diff --git a/.env.example b/.env.example
index c039d12..9687d13 100644
--- a/.env.example
+++ b/.env.example
@@ -1 +1,3 @@
 WALLET_CONNECT_PROJECT_ID=
+DEFAULT_GAS_LIMIT=
+DEFAULT_GAS_PRICE=
diff --git a/react-native-config.d.ts b/react-native-config.d.ts
index db50fa4..8f78aab 100644
--- a/react-native-config.d.ts
+++ b/react-native-config.d.ts
@@ -2,6 +2,8 @@
 declare module 'react-native-config' {
   export interface NativeConfig {
     WALLET_CONNECT_PROJECT_ID: string;
+    DEFAULT_GAS_LIMIT: string;
+    DEFAULT_GAS_PRICE: string;
   }
 
   export const Config: NativeConfig;
diff --git a/src/components/TxErrorDialog.tsx b/src/components/TxErrorDialog.tsx
new file mode 100644
index 0000000..e110760
--- /dev/null
+++ b/src/components/TxErrorDialog.tsx
@@ -0,0 +1,28 @@
+import React from 'react';
+import { Button, Dialog, Portal, Text } from 'react-native-paper';
+
+const TxErrorDialog = ({
+  error,
+  visible,
+  hideDialog,
+}: {
+  error: string;
+  visible: boolean;
+  hideDialog: () => void;
+}) => {
+  return (
+    <Portal>
+      <Dialog visible={visible} onDismiss={hideDialog}>
+        <Dialog.Title>Error sending transaction</Dialog.Title>
+        <Dialog.Content>
+          <Text variant="bodyMedium">{error}</Text>
+        </Dialog.Content>
+        <Dialog.Actions>
+          <Button onPress={hideDialog}>OK</Button>
+        </Dialog.Actions>
+      </Dialog>
+    </Portal>
+  );
+};
+
+export default TxErrorDialog;
diff --git a/src/screens/AddNetwork.tsx b/src/screens/AddNetwork.tsx
index 0abf8d7..a2b5947 100644
--- a/src/screens/AddNetwork.tsx
+++ b/src/screens/AddNetwork.tsx
@@ -53,6 +53,10 @@ const cosmosNetworkDataSchema = z.object({
   coinType: z.string().nonempty({ message: EMPTY_FIELD_ERROR }).regex(/^\d+$/),
   nativeDenom: z.string().nonempty({ message: EMPTY_FIELD_ERROR }),
   addressPrefix: z.string().nonempty({ message: EMPTY_FIELD_ERROR }),
+  gasPrice: z
+    .string()
+    .nonempty({ message: EMPTY_FIELD_ERROR })
+    .regex(/^\d+(\.\d+)?$/),
 });
 
 const AddNetwork = () => {
@@ -113,6 +117,13 @@ const AddNetwork = () => {
     setValue('addressPrefix', cosmosChainDetails.bech32_prefix);
     setValue('coinType', String(cosmosChainDetails.slip44 ?? '118'));
     setValue('nativeDenom', cosmosChainDetails.fees?.fee_tokens[0].denom || '');
+    setValue(
+      'gasPrice',
+      String(
+        cosmosChainDetails.fees?.fee_tokens[0].average_gas_price ||
+          String(process.env.DEFAULT_GAS_PRICE),
+      ),
+    );
   }, CHAINID_DEBOUNCE_DELAY);
 
