Cryptocurrency Q&A What is L2 fee in Bitcoin?

What is L2 fee in Bitcoin?

Ilaria Ilaria Wed Nov 06 2024 | 7 answers 1439
I'm trying to understand the concept of L2 fee in the context of Bitcoin. Could someone explain what it is and how it relates to Bitcoin transactions? What is L2 fee in Bitcoin?

7 answers

Caterina Caterina Fri Nov 08 2024
Unlike main blockchain fees, L2 fees are generally lower.

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Federico Federico Fri Nov 08 2024
L2 fees are an important aspect of blockchain transactions.

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Carolina Carolina Fri Nov 08 2024
They represent the payments necessary to execute a transaction on an L2 network.

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ethan_harrison_chef ethan_harrison_chef Thu Nov 07 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet.

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Valentino Valentino Thu Nov 07 2024
This is because transactions are processed off the main chain in L2 networks.

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