Lesson 4 of 43 min

Networks and fees

Each blockchain is a network: Bitcoin, Ethereum, Tron, Solana, Polygon, Arbitrum, Base, BSC.

Network fee

To record a transaction, the network charges a fee. It is paid in the network's own coin and changes according to activity:

  • Some networks are cheap and fast.
  • Others become expensive during high-usage times.

How to save

  • Choose a low-fee network that both your origin and destination accept.
  • Combine amounts: sending once is cheaper than sending multiple times.

On SnowBridge

Receiving has no fee. When sending, the fee appears on the screen before confirming.

Summary

  • Each network charges its own fee, which varies with usage.
  • Choose a cheap network accepted by both origin and destination.

Quick check

How to save on network fees?
On SnowBridge, does receiving crypto have a fee?