#CryptoFees101 **#Crypto Fees 101: Understanding Transaction Costs**
When using cryptocurrencies, transaction fees are a key factor to consider. These fees vary depending on the blockchain network, congestion levels, and transaction priority.
🔹 **Bitcoin (BTC):** Fees fluctuate based on network demand. High traffic = higher fees. Users can adjust fees for faster or slower confirmations.
🔹 **Ethereum (ETH):** Gas fees fund smart contract executions. During peak times, gas prices spike, making transactions costly. Layer-2 solutions like Arbitrum help reduce costs.
🔹 **Altcoins:** Some blockchains (e.g., Solana, Cardano) offer lower fees due to different consensus mechanisms.
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