what is gas price?
Gas price is the fee for every transaction that you have been using for depositing, withdrawing and transferring tokens in etherdelta or any ethereum address from wallets of ethereum. 
Topic: GAS PRICE - page 3. (Read 293 times)
Dear all!
Gas price/gas limit mean? i try many times but i really understand about this!
I used myetherwallet.
Gas price/gas limit mean? i try many times but i really understand about this!
I used myetherwallet.
It's whats used to pay for your transactions on Eth network, good explanation here - https://myetherwallet.github.io/knowledge-base/gas/what-is-gas-ethereum.html
Gas price/gas limit is known as the transaction fee for Ethereum transactions. The default gas price for ETH transactions is set to 21000 which is equal to 0.00021 ETH. It is definitely much cheaper than BTC transactions. You could also increase the gas limit to 50000 = 0.0005ETH or 100000 = 0.001ETH for faster confirmation of transactions. Even if you pay 0.001 ETH I would still consider it to be cheap since 0.001 ETH = 0.00003BTC which is almost $0.5 
Since the ETH network is congested it is always best to pay high fees for faster confirmation of transaction.
Since the ETH network is congested it is always best to pay high fees for faster confirmation of transaction. 
what is gas price?
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