   const submit = useCallback(
@@ -359,6 +370,31 @@ const AddNetwork = () => {
               </>
             )}
           />
+          <Controller
+            control={control}
+            name="gasPrice"
+            defaultValue=""
+            render={({ field: { onChange, onBlur, value } }) => (
+              <>
+                <TextInput
+                  mode="outlined"
+                  value={value}
+                  label="Gas Price"
+                  onBlur={onBlur}
+                  onChangeText={onChange}
+                />
+                <HelperText type="error">
+                  {
+                    (
+                      errors as FieldErrors<
+                        z.infer<typeof cosmosNetworkDataSchema>
+                      >
+                    ).gasPrice?.message
+                  }
+                </HelperText>
+              </>
+            )}
+          />
         </>
       )}
       <Button
diff --git a/src/screens/ApproveTransaction.tsx b/src/screens/ApproveTransaction.tsx
index b428b2f..4874f79 100644
--- a/src/screens/ApproveTransaction.tsx
+++ b/src/screens/ApproveTransaction.tsx
@@ -1,7 +1,14 @@
 import React, { useCallback, useEffect, useMemo, useState } from 'react';
 import { Image, ScrollView, View } from 'react-native';
-import { ActivityIndicator, Button, Text, Appbar } from 'react-native-paper';
-import { providers, BigNumber } from 'ethers';
+import {
+  ActivityIndicator,
+  Button,
+  Text,
+  Appbar,
+  TextInput,
+} from 'react-native-paper';
+import { providers, BigNumber, ethers } from 'ethers';
+import Config from 'react-native-config';
 
 import { useNavigation } from '@react-navigation/native';
 import {
@@ -29,6 +36,7 @@ import DataBox from '../components/DataBox';
 import { getPathKey } from '../utils/misc';
 import { useNetworks } from '../context/NetworksContext';
 import { COSMOS, EIP155 } from '../utils/constants';
+import TxErrorDialog from '../components/TxErrorDialog';
 
 type SignRequestProps = NativeStackScreenProps<
   StackParamsList,
@@ -52,12 +60,20 @@ const ApproveTransaction = ({ route }: SignRequestProps) => {
   const [isTxLoading, setIsTxLoading] = useState(false);
   const [cosmosStargateClient, setCosmosStargateClient] =
     useState<SigningStargateClient>();
+  const [fees, setFees] = useState('');
+  const [cosmosGasLimit, setCosmosGasLimit] = useState(
+    Config.DEFAULT_GAS_LIMIT,
+  );
+  const [txError, setTxError] = useState<string>('');
+  const [isTxErrorDialogOpen, setIsTxErrorDialogOpen] = useState(false);
+  const [ethGasPrice, setEthGasPrice] = useState<string>();
+  const [ethGasLimit, setEthGasLimit] = useState<string>();
 
-  const requestedChain = networksData.find(
+  const requestedNetwork = networksData.find(
     networkData =>
       `${networkData.namespace}:${networkData.chainId}` === chainId,
   );
-  const namespace = requestedChain!.namespace;
+  const namespace = requestedNetwork!.namespace;
 
   useEffect(() => {
     if (namespace !== COSMOS) {
@@ -71,18 +87,18 @@ const ApproveTransaction = ({ route }: SignRequestProps) => {
 
       const cosmosPrivKey = (
         await getPathKey(
-          `${requestedChain?.namespace}:${requestedChain?.chainId}`,
+          `${requestedNetwork?.namespace}:${requestedNetwork?.chainId}`,
           account.index,
         )
       ).privKey;
 
       const sender = await DirectSecp256k1Wallet.fromKey(
         Buffer.from(cosmosPrivKey.split('0x')[1], 'hex'),
-        requestedChain?.addressPrefix,
+        requestedNetwork?.addressPrefix,
       );
 
       const client = await SigningStargateClient.connectWithSigner(
-        requestedChain?.rpcUrl!,
+        requestedNetwork?.rpcUrl!,
         sender,
       );
 
@@ -90,17 +106,17 @@ const ApproveTransaction = ({ route }: SignRequestProps) => {
     };
 
     setClient();
-  }, [account, requestedChain, chainId, namespace]);
+  }, [account, requestedNetwork, chainId, namespace]);
 
   const provider = useMemo(() => {
     if (namespace === EIP155) {
-      if (!requestedChain) {
+      if (!requestedNetwork) {
         throw new Error('Requested chain not supported');
       }
 
