Crypto Costs 101 Cryptocurrency transactions involve fees that ensure the security and efficiency of the network.
These fees, paid to miners or validators, vary by blockchain.
Bitcoin fees depend on the transaction size and network congestion, often increasing during high demand.
Ethereum uses gas fees, which are calculated based on computational effort and market conditions.
Some networks, such as Solana, offer low and predictable fees due to high throughput.
Fees can be fixed or dynamic, influenced by wallet settings or priority options.
Understanding the fee structure helps users optimize costs—choosing off-peak times or adjusting gas limits can save money.
Always check network conditions before transacting to avoid surprises.
