⛽️ Gas Fees

Gas Fees

What determines the amount of gas fees?

Gas fees are a combination of the following factors: base fee, gas limit, gas price, transaction complexity, and network congestion.

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During periods of high congestion, there may be a spike in gas fee costs.

How do we calculate gas fees?

The gas fees displayed to a user will reflect the estimated worst case scenario for gas fee costs. After a transaction has been successfully processed, Coinflow will then only charge the exact amount of gas that the transaction ends up costing.

How do I know how much I actually paid in gas fees for a transaction?

Depending on the customer’s bank, the customer will either see their original payment amount change after it is out of the “pending” state, or they will see a separate credit line item on their statement.