#CryptoFees101 #CryptoFees101

Crypto transaction fees are small charges users pay to process and validate transactions on a blockchain. These fees go to miners or validators who secure the network. Fees vary by blockchain: Bitcoin and Ethereum often have higher fees due to demand and limited block space. Some networks, like Solana or Polygon, offer much lower fees. Factors influencing fees include network congestion, transaction size, and speed preference. Choosing the right time or network can help save costs. Always check estimated fees before confirming a transaction. Understanding crypto fees helps users avoid overpaying and ensures smoother, more efficient crypto experiences.