#CryptoFees101

Understanding #CryptoFees101 is essential for anyone navigating the blockchain space. Every transaction on a blockchain comes with a fee, which compensates network validators or miners for processing and securing the transaction. These fees vary widely depending on the network. For example, Ethereum often sees high gas fees during peak usage, while networks like Solana or Polygon offer much lower costs. Choosing the right blockchain can significantly affect your trading and DeFi strategy. It’s also important to note that fees aren’t just for transfers—they apply to swaps, smart contract interactions, and NFT mints too. Always check current fee rates before transacting. #CryptoFees101