Cryptocurrency fees can vary widely between networks. This week, Ethereum recorded high fees again after an increase in memecoin activity, surpassing $15 per transaction during peak hours. In contrast, blockchains like Solana and Avalanche maintain fees below $0.01. Binance announced a fee reduction program for high-turnover pairs like BTC/USDT, benefiting frequent traders. Knowing the fees well allows for optimizing entry and exit strategies. Additionally, decentralized platforms like Uniswap apply additional network fees, which can affect profits if not calculated properly.
