What are crypto transaction fees?
10/26/21 • 18 min
One common question people ask is why there are so many fees when using crypto. Why do we pay these fees, and where do they go?
In this episode, we’re breaking down all the fees, so you know what you’re paying for and might be able to pay less in the future. In part one, we talk about network fees, which are paid to miners of a blockchain. In part two, we explain the different fees centralized exchanges charge their customers. And finally, we look at ways to optimize the amount of fees paid on your crypto journey.
The Zen Crypto Show is produced by ZenGo: the crypto wallet for everyone. Buy, trade, and earn with unbelievable simplicity, bulletproof security, and legendary customer support.
The Zen Crypto Show is hosted by Sebastien Couture.
If you would like to suggest a topic for future episodes, email [email protected].
Download the ZenGo mobile app: https://zengo.rocks/thezencryptoshow
Subscribe to The Zen Crypto Show: https://thezencryptoshow.transistor.fm
Disclaimers: https://thezencryptoshow.transistor.fm/about
One common question people ask is why there are so many fees when using crypto. Why do we pay these fees, and where do they go?
In this episode, we’re breaking down all the fees, so you know what you’re paying for and might be able to pay less in the future. In part one, we talk about network fees, which are paid to miners of a blockchain. In part two, we explain the different fees centralized exchanges charge their customers. And finally, we look at ways to optimize the amount of fees paid on your crypto journey.
The Zen Crypto Show is produced by ZenGo: the crypto wallet for everyone. Buy, trade, and earn with unbelievable simplicity, bulletproof security, and legendary customer support.
The Zen Crypto Show is hosted by Sebastien Couture.
If you would like to suggest a topic for future episodes, email [email protected].
Download the ZenGo mobile app: https://zengo.rocks/thezencryptoshow
Subscribe to The Zen Crypto Show: https://thezencryptoshow.transistor.fm
Disclaimers: https://thezencryptoshow.transistor.fm/about
Previous Episode
How to get started in crypto
Investing in crypto can be a scary thing at first. It’s a perfectly normal feeling. But beyond the fear, the rationale for investing in crypto is becoming more and more difficult to ignore.
In this episode, we approach crypto investing in three parts. First, we look at how crypto is perceived compared to other technologies in the past. Second, we focus on why people, companies and institutions are investing in crypto. Finally, we talk about the different approaches to investing in crypto.
The Zen Crypto Show is produced by ZenGo: the crypto wallet for everyone. Buy, trade, and earn with unbelievable simplicity, bulletproof security, and legendary customer support.
The Zen Crypto Show is hosted by Sebastien Couture.
If you would like to suggest a topic for future episodes, email [email protected].
Download the ZenGo mobile app: https://zengo.rocks/thezencryptoshow
Subscribe to The Zen Crypto Show: https://thezencryptoshow.transistor.fm
Disclaimers: https://thezencryptoshow.transistor.fm/about
Next Episode
What is DeFi?
Decentralized finance is a new exciting area of finance that more and more people are discovering and leveraging to improve their lives. In this episode, we explore DeFi. First, we look at the benefits of using DeFi compared to Traditional Finance. Second, we discuss some popular DeFi applications and how people use them. And finally, we talk about the risks and things you should look out for.
The Zen Crypto Show is produced by ZenGo: the crypto wallet for everyone. Buy, trade, and earn with unbelievable simplicity, bulletproof security, and legendary customer support.
The Zen Crypto Show is hosted by Sebastien Couture.If you would like to suggest a topic for future episodes, email [email protected].
Download the ZenGo mobile app: https://zengo.rocks/thezencryptoshowSubscribe to The Zen Crypto Show: https://thezencryptoshow.transistor.fmDisclaimers: https://thezencryptoshow.transistor.fm/about
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