Join today

What are Blockchain Transaction Fees?

THIS COURSE WILL LET YOU:

  • Find out what is a blockchain
  • See why is has transaction fees
  • Learn how to deal with transaction fees
Write your awesome label here.

Bitcoin
transaction fees

As the world's first blockchain network, Bitcoin established the transaction fee standard that many cryptocurrencies employ today. Satoshi Nakamoto saw that a transaction fee might protect the network from large-scale spam attacks. 

Why are transaction fees needed?

Since their conception, transaction fees have been a fundamental feature of most blockchain systems. When sending, depositing, or withdrawing cryptocurrency, you have most likely encountered numerous commissions.

Buy bitcoin in just a few minutes

Start with as little as $25 and pay with your credit or debit card

Can't understand a word?

Check out our Crypto Glossary and find all the terms, descriptions and abbreviations you will ever need.

Become a Crypto Expert with us!
Created with