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What Is the Difference between “Gas Limit” and “Gas Price”?

Gas limit is the maximum computational units allowed; gas price is the cost per unit. Total fee is their product.
Greeks.Live06.11.25

What Is the Difference between “Gas Limit” and “Gas Price”?

The gas limit is the maximum amount of gas (computational units) a user is willing to spend on a transaction. The gas price is the cost per unit of gas, typically denominated in Gwei.

The total transaction fee is calculated as (Gas Limit) x (Gas Price). If the actual computation exceeds the limit, the transaction fails.

What Is the Difference between Gas Limit and Gas Price?
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