Cryptocurrency Q&A What is the junk fee?

What is the junk fee?

CryptoVanguard CryptoVanguard Thu Sep 05 2024 | 0 answers 0
Excuse me, could you clarify what exactly is meant by the term 'junk fee' in the context of cryptocurrency or financial transactions? I've come across this term a few times but am still unsure of its precise definition. Is it a specific type of fee levied by exchanges or service providers? Or is it a more general term referring to hidden or unnecessary costs associated with certain transactions? Your explanation would be greatly appreciated. What is the junk fee?

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