#CryptoFees101

Why did I pay so much in fees?!

The world of cryptocurrency often surprises not only with its highs but also... with fees 😅

Here's a basic explanation of where crypto fees come from and how to deal with them:

📌 What are crypto fees?

This is the fee for processing a transaction on the blockchain. You pay miners (or validators) to confirm your transaction.

🔗 Different blockchains have different rules:

Bitcoin (BTC): The fee depends on the size of the transaction in bytes and the congestion of the network.

Ethereum (ETH): Here, there is a Gas Fee — a fee for computation. The price depends on the complexity of the action and the load on the network.

Solana, Avalanche, Polygon: Fees here are significantly lower — often less than $0.01.

⚙️ Important:

High fees ≠ theft. This means the network is congested or you chose a priority (faster) confirmation.

💡 Tips:

Use less busy hours for transfers.

Don’t overpay: Most wallets allow you to choose the fee level manually.

Explore alternative networks with lower fees.

Crypto is freedom, but knowledge = savings 💰