What is gas fee?
Last updated
Last updated
Gas fees are payments made by users to compensate for the computing energy required to process and validate transactions on the Ethereum blockchain.
For example, if you want to transfer 100 USDT from address A to address B, you need to have 100 USDT in your wallet and also a certain amount of native coins to initiate a transaction.
Ex. ETH on Ethereum/ MATIC on Polygon Network/ BNB on Binance Smart Chain