How do I choose the right transaction fee?

What factors should I consider when choosing a transaction fee?

You should consider the urgency of the transaction, network congestion, and the type of transaction you're making.

How does network congestion affect transaction fees?

During high congestion, fees tend to rise as users compete to have their transactions processed faster.

Is there a way to estimate the right fee for my transaction?

Yes, you can use fee estimation tools or check recent transactions on the network to gauge appropriate fees.

What happens if I set my fee too low?

If your fee is too low, your transaction may take longer to process or could be dropped by the network.