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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
Average gas fees hit a new all-time high of $17.5 per transaction on Feb. 3, triggering some exchanges to halt Ether and ERC-20 withdrawals.
Exchange temporarily halts Ether withdrawals as gas fees hit new highs
Helen Partz
2021-02-04T13:05:02+00:00
23920
News
With Ethereum’s fees rocketing to new highs amid Ether’s rally into new price highs, the fees associated with using some complex DeFi protocols has increased ab...
Ethereum posts new highs as DeFi gas fees go through the roof
Samuel Haig
2021-02-04T04:25:22+00:00
45363
News
Grayscale believes EIP-1559, a proposal to burn Ethereum gas fees, could be extremely bullish for Ether’s price.
Gas fee proposal could create ‘positive feedback loop’ for ETH price: Grayscale
Samuel Haig
2021-02-04T02:12:52+00:00
17526
News
As Lightning Labs continues to expand the Lightning Network’s capabilities, another major exchange announces its plans to integrate.
OKEx to accelerate Bitcoin transactions with Lightning Network
Helen Partz
2021-02-02T15:24:20+00:00
8065
News
Automated token exchanger LuaSwap is cutting costs by employing a second-layer alternative to transacting on the heavily crowded Ethereum mainnet.
LuaSwap using TomoChain for backend transactions
Cyrus McNally
2021-01-29T02:28:28+00:00
7849
News
IOVLabs wants to improve on Ethereum's meta-transaction adoption.
RSK users won’t have to pay transaction fees with new integration
Andrey Shevchenko
2021-01-28T13:02:44+00:00
4443
News
Avoiding U.S. trading hours could save you a gwei or two.
Here are the best and worst times of the day to use Ethereum
Andrey Shevchenko
2021-01-26T18:24:14+00:00
64047
News
A new type of cross-chain bridge has been invented which integrates the interest-yielding properties of DeFi with second layer solutions for Ethereum.
Clever Aave to Matic bridge keeps track of yields
Cyrus McNally
2021-01-22T04:25:14+00:00
13164

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