Cryptocurrency Q&A Does Phantom Wallet need a gas fee?

Does Phantom Wallet need a gas fee?

BlockchainLegend BlockchainLegend Mon Dec 09 2024 | 6 answers 1334
I'm wondering if Phantom Wallet requires a gas fee for transactions. I'm trying to understand the costs associated with using this wallet. Does Phantom Wallet need a gas fee?

6 answers

ShintoSanctum ShintoSanctum Wed Dec 11 2024
Phantom exhibits versatility by supporting multiple blockchain networks.

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Lucia Lucia Wed Dec 11 2024
This feature allows for cost-efficiency and flexibility as users can select the chain that best suits their needs.

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KatanaSharpness KatanaSharpness Wed Dec 11 2024
Users of Phantom are only required to pay transaction fees associated with the specific chain they are utilizing.

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MysticStorm MysticStorm Wed Dec 11 2024
For instance, when operating on the Ethereum network, individuals will incur Ethereum gas fees.

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JejuJoyfulHeartSoul JejuJoyfulHeartSoul Wed Dec 11 2024
On the other hand, if Solana is the chosen blockchain, users will be charged Solana transaction fees.

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