#CryptoFees101

Understanding Blockchain Transaction Costs

Crypto transactions often come with fees, which vary by blockchain, network congestion, and transaction type.

🧾 Types of Fees:

Gas Fees (Ethereum, etc.): Paid to miners/validators to process transactions. Higher during network congestion.

Trading Fees: Charged by CEXs or DEXs (e.g., Binance, Uniswap). Usually a small % per trade.

Withdrawal Fees: Fees for moving crypto off an exchange to a wallet.

Network Fees (Bitcoin, etc.): Set by users—higher fee = faster confirmation.

💡 Tips:

Use Layer 2 networks (e.g., Arbitrum, Polygon) for lower fees.

Time transactions when traffic is low.

Always review fees before confirming.