#CryptoCharts101
In cryptocurrency trading and transactions, fees are a key factor to consider. A "0.01 fee" typically refers to a flat fee of 0.01 units of a cryptocurrency — for example, 0.01 BTC, ETH, or another coin. This kind of fixed fee can be common on certain exchanges or wallets that charge per transaction rather than a percentage of the total amount.
For example, if you are sending Bitcoin and the fee is 0.01 BTC, you are paying that amount regardless of whether you send 0.1 BTC or 10 BTC. This can make small transactions expensive and large ones relatively cheaper in terms of fee percentage. For small users, a 0.01 BTC fee (which might be over $600 depending on the market) could be prohibitively high.
It’s important to compare fee structures between platforms. Some exchanges offer percentage