Transaction Fee
A transaction fee is a small amount of money you pay to use the blockchain when sending or receiving cryptocurrency.
More terms under T
- Trading VolumeTrading volume is the total amount of a cryptocurrency that has been bought and sold during a specific time period, usually within a day.
- TradingViewTradingView is an online platform that helps people study financial markets. It offers easy-to-use charts and tools to analyze price movements and trends.
- Transaction (TX)A transaction is when you send or receive cryptocurrency on a blockchain.
- Transaction ID (TXID)A transaction ID (TXID) is a special number that identifies each transaction on the blockchain, making it easy to track and verify.
- Transaction TriggersTransaction triggers are rules set on a blockchain that group different transactions to be executed automatically when certain conditions are met.
- Transactions Per Second (TPS)Transactions per second (TPS) is a way to measure how many transactions a blockchain or network can handle in one second.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.