#CryptoFees101 CryptoFees101: Understanding Cryptocurrency Transaction Fees (200 words)

Transaction fees in cryptocurrencies are small charges that users pay when sending or exchanging cryptocurrencies. These fees serve two main purposes: compensating network validators (miners or stakers) and preventing spam on the network.

Each blockchain handles fees differently. On Bitcoin, users pay miners a fee to include their transaction in a block: higher fees mean faster processing. On Ethereum, the fees are called gas, and the cost varies based on network congestion and the complexity of your transaction.