Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.

In order to run these applications, people need to use Ether, the native cryptocurrency of Ethereum. Ether is used to pay for gas, which is a unit of measure used to define the amount of computational effort that it takes to execute a specific operation or contract on the Ethereum network.

The fees for Ethereum are thus based on the gas prices. The current gas price is 10 Gwei, which means that each operation or contract costs 0.

01 Ether. However, the gas prices are constantly changing, based on the demand and supply of gas on the network.

The fees for Ethereum are thus variable, and depend on the gas prices at the time of execution. However, they are usually very low, and allow for very cheap and fast transactions on the Ethereum network.