-      return new providers.JsonRpcProvider(requestedChain.rpcUrl);
+      return new providers.JsonRpcProvider(requestedNetwork.rpcUrl);
     }
-  }, [requestedChain, namespace]);
+  }, [requestedNetwork, namespace]);
 
   const navigation =
     useNavigation<NativeStackNavigationProp<StackParamsList>>();
@@ -108,8 +124,8 @@ const ApproveTransaction = ({ route }: SignRequestProps) => {
   const retrieveData = useCallback(
     async (requestAddress: string) => {
       const requestAccount = await retrieveSingleAccount(
-        requestedChain!.namespace,
-        requestedChain!.chainId,
+        requestedNetwork!.namespace,
+        requestedNetwork!.chainId,
         requestAddress,
       );
       if (!requestAccount) {
@@ -120,21 +136,31 @@ const ApproveTransaction = ({ route }: SignRequestProps) => {
       setAccount(requestAccount);
       setIsLoading(false);
     },
-    [navigation, requestedChain],
+    [navigation, requestedNetwork],
   );
 
-  const gasFees = useMemo(() => {
+  useEffect(() => {
     if (namespace === EIP155) {
-      return BigNumber.from(transaction.gasLimit)
-        .mul(BigNumber.from(transaction.gasPrice))
+      const ethFees = BigNumber.from(transaction.gasLimit ?? ethGasLimit ?? 0)
+        .mul(BigNumber.from(transaction.gasPrice ?? ethGasPrice ?? 0))
         .toString();
+      setFees(ethFees);
     } else {
-      const gasPrice = GasPrice.fromString(transaction.gasPrice!.toString());
-      const cosmosFees = calculateFee(Number(transaction.gasLimit), gasPrice);
+      const gasPrice = GasPrice.fromString(
+        requestedNetwork?.gasPrice! + requestedNetwork?.nativeDenom,
+      );
+      const cosmosFees = calculateFee(Number(cosmosGasLimit), gasPrice);
 
-      return cosmosFees.amount[0].amount;
+      setFees(cosmosFees.amount[0].amount);
     }
-  }, [transaction, namespace]);
+  }, [
+    transaction,
+    namespace,
+    ethGasLimit,
+    ethGasPrice,
+    cosmosGasLimit,
+    requestedNetwork,
+  ]);
 
   useEffect(() => {
     retrieveData(transaction.from!);
@@ -146,21 +172,41 @@ const ApproveTransaction = ({ route }: SignRequestProps) => {
       throw new Error('account not found');
     }
 
-    const response = await approveWalletConnectRequest(
-      networksData,
-      requestEvent,
-      account,
-      namespace!,
-      requestedChain!.chainId,
-      '',
-      namespace === EIP155 ? provider : cosmosStargateClient,
-    );
+    try {
+      const response = await approveWalletConnectRequest({
+        networksData,
+        requestEvent,
+        account,
+        namespace,
+        chainId: requestedNetwork!.chainId,
+        provider: namespace === EIP155 ? provider : cosmosStargateClient,
+        // StdFee object
+        cosmosFee: {
+          // This amount is total fees required for transaction
+          amount: [
+            {
+              amount: fees,
+              denom: requestedNetwork!.nativeDenom!,
+            },
+          ],
+          gas: cosmosGasLimit,
+        },
+        ethGasLimit: transaction.gasLimit
+          ? String(transaction.gasLimit)
+          : ethGasLimit,
+        ethGasPrice: transaction.gasPrice
+          ? String(transaction.gasPrice)
+          : ethGasPrice,
+      });
 
-    const { topic } = requestEvent;
-    await web3wallet!.respondSessionRequest({ topic, response });
+      const { topic } = requestEvent;
+      await web3wallet!.respondSessionRequest({ topic, response });
+      navigation.navigate('Laconic');
+    } catch (error: any) {
+      setTxError(String(error));
+      setIsTxErrorDialogOpen(true);
+    }
     setIsTxLoading(false);
-
-    navigation.navigate('Laconic');
   };
 
   const rejectRequestHandler = async () => {
@@ -187,7 +233,7 @@ const ApproveTransaction = ({ route }: SignRequestProps) => {
       } else {
         const cosmosBalance = await cosmosStargateClient?.getBalance(
           account.address,
-          requestedChain!.nativeDenom!.toLowerCase(),
+          requestedNetwork!.nativeDenom!.toLowerCase(),
         );
 
         setBalance(cosmosBalance?.amount!);
@@ -195,7 +241,7 @@ const ApproveTransaction = ({ route }: SignRequestProps) => {
     };
 
     getAccountBalance();
-  }, [account, provider, namespace, cosmosStargateClient, requestedChain]);
+  }, [account, provider, namespace, cosmosStargateClient, requestedNetwork]);
 
   useEffect(() => {
     navigation.setOptions({
@@ -221,6 +267,37 @@ const ApproveTransaction = ({ route }: SignRequestProps) => {
     // eslint-disable-next-line react-hooks/exhaustive-deps
   }, [navigation, route.name]);
 
