Definition
A bridge fee is a cost charged when moving crypto assets from one blockchain to another through a bridge. It is usually calculated as a small percentage of the transferred amount or as a fixed charge. The bridge fee compensates the bridge service and related network costs involved in completing the cross-chain transfer.
In Simple Terms
A bridge fee is the price paid to use a crypto bridge. When someone sends coins or tokens from one blockchain to a different blockchain, the bridge takes a fee from the transfer. This fee helps cover the cost of running the bridge and using the blockchains involved.
Context and Usage
The term bridge fee appears in discussions about cross-chain transfers, multi-chain wallets, and moving assets between different blockchain networks. It is often mentioned alongside other costs, such as gas fees on each chain. Bridge fees are commonly checked by users comparing different bridges, especially when transferring stablecoins or moving funds between a CEX and on-chain environments.