Understand transactions, mempools, confirmations, and fees.
Market intelligence means making decisions with data, context, and risk rules. Not with hype or fear.
Addresses and networks
An address is like an account number. Networks are like payment rails. The same token name can exist on different networks. Always confirm network before sending.
Confirmations
A confirmation means the network included your transaction in a block. More confirmations generally means more finality. Exchanges often require multiple confirmations before crediting deposits.
Fees and timing
Fees are usually paid to validators or miners depending on the chain. During congestion, fees rise. You can often choose higher fees for faster inclusion.
Always do a small test transfer when using a new network or address. It is the cheapest insurance.
Quick quiz
- What does a confirmation mean.
- Why do fees change.
- What is the safest first transfer habit.