#CryptoFees101 *1. Transaction Fees**

These are the fees you pay when sending or receiving cryptocurrencies on the **blockchain**. They vary based on:

- **Network congestion**: The more users there are, the higher the fees (especially in Bitcoin and Ethereum).

- **Transaction speed**: You can pay higher fees to speed up the transfer.

- **Type of blockchain**:

- **Bitcoin (BTC)**: High fees during congestion (sometimes reaching $50).

- **Ethereum (ETH)**: Varies based on "Gas Fee" (can reach hundreds of dollars during peak times).

- **Low-cost chains**: Such as Solana (SOL) or Polygon (MATIC) with fees less than $0.01.