A transaction fee is the payment the sender of a transfer pays the network for processing and confirming the operation. Its amount depends on the network load and the priority of the transfer.

Type of cryptocurrency transactions: Speculation The bitcoin bubble burst long ago, however cryptocurrency fans never tire of talking about the advantages of cryptocurrencies and the bright future of blockchain technology. Among them, apparently, there are many "hodlers" — keepers of cryptocurrencies who seek to increase their speculative value in order to profit from selling part of their bitcoins or other coins. Nevertheless, this type of cryptocurrency transactions, which is associated with speculation, is far from the only reason for the movement of digital currencies across wallets.