+  useEffect(() => {
+    const getEthGas = async () => {
+      if (transaction.gasLimit && transaction.gasPrice) {
+        return;
+      }
+
+      if (!provider) {
+        return;
+      }
+
+      const gasPriceVal = await provider.getGasPrice();
+      const gasPrice = ethers.utils.hexValue(gasPriceVal);
+
+      setEthGasPrice(String(gasPrice));
+
+      const transactionObject = {
+        from: transaction.from!,
+        to: transaction.to!,
+        data: transaction.data!,
+        gasPrice,
+        value: transaction.value!,
+      };
+
+      const gasLimit = await provider.estimateGas(transactionObject);
+
+      setEthGasLimit(String(gasLimit));
+    };
+
+    getEthGas();
+  }, [provider, transaction]);
+
   return (
     <>
       {isLoading ? (
@@ -248,7 +325,7 @@ const ApproveTransaction = ({ route }: SignRequestProps) => {
             </View>
             <DataBox
               label={`Balance (${
-                namespace === EIP155 ? 'wei' : requestedChain!.nativeDenom
+                namespace === EIP155 ? 'wei' : requestedNetwork!.nativeDenom
               })`}
               data={
                 balance === '' || balance === undefined
@@ -261,20 +338,43 @@ const ApproveTransaction = ({ route }: SignRequestProps) => {
                 <DataBox label="To" data={transaction.to!} />
                 <DataBox
                   label={`Amount (${
-                    namespace === EIP155 ? 'wei' : requestedChain!.nativeDenom
+                    namespace === EIP155 ? 'wei' : requestedNetwork!.nativeDenom
                   })`}
                   data={BigNumber.from(
                     transaction.value?.toString(),
                   ).toString()}
                 />
-                <DataBox
-                  label={`Gas Fees (${
-                    namespace === EIP155 ? 'wei' : requestedChain!.nativeDenom
-                  })`}
-                  data={gasFees!}
-                />
-                {namespace === EIP155 && (
-                  <DataBox label="Data" data={transaction.data!} />
+
+                {namespace === EIP155 ? (
+                  <>
+                    <DataBox
+                      label={`Gas Fees (${
+                        namespace === EIP155
+                          ? 'wei'
+                          : requestedNetwork!.nativeDenom
+                      })`}
+                      data={fees!}
+                    />
+                    <DataBox label="Data" data={transaction.data!} />
+                  </>
+                ) : (
+                  <>
+                    <Text style={styles.dataBoxLabel}>{`Fees (${
+                      requestedNetwork!.nativeDenom
+                    })`}</Text>
+                    <TextInput
+                      mode="outlined"
+                      value={fees}
+                      onChangeText={value => setFees(value)}
+                      style={styles.transactionFeesInput}
+                    />
+                    <Text style={styles.dataBoxLabel}>Gas Limit</Text>
+                    <TextInput
+                      mode="outlined"
+                      value={cosmosGasLimit}
+                      onChangeText={value => setCosmosGasLimit(value)}
+                    />
+                  </>
                 )}
               </View>
             )}
@@ -296,6 +396,11 @@ const ApproveTransaction = ({ route }: SignRequestProps) => {
           </View>
         </>
       )}
+      <TxErrorDialog
+        error={txError}
+        visible={isTxErrorDialogOpen}
+        hideDialog={() => setIsTxErrorDialogOpen(false)}
+      />
     </>
   );
 };
diff --git a/src/screens/EditNetwork.tsx b/src/screens/EditNetwork.tsx
index 63c48c0..afebb86 100644
--- a/src/screens/EditNetwork.tsx
+++ b/src/screens/EditNetwork.tsx
@@ -16,7 +16,11 @@ import { StackParamsList } from '../types';
 import styles from '../styles/stylesheet';
 import { retrieveNetworksData } from '../utils/accounts';
 import { useNetworks } from '../context/NetworksContext';
-import { EMPTY_FIELD_ERROR, INVALID_URL_ERROR } from '../utils/constants';
+import {
+  EIP155,
+  EMPTY_FIELD_ERROR,
+  INVALID_URL_ERROR,
+} from '../utils/constants';
 
