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What are gas fees?

‘Gas fees’ refer to an amount that must be paid each time a transaction or transfer is conducted on the blockchain. These fees are paid directly to Ethereum miners who validate transactions on the blockchain and make them possible. Gas fees vary in price throughout the day, depending on the volume of activity currently being effectuated on the chain - so don’t be surprised if you see the fee amount changing! NFT platforms, including ARTPOINT, do not profit from or receive any of these fees.