What are the typical fees associated with using a crypto wallet?
The fees for crypto wallets can vary widely. Some common fees include transaction fees, withdrawal fees, and network fees.
Are there any wallets that have no fees at all?
Yes, some wallets offer zero fees for transactions, but they may have limitations or charge higher fees for other services.
How do these fees compare between hot wallets and cold wallets?
Hot wallets often have lower fees for transactions since they are online, while cold wallets may have higher fees due to security measures.
Can I avoid fees completely?
While it's challenging to avoid fees entirely, you can minimize them by choosing the right wallet and timing your transactions.
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