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Transaction fees, explained

November 1, 2020 by DIGIT
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Why do blockchains need transaction fees — and which networks allow crypto to be transferred less expensively? This explained article takes a look.

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Categories bitcoin block size, Blockchain, Cryptocurrencies, Digital Asset, Fees, ILCoin, Transactions
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  • bitcoinBitcoin(BTC)$104,311.00-0.77%
  • ethereumEthereum(ETH)$2,534.330.50%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.16-0.07%
  • binancecoinBNB(BNB)$659.530.79%
  • solanaSolana(SOL)$152.46-1.99%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.190416-0.52%
  • tronTRON(TRX)$0.267260-0.67%
  • cardanoCardano(ADA)$0.67-0.60%
  • bitcoinBitcoin(BTC)$104,311.00-0.77%
  • ethereumEthereum(ETH)$2,534.330.50%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.16-0.07%
  • binancecoinBNB(BNB)$659.530.79%
  • solanaSolana(SOL)$152.46-1.99%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.190416-0.52%
  • tronTRON(TRX)$0.267260-0.67%
  • cardanoCardano(ADA)$0.67-0.60%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$104,311.00-0.77%
  • ethereumEthereum(ETH)$2,534.330.50%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.16-0.07%
  • binancecoinBNB(BNB)$659.530.79%
  • solanaSolana(SOL)$152.46-1.99%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.190416-0.52%
  • tronTRON(TRX)$0.267260-0.67%
  • cardanoCardano(ADA)$0.67-0.60%
  • bitcoinBitcoin(BTC)$104,311.00-0.77%
  • ethereumEthereum(ETH)$2,534.330.50%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.16-0.07%
  • binancecoinBNB(BNB)$659.530.79%
  • solanaSolana(SOL)$152.46-1.99%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.190416-0.52%
  • tronTRON(TRX)$0.267260-0.67%
  • cardanoCardano(ADA)$0.67-0.60%