 const networksFormDataSchema = z.object({
   networkName: z.string().nonempty({ message: EMPTY_FIELD_ERROR }),
@@ -25,6 +29,10 @@ const networksFormDataSchema = z.object({
     .string()
     .url({ message: INVALID_URL_ERROR })
     .or(z.literal('')),
+  gasPrice: z
+    .string()
+    .nonempty({ message: EMPTY_FIELD_ERROR })
+    .regex(/^\d+(\.\d+)?$/),
 });
 
 type EditNetworkProps = NativeStackScreenProps<StackParamsList, 'EditNetwork'>;
@@ -129,6 +137,25 @@ const EditNetwork = ({ route }: EditNetworkProps) => {
           </>
         )}
       />
+      {networkData.namespace !== EIP155 ? (
+        <Controller
+          control={control}
+          name="gasPrice"
+          defaultValue={networkData.gasPrice}
+          render={({ field: { onChange, onBlur, value } }) => (
+            <>
+              <TextInput
+                mode="outlined"
+                value={value}
+                label="Gas Price"
+                onBlur={onBlur}
+                onChangeText={onChange}
+              />
+              <HelperText type="error">{errors.gasPrice?.message}</HelperText>
+            </>
+          )}
+        />
+      ) : null}
       <Button
         mode="contained"
         loading={isSubmitting}
diff --git a/src/screens/SignRequest.tsx b/src/screens/SignRequest.tsx
index 8464e92..c0d251a 100644
--- a/src/screens/SignRequest.tsx
+++ b/src/screens/SignRequest.tsx
@@ -159,14 +159,14 @@ const SignRequest = ({ route }: SignRequestProps) => {
       throw new Error('Request event not found');
     }
 
-    const response = await approveWalletConnectRequest(
+    const response = await approveWalletConnectRequest({
       networksData,
       requestEvent,
       account,
       namespace,
       chainId,
       message,
-    );
+    });
 
     const { topic } = requestEvent;
     await web3wallet!.respondSessionRequest({ topic, response });
diff --git a/src/styles/stylesheet.js b/src/styles/stylesheet.js
index e5a579e..dbdaa0b 100644
--- a/src/styles/stylesheet.js
+++ b/src/styles/stylesheet.js
@@ -271,6 +271,7 @@ const styles = StyleSheet.create({
     fontWeight: 'bold',
     marginVertical: 10,
   },
+  transactionFeesInput: { marginBottom: 10 },
 });
 
 export default styles;
diff --git a/src/types.ts b/src/types.ts
index 5aafdb3..b170bbb 100644
--- a/src/types.ts
+++ b/src/types.ts
@@ -57,6 +57,7 @@ export type NetworksFormData = {
   nativeDenom?: string;
   addressPrefix?: string;
   coinType?: string;
+  gasPrice?: string;
   isDefault: boolean;
 };
 
diff --git a/src/utils/accounts.ts b/src/utils/accounts.ts
index cfa0d52..4c51a34 100644
--- a/src/utils/accounts.ts
+++ b/src/utils/accounts.ts
@@ -135,7 +135,10 @@ const storeNetworkData = async (
 
