#CryptoFees101

💸 Understanding Crypto Fees: Where Does Your Money Go?

Crypto transactions aren't always free. Here's a quick breakdown of where fees come from and what you’re actually paying for:

🔹 Network Fees (Gas Fees)

These go to miners or validators who process and secure your transaction. On blockchains like Ethereum, fees can spike when the network is congested.

🔹 Exchange Fees

Centralized and decentralized exchanges charge fees for trades, withdrawals, and sometimes deposits. Always check the fine print—some platforms hide fees in the exchange rate!

🔹 Wallet Fees

Most wallets are free, but some charge fees for swaps or convenience features like fiat on-ramps.

🧠 Pro Tips:

✅ Use layer 2 networks (e.g. Arbitrum, Optimism) for cheaper Ethereum transactions

✅ Batch transactions when possible

✅ Compare exchange fees before trading

Knowledge = saved money 💡