#CryptoFees101

#CryptoFees101: Crypto fees are small charges paid to process transactions on blockchain networks. These fees incentivize miners (Proof-of-Work) or validators (Proof-of-Stake) to secure and maintain the network. Fees vary by blockchain — for example, Ethereum often has higher fees due to network congestion, while Solana or Polygon usually offer lower costs. Gas fees on Ethereum are priced in gwei, a fraction of ETH. Exchange platforms may also charge separate trading or withdrawal fees. Understanding these costs is crucial for efficient crypto use and avoiding surprises. Always check current fees before sending or swapping crypto.