#CryptoFees101

Have you ever wondered about the fees in the world of cryptocurrencies?

#CryptoFees101 helps you understand them simply!

When buying or selling cryptocurrencies, like Bitcoin or Ethereum, you pay fees to the platform (like Binance or Coinbase).

There are two main types of fees:

1️⃣ Trading Fees: A percentage of each transaction.

2️⃣ Network Fees: Paid to miners or validators to process your transaction on the blockchain.

Fees vary based on congestion, the type of currency, and the platform.

Tip: Keep an eye on the fees to save more and choose the right time to trade.