𝗚𝗮𝘀 𝗳𝗲𝗲𝘀 𝗾𝘂𝗶𝘇: 𝘁𝗿𝘂𝗲 𝗼𝗿 𝗳𝗮𝗹𝘀𝗲?

1. Gas fees are the same no matter what time you transact.
False. Fees spike when the network is busy and drop during low activity.

2. Layer 2 networks like Arbitrum or Optimism can help reduce gas fees.
True. That’s literally why they exist — scaling Ethereum + lowering costs.

3. You always pay gas fees in Bitcoin.
False. On Ethereum, it’s ETH. On other chains, it’s their native token ( MATIC for Polygon).

4. Gas fees are required even when sending crypto to yourself.
True. Any blockchain interaction (even to yourself) costs gas.

5. Gas fees are predictable and stable.
False. They’re volatile and change based on demand.

6. Solana charges the highest gas fees.
False. Solana is known for super low fees — a few cents or less.

How many did you get right?
𝗚𝗮𝘀 𝗳𝗲𝗲𝘀 𝗾𝘂𝗶𝘇: 𝘁𝗿𝘂𝗲 𝗼𝗿 𝗳𝗮𝗹𝘀𝗲? 1. Gas fees are the same no matter what time you transact. → ❌ False. Fees spike when the network is busy and drop during low activity. 2. Layer 2 networks like Arbitrum or Optimism can help reduce gas fees. → ✅ True. That’s literally why they exist — scaling Ethereum + lowering costs. 3. You always pay gas fees in Bitcoin. → ❌ False. On Ethereum, it’s ETH. On other chains, it’s their native token ( MATIC for Polygon). 4. Gas fees are required even when sending crypto to yourself. → ✅ True. Any blockchain interaction (even to yourself) costs gas. 5. Gas fees are predictable and stable. → ❌ False. They’re volatile and change based on demand. 6. Solana charges the highest gas fees. → ❌ False. Solana is known for super low fees — a few cents or less. How many did you get right?
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