NigerianCrypto

📊 #CryptoFees 101: What Are They & Why Should You Care? 💸

Every time you trade, swap, send, or stake crypto — you're paying FEES. But do you know where that money goes?

Here’s the breakdown 🧠👇

🔹 Network Fees = Paid to miners/validators to confirm your transaction. Varies by blockchain (e.g., Ethereum gas fees can be 🔥 high).
🔹 Exchange Fees = Platforms like Binance charge a small cut when you trade. Spot & futures fees differ!
🔹 Withdrawal Fees = Want to move crypto out? Most exchanges charge fixed fees in that coin.
🔹 Hidden Fees = Slippage, spread, and more… Watch out! Some platforms don’t show them clearly.

💡 Pro Tip: Use BNB on Binance to get 25% OFF trading fees!

🚀 Stay smart. Fees eat your profits silently. Know the system. Master it.

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