Questions tagged [gas cost]

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ShintoMystical ShintoMystical Thu Sep 26 2024 | 5 answers 754

Does it cost gas to unwrap Weth?

Are you wondering about the potential costs associated with unwrapping Wrapped Ether (WETH)? The term "gas" in cryptocurrency refers to the fee required to execute transactions on the Ethereum blockchain. So, when it comes to unwrapping WETH back into its native Ether (ETH) form, it's natural to ask if this process entails any gas costs. In short, yes, unwrapping WETH typically does require gas, as it involves a transaction on the Ethereum network. The exact amount of gas required and the corresponding cost can vary depending on factors such as network congestion and the gas price set by the user.

Does it cost gas to unwrap Weth?

| Topics at Cryptocurrency Q&A

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