Understand Ethereum gas fees

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Understand Ethereum gas fees

  1. I understand that gas fees are not always high and only high when there's a lot of network traffic. Does that mean gas fees are high when markets are down and everyone's trying to buy at the same time?
  2. I understand that gas fees will look egregiously high on small transactions. Is that because gas fees are independent of how much crypto your buying?

submitted by /u/abu_alkindi
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