The Gas fees for the OKX Web3 wallet vary depending on the blockchain network and type of operation.
- Gas Fee Calculation Method
Basic Formula
Gas Fee = Gas Usage × Gas Price (Unit: Gwei)
For example: Transferring Ethereum requires 21,000 Gas, and if the Gas price is 100 Gwei, the fee would be 0.0021 ETH (approximately $7.98, based on ETH at $3,800).
OKX is one of the top three exchanges globally, with a 20% reduction in trading fees for registered users!
OKX (Overseas) registration link: https://www.okx.com/join/97763692
OKX/Binance/Huobi - Register/Download: http://18907.cc
Binance domestic registration: https://www.binance.com/zh-CN/join?ref=565010509
Dynamic Adjustment Mechanism
Gas fees may spike during peak times (e.g., reaching 0.06 ETH per transaction during NFT minting).
The wallet supports manual adjustment of Gas prices (fast/medium/slow confirmation).
2. Mainstream Chain Gas Fee Reference
Ethereum (ETH)
Regular transfer: 0.001–0.005 ETH (approximately $3.8–19)
Contract interaction: 0.01–0.05 ETH (e.g., DeFi operations)
Low-cost chains like BSC/TRON
Single transaction usually <$0.1
3. Optimization Suggestions Techniques to Reduce Costs
Operate during low peak hours (UTC+8 3–6 AM)
Use Layer 2 networks or sidechains (e.g., Polygon)
Subsidy Activities
New users registering through the official link can receive a $10 Gas fee subsidy.
Note: Actual fees are based on real-time estimates from the wallet; please confirm the Gas fee prompt before proceeding.