Network fees (gas fees) are the cost required for miners to validate and process transactions. Miners receive this fee as a reward. Network fees fluctuate daily, hourly, and even minutely based on market conditions. The sender of the transaction can set the fee. A higher fee typically results in faster transaction processing.
D'CENT Wallet analyzes the blockchain network conditions and displays an estimated fee for your convenience. However, it's important to understand that D'CENT does not receive this fee. The miners who validate the transaction receive the network fee.
When sending tokens, the network fee is paid from the coin account associated with the token account. For example, to send an ERC-20 token, you need to have ETH coins in your Ethereum account to cover the transaction fee.
Similarly, sending Klaytn-based tokens or creating any transaction on the Klaytn network requires holding Klay coins.
If you don't have enough coins in your account to cover the fee, you can purchase the necessary coins through an exchange, swap service, or other services before initiating the transaction.