What are the fees associated with using NEO?
The fees associated with using NEO depend on the type of transaction being made.
For example, when transferring NEO from one address to another, there is no fee. However, when creating a new asset or registering a new smart contract on the NEO blockchain, there is a fee of 0.001 GAS per transaction.
This fee is used to pay for the cost of running the network and incentivize miners to process transactions. In addition, if you are using a third-party wallet or exchange to store or trade your NEO tokens, they may charge their own fees for their services. These fees can vary depending on the provider and should be checked before making any transactions.
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