#CryptoFees101 Crypto fees" (crypto fees) are the fees paid to process transactions on the blockchain network of cryptocurrency. These fees serve as an incentive for miners or validators who secure the network and validate transactions.

Some common types of crypto fees include:

Transaction fee:

The fee paid to miners for including transactions in the blockchain.

Network fee:

The fee paid for using the blockchain network.

Exchange fee:

The fee paid to the crypto exchange when buying, selling, or trading crypto.

Gas fee:

Another term for transaction fees, especially on blockchain networks like Ethereum.