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How Is the Gas Price Measured (E.g. Gwei)?

Gas price is measured in Gwei, a unit equal to one billion Wei, where Wei is the smallest denomination of the native coin.
Greeks.Live18.11.25

How Is the Gas Price Measured (E.g. Gwei)?

Gas price is measured in Gwei, which is a denomination of the native cryptocurrency (e.g. Ether for Ethereum).

One Gwei is equal to 10^9 (one billion) Wei, and one Ether is equal to 10^18 Wei. Users set the gas price they are willing to pay per unit of gas, and this price determines the total fee.

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