CRYPTO GLOSSARY · TECH

What is Gwei?

Small unit of Ethereum (10^9 wei).

📖 Full Definition

Gwei is a denomination of Ether (ETH) used to measure gas prices on the Ethereum network. 1 Gwei equals 0.000000001 ETH (10^-9 ETH). Gas prices are typically expressed in Gwei.

💡 Example

A typical Ethereum transaction might cost 30 Gwei in gas.

🔗 Related Terms

Ethereum

Programmable blockchain for smart contracts.

Gas Fees

Transaction fees paid on blockchain networks.

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