Gas-related concepts

Gas fee

Fee paid to miners.

Take Ethereum as an example: when a user transfers money on the Ethereum network, the transaction can only be completed after miners pack this transaction and put it on the blockchain. This process consumes the computational power of the blockchain.

Different tokens are used for payment on different main networks: for example, the Ethereum network uses ETH, while OKC uses OKT.

Calculation formula of gas fee: Gas Fee = Gas Price * Gas Limit.

Gwei

Price per unit of gas.

Gas price is usually expressed in Gwei, 1 Gwei = 0.000000001 ETH.

Gas price

Gas Price refers to the amount of Gwei.

It affects the speed of a user’s transaction. If you set a higher gas price, miners will likely prioritize your transaction. On the contrary, if you lower the gas price, your transaction will typically take more time.

Gas limit

Defines the maximum amount of gas an operation can use before each transaction or contract order.

If the amount of gas used in this operation is less than or equal to the gas limit set by the user, the operation will be executed.

Transactions with a lower gas limit than the gas actually used will never execute. In this case, you will not be refunded the gas spent.

The gas limit is usually set at a standard of 21,000.

Disclaimer
Deze inhoud is uitsluitend bedoeld ter informatie en kan producten bevatten die niet beschikbaar zijn in jouw regio. Het is niet bedoeld als (i) beleggingsadvies of een beleggingsaanbeveling; (ii) een aanbod of verzoek om crypto-/digitale bezittingen te kopen, verkopen of aan te houden; of (iii) financieel, boekhoudkundig, juridisch of fiscaal advies. Het bezit van crypto en digitale bezittingen, waaronder stablecoins en NFT's, brengt een hoog risico met zich mee en kan sterk fluctueren. Overweeg zorgvuldig of het, aan de hand van je financiële situatie, verstandig is om crypto-/digitale bezittingen te verhandelen of te bezitten. Raadpleeg je juridische, fiscale of beleggingsadviseur als je vragen hebt over je specifieke situatie. De informatie in dit bericht (inclusief eventuele marktgegevens en statistieken) is uitsluitend bedoeld als algemene informatie. Sommige inhoud kan worden gegenereerd of ondersteund door tools met kunstmatige intelligentie (AI). Hoewel alle redelijke zorg is besteed aan het voorbereiden van deze gegevens en grafieken, aanvaarden wij geen verantwoordelijkheid of aansprakelijkheid voor eventuele feitelijke fouten of omissies hierin. OKX Web3-wallet en bijbehorende diensten zijn niet aangeboden door OKX Exchange en zijn onderhevig aan de Gebruikersvoorwaarden van het OKX Web3-ecosysteem.

Gerelateerde artikelen

Bekijk meer
NFT BTC ordinals generic thumb
NFT
Bitcoin

Top 7 marketplaces for buying and selling ordinals

The ordinals protocol has gained popularity in the crypto space, with some seeing it as a way to create new protocols and BRC-20 tokens on the Bitcoin blockchain. Ordinals are also known as BTC NFTs and are considered digital artifacts. Once you mint your digital artifact, you can keep it in your wallet or sell it on a marketplace, similar to NFTs. You can learn more about their rarity in our .
30 okt 2025
Gemiddeld
3
GameFi generic thumbnail
GameFi

Ultimate guide to what is Hamster Kombat: HMSTR airdrop tips

Does the idea of tapping on animated hamsters to potentially earn crypto in the near future sound intriguing? Enter Hamster Kombat: the latest Telegram mini-app to take the TON ecosystem by storm. Despite its unconventional premise, Hamster Kombat has garnered massive adoption among Telegram users for its addictive gameplay loop that goes beyond just tapping on mobile phone screens.
30 okt 2025
Beginners
102
Layer-2 generic thumb
Layer2

What is BEVM: evolving Bitcoin into a platform for DApps

Bitcoin is often referred to as digital gold, but what if it could be more than that? Imagine using Bitcoin not just for transactions or holding money, but also to run powerful apps and create new decentralized apps (DApps), like Ethereum does.
21 okt 2025
Gemiddeld
35
MP Cover
Blockchain
DeFi
Protocols

Band Protocol: A Comprehensive Guide to Real-World Data

Most people in the crypto industry are familiar with the concept of decentralized oracles. Originally introduced by Chainlink (LINK), a decentralized oracle network delivers external data to the block
21 okt 2025
4
ERC-7579 thumbnail

What is ERC-7579? Exploring the new standard for enhanced smart account interoperability

ERC-7579 has arrived with a promise to fine-tune existing standards, primarily ERC-6900, for a simpler and more supportive user and developer experience. At the same time, ERC-7579 aims to compliment capabilities, bringing fresh opportunities to the space.
21 okt 2025
Gemiddeld
2
trade-academy-spot-3
DeFi

How To Use Aave To Lend and Borrow Cryptocurrencies

Crypto lending platforms have acquired a bad reputation, but only in the space of centralized finance. In contrast, decentralized lending protocols like Aave are doing just fine. Learn why that is the
21 okt 2025
4
Bekijk meer