Fees News

Cryptocurrency fees can be defined as money (usually in the form of one of the virtual currencies) that is paid as a on top of a transaction. The most common way to charge a fee is by taking a commission, i.e. some percentage from the amount of the transferred money. At the moment, a lot of transactions can be completed without any cryptocurrency fees unless the transaction includes a large amount of data. As miners function as the handler of transactions, they also receive commissions since each new block of the blockchain consists of their operations and, for example, a fee from Bitcoin as well. It is optional to require a commission, but any user that has found a block can include fees by their own choice. In the future, when the rewards for creating a new block will be reduced, miners will get most of their profit directly from the fees.

News
Reduced network activity is resulting in lower fees for Bitcoin and Ethereum as both recede heavily from their all-time highs.
Bitcoin and Ethereum transaction fees sink 95% from all-time highs
Greg Thomson
2021-06-09T11:50:38+01:00
17858
News
Bitcoin and Ethereum transaction fees have declined down to $7.20 and 4.80, respectively.
Bitcoin and Ethereum fees slump to six-month low
Brian Quarmby
2021-06-01T08:26:53+01:00
18823
News
FOX holders will be able to offset gas fees proportionally to their token holdings.
ShapeShift takes aim at gas fees with new FOX token functionality
Andrew Thurman
2021-05-21T00:29:13+01:00
7888
News
Traders racing to exit leveraged positions on-chain appeared to drive a record spike in Ethereum gas prices on Wednesday, with users reporting transaction fees ...
Fallout: Ethereum fees skyrocketed as traders raced to unwind leveraged positions
Samuel Haig
2021-05-20T06:57:53+01:00
21949
Markets News
Dog-themed tokens see an abrupt end to their rallies as Vitalik Buterin liquidates the positions he was gifted and donates the proceeds to charity.
Dog day afternoon as Vitalik dumps multiple memecoins in the name of charity
Jordan Finneseth
2021-05-12T20:37:38+01:00
24561
Sponsored
A cross-chain aggregation protocol enables multi-chain assets to be freely exchanged, and different blockchains to be accessed with ease.
Cross-chain protocol brings together liquidity sources from multiple networks
Connor Sephton
2021-05-11T11:37:56+01:00
5642
News
A $100 investment into DOGE 100 days ago would now be worth $2,742, while the same investment into BTC would be worth $130 today. Ethereum’s hash rate has incre...
100 fascinating facts about crypto’s last 100 days
Samuel Haig
2021-04-28T06:08:11+01:00
39692
News
Launching in June, Binance’s new NFT platform and marketplace will share the same account system as Binance.com.
Binance crypto exchange to launch its own NFT platform
Helen Partz
2021-04-27T13:45:40+01:00
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