#CryptoFees101
You Know?
Understanding crypto fees is essential for smart trading. Every transaction on a blockchain network, whether sending coins or swapping tokens, includes a fee—often called gas on chains like Ethereum. These fees go to validators or miners who process and confirm transactions. Fees vary by network traffic: higher congestion = higher cost. On centralized exchanges (CEXs), you'll see trading fees, withdrawal fees, and sometimes deposit fees, depending on the platform. On decentralized exchanges (DEXs), you'll mostly pay gas fees. Tip: Always compare fees across platforms and consider using Layer 2 solutions or low-fee blockchains like Solana or Polygon to save more!