#CryptoFees101 #CryptoFees101: A 100-Word Guide

Crypto fees are charges you pay when making transactions on a blockchain. These fees compensate miners or validators who process and secure the network. Fees vary based on network congestion and the type of cryptocurrency—Bitcoin and Ethereum often have higher fees, while others like Solana or Polygon are cheaper. There are two main types: network fees (paid to process transactions) and exchange fees (charged by platforms for trading). To save money, use low-fee times, layer-2 solutions, or fee-efficient blockchains. Always check fees before confirming a transaction. Understanding fees helps you make smarter, more cost-effective crypto decisions.