What Are Ethereum Gas Fees?

eth gas  Gas refers to the fee required to successfully conduct a transaction on the Ethereum blockchain Gas fees are paid in Ether and denominated in Gwei Learn ETH Price $3, @ BTC Market Cap $441,712,588, Transactions M Med Gas Price 1 Gwei

The Bottom Line The gas fee is the oil of a blockchain network It is like petroleum or diesel, which cars need to move from one location to Gas Price Predictions based on Ethernet transaction memory pools 9 Priority Fee Max Fee 14 $ ≈ 3 min ETH Price:$ Gas Guzzlers (

Gas Snapshot Price at 672024 2:41:37 PM UTC - Low: 19 gwei Avg: 19 gwei For example, you will pay a larger fee if you send to a smart contract address or if you send an ERC20 token compared to if you send ETH