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Get the idea right.
The asset being moved and the asset used for gas may be different. Fees can also change sharply when a network is busy.
Crypto Basics field guide
The cost of using a network
A gas fee pays the network for processing a transaction or smart contract. Fees vary by blockchain demand and transaction complexity. Paying the wrong network fee or using the wrong chain can create expensive mistakes.
Why this matters
Gas turns scarce network capacity into a market: users pay validators or miners to process transfers and smart-contract work.
Know this
The asset being moved and the asset used for gas may be different. Fees can also change sharply when a network is busy.
Watch this
Failed transactions may still cost gas, and the wrong network can strand an otherwise valid asset.
Do this next
Check the network, estimated fee, and receiving support before approving the transaction.
Go beyond the summary
Gas turns scarce network capacity into a market: users pay validators or miners to process transfers and smart-contract work.
The asset being moved and the asset used for gas may be different. Fees can also change sharply when a network is busy.
Gas turns scarce network capacity into a market: users pay validators or miners to process transfers and smart-contract work.
Failed transactions may still cost gas, and the wrong network can strand an otherwise valid asset.
Check the network, estimated fee, and receiving support before approving the transaction.
A website, video, friend, or AI can explain a topic. It cannot know your finances or remove the risk of an irreversible transaction.
Read the original documentation, verify the website independently, and never share a recovery phrase or private key.
What this knowledge helps you do
Before you act
Common questions
The asset being moved and the asset used for gas may be different. Fees can also change sharply when a network is busy.
Gas turns scarce network capacity into a market: users pay validators or miners to process transfers and smart-contract work.
Failed transactions may still cost gas, and the wrong network can strand an otherwise valid asset.
Check the network, estimated fee, and receiving support before approving the transaction.
Primary sources
Details and threats change. Use the original documentation and public-interest sources to confirm current guidance before acting.
Check the source
This guide is a starting point. Use the original documentation and public-interest resources below to verify the details and see what may have changed.
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