#CryptoFees101 #CryptoFees101
💸 A $400K incident that you don't want to encounter 😵💫
Back in January 2024, someone spent 220+ $ETH—yes, over $400,000—just to send a transaction. One click, excruciating pain. 😬💀
Why this matters:
Crypto fees (also known as 'gas' ⛽) are paid to validators and keep the network from being spammed. But they are not fixed—they increase as traffic increases. 📈
Too low? Your transaction just sits there 🧊
Too high? You're donating to the void 🫠
💡 Most wallets guess fees—but don't trust blindly.
🧐 Check carefully before confirming.
That user got lucky. You might not.
🚨 Two seconds of focus = your wallet will be safe 🔐✅