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Questions tagged [txn fee]

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Arianna Arianna Thu Sep 05 2024 | 5 answers 1135

What is a TXN fee in crypto?

Could you please elaborate on what a TXN fee is in the world of cryptocurrency? I'm curious to understand the significance of this term and how it affects transactions within the blockchain. Additionally, how does the TXN fee vary across different cryptocurrencies, and what factors influence its determination? I'd appreciate a comprehensive yet concise explanation of this concept.

What is a TXN fee in crypto?

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