Buy Биткоин BTC
Bitcoin (BTC)
Buy Эфир ETH
Ethereum (ETH)
Buy BNB
BNB (BNB)
Buy Ripple XRP
Ripple (XRP)
Buy Tron TRX
Tron (TRX)
Buy Polygon Matik
Polygon (POL)
Buy Solana SOL
Solana (SOL)
Buy Dogecoin DOGE
Dogecoin (DOGE)
Buy Avalanche AVAX
Avalanche (AVAX)
Buy Cardano ADA
Cardano (ADA)
Buy Polkadot DOT
Polkadot (DOT)
Buy Syscoin SYS
Syscoin (SYS)

What is Gas Fees?

Crypto Terms Glossary: What is Gas Fees?

Gas fees are payments made by users to cover transaction or smart contract execution costs on the Ethereum blockchain network, in compensation for the computing energy that such executions require. Gas fees are generally priced in a small amount of the cryptocurrency ether (ETH). The sender of a transaction can decide if they want the transaction to be sent slowly or quickly. The faster the transaction is processed, the more gas fees it will require.

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.
Make crypto bots for trading
Bitcoin: Pakistan launches strategic bitcoin reserve and dedicates 2,000 MW to mining
On May 28, 2025, at the Bitcoin 2025 conference in Las Vegas, Pakistan announced the creation of a strategic bitcoin reserve, a major step in the development of a national cryptocurrency..
Mining: Mining pools face increasing mining difficulty
Bitcoin's mining difficulty rose 3.7% in 24 hours, making mining more difficult and highlighting the need for energy efficient solutions in the industry.
Bitcoin: Bitcoin-ETFs in the US show significant inflows of funds
U.S. bitcoin-ETFs raised 25,500 BTC in a week, indicating high investor interest.
Press Releases: Biconomy.com on the Global Stage: Building the Future of Blockchain Through Real-World Presence
In a digital world driven by blockchain innovation, Biconomy.com is showing that real-world presence matters more than ever. From Paris to Dubai, Tokyo to Toronto, Biconomy’s global roadshow..
⁝⁝⁝

Trending news

  • Artificial Intelligence (AI)
  • Altcoins
  • Bitcoin
  • DeFi
  • Ethereum
  • show more