#CryptoFees101 📊 #CryptoFees101
Ever wondered why your $100 crypto trade only gets you $98? 🤔
You are paying crypto transaction fees—and here’s what it actually is:
💸 Network Fees (Gas Fees) – Paid to miners/validators to process transactions. Varies depending on the blockchain (e.g., $ETH gas vs. $SOL fees).
🏦 Exchange Fees – Platforms like Binance, Coinbase, or Kraken charge fees for trading, withdrawals, or conversions.
🔁 Slippage – Not a fee, but a cost when the price changes during the trade. Often overlooked!