⛽️ 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.
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.
Updated about 1 month ago