Gas Fee
The transaction fee paid to blockchain validators for processing a cryptocurrency transaction. Gas fees vary by network: Ethereum fees can be high during peak congestion, while networks like Tron, Solana, and Litecoin offer much lower fees. Choosing the right network for poker deposits and withdrawals can save significant money on transaction costs.
Example
You withdraw 0.5 ETH from a poker room. The Ethereum network charges a $3.50 gas fee to process the transaction, which is deducted from your withdrawal amount.
Where this matters
Move from definition to decision.
Glossary pages explain the language. Use the links below to see how the term affects room choice, rakeback value, or payment tradeoffs on the commercial side of the site.
Related Terms
See Also
- Tron (TRX)- A blockchain network popular in the crypto poker world primarily for hosting USDT (TRC-20) with extr...
- Solana (SOL)- A high-performance blockchain known for fast transaction speeds and very low fees. Solana is increas...
- Litecoin (LTC)- A cryptocurrency often used for poker deposits due to its faster block times and lower fees compared...