1.0WazirX Guidehttps://wazirx.com/guideharshitahttps://wazirx.com/guide/author/harshita/Gwei - WazirX Guiderich600338<blockquote class="wp-embedded-content" data-secret="KdyzhkLv8h"><a href="https://wazirx.com/guide/glossary/gwei/">Gwei</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://wazirx.com/guide/glossary/gwei/embed/#?secret=KdyzhkLv8h" width="600" height="338" title="“Gwei” — WazirX Guide" data-secret="KdyzhkLv8h" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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Gwei is a tiny fraction of the Ether (ETH) cryptocurrency used on the Ethereum network. The smallest base unit of Ether is the gwei, sometimes known as the gigawei, which equals 1,000,000,000 wei. The value of one gwei is 0.000000001 or 10-9 ETH. On the other hand, 1 ETH equals 1 billion gwei! The gwei unit is a practical way to conveniently calculate gas costs, which are payments sent to miners for handling transactions.