Definition of Transaction fees

In the world of cryptocurrency, the transaction fee is an amount charged by a network or system whose transaction has been done whether, it’s a transaction of bitcoin customer’s or a transaction of ethereum customers. In prioritizing transaction, this fee becomes so common.

Breif Explanation of Transaction fees

This fee is a difference between in a block chain transaction input and their output. We can also calculate it a the difference of a sending funds and receive funding. In cryptocurrency, this fee becomes prominent in transections.


Previous Post
Newer Post