#CryptoFees101 Commissions in cryptocurrencies are payments made for the use of a blockchain network. These fees serve several crucial purposes:

Incentive for miners/validators: In networks like Bitcoin or Ethereum, miners (or validators in Proof of Stake networks) are the ones who process and verify transactions. The commissions reward them for their work and for securing the network.

Network security: By requiring a fee for each transaction, spam attacks that could attempt to flood the network with trivial transactions are discouraged.