Ethereum is using Gas Price & Gas Limit to calculate the cost of a transaction


The higher the Gas Price you sent the faster transaction will be confirmed,


Imagine Gas Limit is like a fuel tank in your car, while Gas Price is price of fuel / liter . The higher octane of your fuel, the faster your car moving forward.


When you sending ethereum to Blokmy wallet , we recommend using https://ethgasstation.info/ to calculate your Gas Price and Gas Limit


When you sending ethereum out of Blokmy wallet, Blokmy's Algorithm automatically calculate Gas Price & Gas Limit and ensures that your transaction is confirmed < 1 minute