Algorand ALGO Network Fees

Algorand (ALGO) Network – Instant and Predictable

Algorand is famous for fast, low-cost transactions with predictable flat fees.

How ALGO Fees Work

• Flat minimum fee (usually 0.001 ALGO)

• Small adjustments for very complex transactions

Edge automatically applies the correct fee without needing user adjustment.

Fee Options Available

• One flat fee — minimal and instant confirmation.

Average Cost

Around $0.0015 USD per transaction.

Why It Matters

Algorand’s reliability and cheap fees make it ideal for quick payments. With Edge, you get instant transactions without worrying about fee settings.

Filecoin (FIL) Network Fees – Storage-Focused Transactions

Filecoin isn’t just crypto—it’s built for decentralized storage, but regular FIL transfers are still simple.

How FIL Fees Work

• Base fee based on network load

• Priority fee if you want faster confirmation

Fees are automatically estimated by Edge.

Fee Options Available

• High – For quicker confirmation

• Optimal (default) – Standard for everyday transfers

• Low – Accept slower confirmation to save

• Custom – Full manual gas setting

Average Cost

Typically $0.05 to $0.20 USD depending on network demand.

Why It Matters

Filecoin manages real-world data, and Edge Wallet makes sending FIL fast and cost-effective with smart fee estimation.