The charge transfer coefficient signifies the fraction of the interfacial potential at an electrode-electrolyte interface that helps in lowering the free energy barrier for the electrochemical reaction. The electroactive ion present in the interfacial region experiences the interfacial potential and electrostatic work is done on the ion by a part of the interfacial electric field. It is charge transfer coefficient that signifies this part that is utilized in activating the ion to the top of the free energy barrier.