#CryptoFees101 – Understanding Crypto Transaction Fees
#CryptoFees101 is your basic guide to understanding fees in the crypto world. Every time you send, trade, or interact with a blockchain, you pay a fee—usually to compensate network validators or miners. These fees vary by blockchain:
Ethereum uses gas fees, which can spike with network congestion.
Bitcoin charges based on data size and network traffic.
Layer 2s and newer chains like Solana or Polygon offer much lower fees.
Fees ensure network security and speed, but always check before transacting—especially during high traffic times. Understanding fees helps you save money and avoid surprises!
