🔍 #CryptoFees101: Understanding Crypto Fees Made Simple

Ever wondered why your crypto balance shrinks a little after every transaction? Let’s break down the most common types of fees in the crypto world 👇

1️⃣ Gas Fee

This is the cost of using a blockchain network. On Ethereum, gas can get expensive during peak hours. Networks like Solana or BNB Chain usually have lower gas fees 💨

2️⃣ Trading Fee

When you buy or sell crypto on exchanges (CEX or DEX), there’s a trading fee — often split into maker and taker fees. Some platforms offer discounts if you use their native token!

3️⃣ Withdrawal Fee

Want to move your crypto to a private wallet? There’s usually a fixed fee depending on the token and network. Tip: Use networks like Arbitrum or TRON for cheaper withdrawals!

4️⃣ Slippage

Not a direct fee, but it affects your trade value. It’s the difference between expected and executed price — especially common with low-liquidity tokens.

🎯 Tips to Save on Crypto Fees:

✔️ Transact during off-peak hours

✔️ Choose low-fee networks

✔️ Look for free withdrawal events or promos

✔️ Use DEX aggregators to optimize swaps

💡 Remember, saving a few dollars on fees today can mean bigger gains tomorrow. Always understand the cost before you click “Confirm.”

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