Explain ethereum > gas fees

Gas Fees

Gas fees are the cost of running a transaction on the Ethereum network.

They're paid in Ether and are used to reward validators for processing transactions.

The more complex the transaction, the more gas is required. The more congested the network, the higher the gas price.

From: 0x742d...f44e
1.0 ETH
Gas: 21,000 × 30 Gwei
To: 0x8B37...0420
Transfer Amount:1.0 ETH
Gas Cost:0.000630 ETH
Total:1.000630 ETH
30
Gwei

Current Gas Price on Ethereum:
Loading... Gwei