#GasFeeImpact Many new investors will not pay attention to gas fees for cryptocurrency transactions. Gas fees are the costs associated with processing transactions on the blockchain network. And here are some key impacts that new investors need to know

- Transaction costs: High gas fees can increase transaction costs. Low gas fees can lead to network congestion because many users are using them to execute transactions.

- Transaction speed: Higher gas fees can prioritize transactions, making them processed faster.

- User experience: Excessively high gas fees can negatively affect user experience, causing users to shy away from the network.

- Scalability: Gas fees can impact the scalability of the network as high fees can limit the number of transactions that can be processed.

Managing gas fees is crucial to maintaining the efficiency of the blockchain network.