#CryptoFees101 Many newcomers are surprised why the same action in crypto can cost $0.02, and sometimes — $20. It has to do with the mechanics of crypto fees.
In decentralized networks, such as Ethereum, users pay "gas" — this is the fee for computational resources. Whether you are using DEXs, DeFi protocols, or simply transferring tokens — each action has its own "cost" in terms of gas.
And here arises the dilemma: speed or savings? The more you pay, the faster the transaction will be processed. But always paying the "maximum" is not cost-effective.