Blog / Glossary / G / Gas price

Gas price

What crypto means by it

The rate you are charged for each unit of computation. Bid higher and you get processed sooner, which is why fees spike when everyone wants in at once.

What you already know this as

Paying for a priority wire instead of standard clearing, or courier express instead of next week.

Related terms

Gas Network Confirmation

PreviousGas NextGovernance token

Decode with Kite

Paste the whole sentence and we will underline every term we recognise.

Or try: