💸 Why do we have to pay a fee for crypto transfers?

Many newcomers are shocked: "Why pay $20 to transfer $100?!"

Let's understand what fees in crypto are and why they can be high 👇

📌 Fee ≠ exchange greed

This is a payment to miners (or validators) for including your transaction in a block.

🔍 What affects the fee amount?

– Network congestion

– Type of blockchain (Ethereum, Bitcoin, Solana, etc.)

– Transaction priority (the higher the fee, the faster it will go through)

⚠️ How to save:

– Use L2 solutions (Arbitrum, Optimism)

– Send during low traffic periods

– Choose networks with low fees (Polygon, BSC)

Pay wisely and don't overpay!#CryptoFees101