Module 2 · Lesson 7 · 9 min

What Are Gas Fees?

What you'll be able to do

  • Explain what a network fee pays for and why you need the chain's own coin to pay it.
  • Calculate an Ethereum fee from gas used, base fee and tip, and say how much is burned.
  • Tell a network fee apart from an exchange's withdrawal fee, and check live fees before you send.

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