๐ธ Ever wondered where your crypto goes when you pay โfeesโ?
Letโs break it down. ๐
When you send crypto, youโre not just moving money โ youโre paying a fee to process your transaction.
๐น Bitcoin: Fee goes to miners who verify and add your transaction to the blockchain.
๐น Ethereum: You pay โgasโ to run your transaction โ cost depends on network demand.
๐น Layer 2s (like Arbitrum or Optimism): Lower fees, but still a small cost to settle back to Ethereum.
Why care?
Fees impact how fast and cheap your transactions are. Understand them = smarter crypto moves. ๐ง