#CryptoFees101
#CryptoFees101: Refers to the fees associated with cryptocurrency transactions. These fees are paid to networks to confirm and process transactions. Fees can be affected by:
- *Transaction size*: The number of bytes in the transaction.
- *Network congestion*: Increased demand on the network raises fees.
- *Type of currency*: Some currencies have higher fees than others.
Understanding the fees helps improve transaction efficiency and reduce costs.