What are gas (network/transaction) fees?

Johnathan

Last Update 3 years ago

A blockchain gas fee is a small amount of money you have to pay when you interact with the blockchain (like sending or receiving an NFT). This fee helps to keep the blockchain running smoothly and it goes to the people who help maintain the blockchain (called "miners"). The more people wanting to use the blockchain at a given time, the higher the gas fee will be.

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