JamesG1
Employee Tax Expert

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We can recommend no authorities other than tax authorities.  But the Motley Fool explains the issue.

 

What are cryptocurrency transaction fees?

 

A transaction fee is a charge that is attached when you're buying or selling something. As the saying goes, there's no such thing as a free lunch. For cryptocurrencies, that means charging fees at a couple of different levels to keep the blockchain networks running.

 

Cryptocurrency transaction fees come in different varieties:

 

  • Trading fees
  • Blockchain wallet fees
  • Built-in transaction fees

@Max3721 

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