Insidor
  • Tutorial
  • What is "Buy On" in Transaction Configuration
  • What is "ETH / BNB Amount" and "Max Percent"
  • What is "Account's Percent" in Transaction Configuration?
  • What are ‘Buy Instant’ and ‘Gas Multiplier’ for?
  • What is "Sell on warn" and "Gas Multiplier"?
  • What is "GWei" setting?
  • What is "PreCheck Tx"
  • What is "Original Router" Checkbox
  • What is "slippage"
  • Is it safe to connect your wallet?
  • What is "signing a message" in when connecting wallet?
  • What is "Same Amount" in Copy Trading Sell Configuration?
  • What is "Sell Instant" in Copy Trading?
  • What is "Threshold" in Copy Trading
  • What is "Buy Once" in CopyTrading configuration?
  • What is "Same Amount" in Copy Trading Buy Configuration?
  • What is "Buy Instant" in Copy Trading?
  • What is "Gas Limit" in Transaction Configuration?
  • What is Excluded Tokens List in Copy Trading
  • How are accounts secured in the Insidor DApp?
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What is "Gas Limit" in Transaction Configuration?

Gas limit is the amount in ETH / BNB or other native coins that you are willing to pay as gas fee to execute a transaction.

Since you are using the automatic trading system in our DApp, sometimes the gas price can be high according to blockchain traffic at the relevant point in time when you wish to execute a transaction.

Therefore, setting the gas limit can prevent from you from spending an unanticipated amount in gas fee for frontrunning other transactions.

If Gas Limit is set to 0.1 and the transaction you are sending costs more than 0.1ETH for the gas fee, then the DApp won't send the transaction.

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Last updated 2 years ago