#CryptoFees101

💡 Why do they charge a fee for cryptocurrency transfers? And how does it even work?

Let's break it down simply and painlessly:

🔹 What is a crypto fee?

It is the payment for your transaction to be processed and recorded on the blockchain. Without it — like a letter without a stamp: it won't arrive.

🔹 Where does the fee amount come from?

👉 It depends on the network.

Ethereum — can be expensive, especially during peak hours.

Solana, Polygon, Arbitrum — almost free.

👉 It depends on the network load.

More people — more demand — higher fees. Like Uber in the rain ☔️

🔹 Where does this money go?

It is paid not to the “system”, but to miners or validators — those who support the network and confirm transactions.

🔹 How to save?

✔ Use networks with low fees (for example, Solana or Layer 2 on Ethereum).

✔ Send during off-peak times.

✔ Check the fee before sending — it is visible in wallets.

📦 Transfer $100 from a bank card? — $5–$30 in fees.

📦 Transfer $100 in crypto? — from $0.001 to $5, and sometimes even free.

🧠 Understanding fees is the first step to smart cryptocurrency usage.