Will gas fees be deducted even if my transaction fails on the blockchain?
Updated
Yes, you will still be charged a gas fee even if your transaction fails. This happens because your gas fee covers the cost of processing the transaction, regardless of its outcome. Miners or validators on the network perform the work to validate your transaction, and the fee compensates them for this effort. So, if your transaction fails due to issues like insufficient funds or errors, the fee is still applied since certain resources were still used to attempt the transaction. To avoid such failures it is advised to double-check that you have enough tokens to cover both the transaction and the gas fees.