BitDrive
  • 🌞Introduction
    • Our Vision
    • What is a DEX?
    • What sets us apart?
  • 🧑‍🏫Web3 Guide
    • Wallets
    • Connecting Wallets to BNB Smart Chain (BSC)
    • Decentralized Digital Identity (Wallet)
    • Automated Market Makers
    • Gas
  • 🤖Features
    • Quick Swap
    • Portfolio
    • Exchange / Swap
    • Liquidity
  • 🤝Referral
  • 🐯Community
    • Telegram
    • Twitter
  • 🛣️Roadmap
  • 🔐Audits
  • 📚Glossary
    • BNB Smart Chain (BSC)
    • BNB token
    • DeFi
    • MetaFi
    • BEP-20
  • 🚀Launch DEX
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  1. Web3 Guide

Gas

Gas is the transaction fee all web3 users must pay in order to perform activities on a blockchain.

BitDrive is built on BNB Smart Chain (BSC), a blockchain designed specifically for running smart-contract applications (Dapps). Unlike Ethereum, its transactions are both fast and low-cost.

Gas is used to allocate resources and the unit to measure it is gwei. On BNB Smart Chain, 1 gwei is 0.000000001 BNB.

With an average gas price of around 6.5 gwei, sending 10 BNB should cost less than ten cents. However, this rate is subject to network conditions and market volatility.

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Last updated 3 years ago

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