🔥 What Is Gas Fee & Network in Crypto (Binance Explained)
1) What Is a Gas Fee?
A gas fee is a small amount of crypto you pay to process a transaction on the blockchain.
Think of it like:
🚗 Fuel for a car
📦 Delivery fee for sending money
Without gas fee ❌
👉 Your transaction will not go through
2) Why Gas Fee is Important
Gas fees are used to:
(A) Confirm transactions
(B) Pay blockchain validators/miners
(C) Keep the network secure
📌 Every blockchain has its own gas fee Example:
BNB Chain → gas fee paid in BNB
Tron Network → gas fee paid in TRX
Ethereum → gas fee paid in ETH
3) What Is a Network in Crypto?
A network is the road your crypto uses to move from one wallet to another.
If you choose the wrong network,
your money can be:
❌ Lost
❌ Stuck forever
That’s why network selection is very important.