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one of the common criticisms of cryptocurrency is that the transaction fees tend to be too damn high on blockchains like ethereum a single transaction can cost dozens of dollars on a good day and this has left many searching for lower cost alternatives today im going to explain how transaction fees work why theyre needed and which cryptocurrencies have the lowest transaction fees [Music] now i hate to be crass but before we hit the gas i need to cover my ass if youre here for financial advice then im afraid youll have to give this video a pass thats because entertainment and education are the only things i blast please contact a financial advisor if your wallet is looking sparse if this is the first time we cross paths my name is guy and my mission is to fill your brain with crypto knowledge that will last i do that by creating the highest quality crypto content that i can coins s news reviews and other topics the central banks cant stand if youre already a fan subscribing to t