   const updatedNetworks: NetworksDataState[] = [
     ...retrievedNetworks,
-    { ...networkData, networkId: String(networkId) },
+    {
+      ...networkData,
+      networkId: String(networkId),
+    },
   ];
   await setInternetCredentials(
     'networks',
diff --git a/src/utils/constants.ts b/src/utils/constants.ts
index 4170a6c..6331210 100644
--- a/src/utils/constants.ts
+++ b/src/utils/constants.ts
@@ -23,6 +23,7 @@ export const DEFAULT_NETWORKS = [
     nativeDenom: 'uatom',
     addressPrefix: 'cosmos',
     coinType: '118',
+    gasPrice: '0.025',
     isDefault: true,
   },
 ];
diff --git a/src/utils/wallet-connect/WalletConnectRequests.ts b/src/utils/wallet-connect/WalletConnectRequests.ts
index 9099e0e..e8a8295 100644
--- a/src/utils/wallet-connect/WalletConnectRequests.ts
+++ b/src/utils/wallet-connect/WalletConnectRequests.ts
@@ -4,12 +4,7 @@ import { Wallet, providers } from 'ethers';
 import { formatJsonRpcError, formatJsonRpcResult } from '@json-rpc-tools/utils';
 import { SignClientTypes } from '@walletconnect/types';
 import { getSdkError } from '@walletconnect/utils';
-import {
-  SigningStargateClient,
-  coins,
-  GasPrice,
-  calculateFee,
-} from '@cosmjs/stargate';
+import { SigningStargateClient, coins, StdFee } from '@cosmjs/stargate';
 
 import { EIP155_SIGNING_METHODS } from './EIP155Data';
 import { signDirectMessage, signEthMessage } from '../sign-message';
@@ -17,15 +12,29 @@ import { Account, NetworksDataState } from '../../types';
 import { getMnemonic, getPathKey } from '../misc';
 import { getCosmosAccounts } from '../accounts';
 
-export async function approveWalletConnectRequest(
-  networksData: NetworksDataState[],
-  requestEvent: SignClientTypes.EventArguments['session_request'],
-  account: Account,
-  namespace: string,
-  chainId: string,
-  message?: string,
-  provider?: providers.JsonRpcProvider | SigningStargateClient,
-) {
+export async function approveWalletConnectRequest({
+  networksData,
+  requestEvent,
+  account,
+  namespace,
+  chainId,
+  message,
+  provider,
+  cosmosFee,
+  ethGasLimit,
+  ethGasPrice,
+}: {
+  networksData: NetworksDataState[];
+  requestEvent: SignClientTypes.EventArguments['session_request'];
+  account: Account;
+  namespace: string;
+  chainId: string;
+  message?: string;
+  provider?: providers.JsonRpcProvider | SigningStargateClient;
+  cosmosFee?: StdFee;
+  ethGasLimit?: string;
+  ethGasPrice?: string;
+}) {
   const { params, id } = requestEvent;
   const { request } = params;
 
@@ -51,13 +60,18 @@ export async function approveWalletConnectRequest(
       ).privKey;
       const wallet = new Wallet(privKey);
       const sendTransaction = request.params[0];
+      const updatedTransaction = {
+        ...sendTransaction,
+        gasLimit: ethGasLimit,
+        gasPrice: ethGasPrice,
+      };
 
       if (!(provider instanceof providers.JsonRpcProvider)) {
         throw new Error('Provider not found');
       }
       const connectedWallet = wallet.connect(provider);
 
-      const hash = await connectedWallet.sendTransaction(sendTransaction);
+      const hash = await connectedWallet.sendTransaction(updatedTransaction);
       const receipt = typeof hash === 'string' ? hash : hash?.hash;
       return formatJsonRpcResult(id, {
         signature: receipt,
@@ -118,20 +132,16 @@ export async function approveWalletConnectRequest(
         request.params[0].value,
         requestedChain!.nativeDenom!,
       );
-      const gasPrice = GasPrice.fromString(
-        request.params[0].gasPrice.toString(),
-      );
-      const cosmosFee = calculateFee(
-        Number(request.params[0].gasLimit),
-        gasPrice,
-      );
-
       const receiverAddress = request.params[0].to;
 
       if (!(provider instanceof SigningStargateClient)) {
         throw new Error('Cosmos stargate client not found');
       }
 
+      if (!cosmosFee) {
+        throw new Error('Cosmos fee not found');
+      }
+
       const result = await provider.sendTokens(
         address,
         receiverAddress,