Cryptocurrency Q&A What is gwei gas fee?

What is gwei gas fee?

Elena Elena Sun Aug 25 2024 | 5 answers 931
Could you please clarify for me what exactly is meant by the term "gwei gas fee" in the context of cryptocurrency transactions? I understand that gas fees are necessary for transactions on blockchain networks, but I'm not familiar with the specific unit of measurement called "gwei." Could you elaborate on how it's used and why it's important in understanding and managing transaction costs? What is gwei gas fee?

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