#CryptoFees101 Cryptocurrency fees are charges users pay to process transactions on a blockchain. They vary by network, coin, and market conditions.
Transaction Fees: Paid to miners or validators to process and confirm transactions on the blockchain (e.g., sending Bitcoin or Ethereum).
Purpose: Incentivize network security, prevent spam, and prioritize transactions.
Who Pays: The sender typically pays the fee, though some platforms may absorb or redistribute costs.