#CryptoFees101
Ever wonder why your crypto transactions come with fees? 🤔
Here’s a quick breakdown:
💡 What are they?
Transaction fees are paid to miners/validators to confirm your actions on the blockchain.
⛽️ Gas (Ethereum) = Fee for computation
📦 Network Fees (Bitcoin) = Fee based on data size
🏦 Exchange Fees = Trading, withdrawal, etc.
🚦 Fees go up when networks are congested. Plan smart!
💡 How to save on fees?
✔️ Use Layer 2s (Arbitrum, Optimism)
✔️ Time your transactions
✔️ Choose fee-efficient chains (Solana, Avalanche)
✔️ Use fee trackers (GasNow, Mempool)
Fees are the cost of decentralization—understanding them puts you in control. ✅
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