NEKOLesson 4 of 15 · 2 min read
Gas: why fees are tiny
Gas is the small NEAR fee for running a transaction. Keep about 0.1 NEAR for it.
Every transaction uses a little computing power, paid for with gas in NEAR. On NEAR that's usually well under 0.01 NEAR, even for a swap.
A fun fact: 30% of the gas you spend on a smart contract goes to the developer of that contract, as a built-in reward for building useful apps.
Tip: always keep about 0.1 NEAR in your account so you can pay for gas.
🎯 Try it yourself
Make your first swap: 0.5 NEAR to USDC
Approve it in your wallet and look at how little gas it costs. Small amounts are perfect. Every swap counts toward your free Swap Feline.
Quick check
Why keep a little NEAR in your account?
- ATo pay gas for transactions
- BIt's required to log in
- CTo earn an airdrop
Show the answer
A: To pay gas for transactions. Without a bit of NEAR you can't pay gas, so you can't move anything.