Cryptocurrency Q&A Why do I have a transaction fee?

Why do I have a transaction fee?

EchoWhisper EchoWhisper Thu Sep 05 2024 | 0 answers 0
I'm curious, could you explain to me why I'm being charged a transaction fee when I make cryptocurrency transactions? Is this a universal practice in the crypto world, or is it specific to certain platforms or coins? Additionally, how are these fees determined, and is there any way to minimize or avoid them altogether? Understanding the reasoning behind these fees would help me make more informed decisions when engaging in cryptocurrency transactions. Why do I have a transaction fee?

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