Cryptocurrency Q&A How much is the MetaMask gas fee?

How much is the MetaMask gas fee?

CryptoWizardry CryptoWizardry Sat Dec 07 2024 | 6 answers 1370
I'm curious about the cost of using MetaMask. Specifically, I want to know how much the gas fee is when making transactions through MetaMask. How much is the MetaMask gas fee?

6 answers

Giuseppe Giuseppe Mon Dec 09 2024
A typical transaction involving the sending of Ethereum (ETH) or any token usually incurs a gas cost of 21,000 units. This amount is standard and widely accepted across the Ethereum network.

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Tommaso Tommaso Mon Dec 09 2024
On the other hand, when it comes to approving an ERC-20 token, the gas cost escalates to 45,000 units. This higher cost is due to the complexity involved in the approval process.

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Bianca Bianca Mon Dec 09 2024
It's worth noting that not all blockchains operate with the same gas costs. However, many networks, particularly those compatible with the Ethereum Virtual Machine (EVM), adopt similar models.

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GangnamGlitzGlamourGlory GangnamGlitzGlamourGlory Mon Dec 09 2024
One such network is Harmony, which utilizes an identical gas model. In Harmony, standard transactions also cost 21,000 gas units, aligning with the Ethereum network's norm.

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Raffaele Raffaele Mon Dec 09 2024
The concept of gas limit, which refers to the units of gas utilized, is crucial in understanding transaction costs on certain blockchains.

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