#CryptoFees101 #CryptoFees101

Crypto fees are charges users pay for performing transactions on blockchain networks. These fees compensate network validators or miners who process and secure transactions. Each blockchain has different fee structures—Bitcoin and Ethereum use gas fees based on demand and network congestion. Fees can vary from a few cents to hundreds of dollars during peak activity. Some exchanges also charge separate trading fees. Layer 2 solutions and newer blockchains aim to lower these costs. Understanding crypto fees helps users optimize timing and platform choice, ensuring cost-effective transactions while supporting the network’s integrity and decentralization. Always check fees before transacting.