#CryptoFees101

If you are using :cryptocurrencies, understanding fees is crucial.

There are two main types: network fees and exchange fees. Network fees go to miners or validators for processing transactions these vary depending on blockchain traffics. Exchange fees are charged by platforms like Binance or Coinbase for trading, depositing, or withdrawing crypto. Some platforms offer reduced fees for using native tokens. Always check fee structures before trading. High fees can eat into profits, especially during peak times. Opt for off-peak hours or Layer 2 solutions like Optimism to save. Smart crypto users always factor in fees to maximize gains.

For the short just go Limit