#CryptoFees101 : How to avoid overpaying for transactions?
Crypto fees can "eat" your profit if you don't understand their mechanics. Here's what you need to know:
1. What do they depend on?
- Network congestion (the higher the demand — the more expensive).
- Type of blockchain (Ethereum is more expensive than Solana or BSC).
- Urgency (accelerating = extra payment).
2. How to save?
⏳ Choose times of low activity (night, weekends).
📌 Use L2 solutions (Arbitrum, Polygon).
⚡ For BTC — Lightning Network, for ETH — optimistic rollups.
3. Helpful services
- GasNow (ETH), mempool.space (BTC) — fee monitoring.
Pay less — earn more! 💸