#CryptoFees101

💰 #CryptoFees101: Understanding Fees in Crypto

When you use cryptocurrencies, fees are part of the deal. Let’s break down the basics.

🔹 1. What Are Crypto Fees?

Crypto fees are small amounts you pay to process transactions on a blockchain. They help secure the network and compensate validators (or miners) who confirm your transaction.

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🔹 2. Types of Crypto Fees

📌 Network Fees (a.k.a. Gas Fees)

Bitcoin (BTC): Paid to miners to confirm transactions.