#CryptoFees101

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💸 #CryptoFees101 – Understanding Cryptocurrency Fees 💸

🔹 What are the fees?

When you send or receive cryptocurrencies (like Bitcoin or Ethereum), you pay a small fee known as a network fee or gas fee.

🔹 Why are these fees imposed?

To incentivize miners/operators to process transactions

To secure the network against spam attacks

🔹 Do they vary from one currency to another?

Yes! Fees vary depending on the currency and network congestion.

🔹 How can I control them?

Choose less congested times to reduce fees

Use networks with lower fees (like Litecoin or Tron)

Some wallets allow you to manually adjust the fees.

Are you having trouble with cryptocurrency fees? Share your experience! 👇

#CryptoFees #DeFi #Blockchain#