#CryptoFees101
CryptoFees101: Why Are Crypto Fees So High Sometimes?
Ever noticed gas fees spike like crazy? You're not alone. Here's why:
๐ฅ Network Congestion โ Too many users = higher demand for block space.
โ๏ธ Proof-of-Work Costs โ Mining isn't free (hello electricity!).
๐ง Smart Contracts โ Complex DeFi transactions require more computational power.
๐ Token Swaps โ Swapping isn't just "click & done" โ it touches multiple contracts.
๐ผ Wallets & Bridges โ Each platform can tack on its own fees.