Gas Price vs Transaction Fee

Quick comparison to help you distinguish these two crypto terms.

Gas Price
beginner
fundamentals

The cost to execute transactions on blockchain networks, measured in gwei or satoshis, fluctuating based on network congestion and transaction demand, determining how much you pay to send cryptocurrency or interact with smart contracts.

Read full definition
Transaction Fee
beginner
fundamentals

The amount paid to blockchain network validators for processing and confirming cryptocurrency transactions, compensating miners or validators for computational resources and network security.

Read full definition
Browse full glossaryGet platform access