#CryptoFees101 📚 #CryptoFees101: Where does your money go every time you make a transaction? 💸🔍
Many enter the crypto world without fully understanding the fees. But every satoshi counts, and today I explain what every beginner should know:
🔥 Types of fees in crypto:
1️⃣ Trading Fees: What you pay to buy/sell (be careful with the order type!).
2️⃣ Withdrawal Fees: When withdrawing your funds to an external wallet.
3️⃣ Network Fees (Gas): Payments to validators or miners to process transactions (they can spike if the network is congested!).
💡 Tips to save on fees:
✅ Use the right network (ERC-20 is not always the best!).
✅ Keep BNB in your account to get discounts on Binance.
✅ Group transactions to avoid multiple fees.
🔄 Each fee has a reason for being… but knowing how they work allows you to operate intelligently.
👇 What has been the highest (or ridiculous) fee you ever paid? Share your story and let's learn together!
#CryptoTips #EducaciónFinanciera #BinanceLatam #BlockchainParaTodos