Network fees, also known as gas fees or transaction fees, are small charges paid to the blockchain network every time you send crypto. These fees are not collected by us; they go directly to the network validators who process and confirm your transaction on the blockchain.
Think of it as a processing fee that keeps the blockchain running smoothly and securely.
Why do fees vary?
Network fees change based on the level of congestion on the blockchain at any given moment. High network activity means higher fees; low activity means lower fees.
What you should know:
Fees are paid in the blockchain's native token (e.g., ETH for Ethereum transactions)
The fee amount will always be displayed before you confirm your transaction.
Fees are set by the blockchain, not by us.
Always ensure your wallet has enough balance to cover both the amount you're sending and the network fee. Insufficient funds will cause your transaction to fail.