A transaction fee is a small amount of cryptocurrency that is paid by the sender to incentivize the network's miners or stakerpools to process and verify the transaction. Transaction fees are paid in addition to any block rewards earned by miners. The fee amount is usually determined by the sender and can vary depending on network congestion and transaction urgency. Fees that are too low may result in slower transaction processing times or rejected transactions, while fees that are too high can be a waste of funds.
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