#CryptoFees101 Crypto Fee 101: What You Need to Know

Every time you send or swap cryptocurrency, you pay a transaction fee. This fee is paid to the miners or validators who keep the blockchain running by confirming transactions. The fee amount depends on the blockchain network, how busy it is at the moment, and how complex your transaction is.

For example, Ethereum often has high gas fees during peak times, while networks like Polygon or Solana offer much lower fees. Some wallets let you adjust the fee—higher fees usually mean faster confirmation.

Understanding crypto fees helps you avoid surprises and choose the most cost-effective way to transact.