CryptoTurkish: Gas Fee

What is Gas Fee?

The transaction fee paid to network validators to process a transaction on the Ethereum network.

ExampleWhen the network was congested, the gas fee climbed as high as 100 gwei.The figures in the example illustrate the concept; they are not current market data.

Related terms

Explore on Yatırım Masası

Frequently asked questions

What is Gas Fee?

The transaction fee paid to network validators to process a transaction on the Ethereum network.

What is Gas Fee called in Turkish?

In Turkish financial reporting and news, Gas Fee is called Gas Fee.

Which concepts are related to Gas Fee?

The concepts most often mentioned together with Gas Fee are Layer 2 and Decentralized Finance.

More terms in Crypto

Crypto guide

Back to the glossary