$USDC Crypto fees are the fees paid to process transactions on the blockchain network.
♻️These fees are used to pay validators or miners who confirm and add transactions to the blockchain.
♻️These fees may also be referred to as "gas fees" or "network fees".
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Users of bitcoins want their transactions to be included in the bitcoin network. In order to do so, you need to pay a network fee or BTC transfer fee to miners. By making the payment, you can ensure that your transaction has been included within the network in a timely manner.
The higher the fee that is paid, the greater the possibility of instant processing. As there is limited block space available, users pay BTC transaction fees. It is undoubtedly a smart move that gives rise to a win-win situation for both miners and bitcoin users. The miner receives the reward once the validation of a new block is complete.