Gas Price and Gas Limit are Ethereum-only concepts.


Essentially they are very simple: the gas is used to power your transaction on the ethereum blockchain. A standard ethereum(ETH) transaction will use up to 21000 gas. Token gas usage may vary. Essentially this means that you can pay no more than this gas amount per transaction. Gas price on the other hand is the amount of ETH you pay for each unit of gas. If set too low, no miners will mine your transaction and it will fail.


Essentially transaction fees in Ethereum are defined as anything less than (Gas Price * Gas Limit).


Gas price is usually expressed in Gwei. 


1 Gwei = 0.000000001 ETH


So for example if you use Gas Limit 21000 and Gas Price 2.2 (Gwei), that would mean 0.0000462 ETH.


But do not worry, since total Transaction Fee is calculated in EUR/USD/... Currency in BC Vault Application for your convenience.


For latest info on Ethereum Gas prices go here: ETH Gas Station