#CryptoFees101
Imagine sending a crypto transaction and accidentally paying $500,000 in fees. Sounds insane, right? But it actually happened in September 2023. One user ended up burning over 300 ETH—just to move some funds.
This wasn’t a scam. It was a simple mistake. One wrong number. One small slip. And poof — half a million dollars, gone.
So What Are These “Fees”? 🤔
Every time you make a transaction on a blockchain (like Ethereum),