGLD, it’s not feasible to purchase a very small amount solely for gas fees.
Here are some important points to note:
1- For Sellers:
If you plan to sell your DRX tokens, you’ll need gas fees to transfer them to centralized exchanges (CEXs).
2- For Holders:
If you intend to hold onto your DRX tokens, there’s no immediate need to worry about gas fees and you keep for long term and sell when it improves in value.
3- A Wise Approach:
If you’re unsure about buying gas fees now, you can wait for the token listing. Once you confirm a reasonable allocation in your wallet that correlates with the listing price, you can then purchase the required gas fees. This approach minimizes unnecessary risks and possible liquidation.
A Friendly Advice Reminder:
As a participant in the crypto space, understanding how to fund your own gas fees is essential. No one will always be available to assist with this. You can easily swap from an exchange and get your wallet funded or you get it using P2P or any other methods that suits you.
In the past, most group admins and forum coordinators have sent gas fees to over many individuals out of goodwill. However, humans tends to get aggrieved and aggressive when you ask a lot for things and help especially when they get overwhelmed with requests for gas fees. Please note that groups or forum is not a charity organization, it is there for sharing ideas and enlightenment. If you’re unwilling to make necessary sacrifices to succeed in this space, it may not be the right environment for you as it is or seems.
Thank you for your understanding and happy blogging.
Happy Blogging and Reading 💥💥💥💥💥
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