Reducing gas fees involves several strategies:
Wait for Low Demand: Gas fees fluctuate based on network demand. If you're not in a hurry, wait for a time when demand is low.
Use a Gas Tracker: Websites like ETH Gas Station provide insights on the current gas price. This helps you set an appropriate fee.
Opt for Layer-2 Networks: Sidechains like Polygon and L2 solutions like Arbitrum reduce on-chain load, offering cheaper transactions.
Adjust Gas Price: In some wallets, you can manually adjust the gas price. Setting it lower might mean slower confirmation, but cheaper fees.
Always stay updated on network upgrades or changes that could affect transaction costs.