đ¸ #CryptoFees101 â What You're Really Paying For
New to crypto? Then you need to understand feesâbecause they can sneak up on you fast. Whether youâre trading, swapping tokens, or sending crypto across wallets, fees are everywhere.
There are network fees (like gas fees on Ethereum), exchange fees (for buying/selling), and withdrawal fees when you move your crypto off a platform. Some DeFi platforms also take a cut during swaps or staking. It might seem small, but over time, it adds upâespecially when markets are hot.
Smart traders always check the fee breakdown before hitting confirm. Want to save money? Learn which chains are cheaper, and always double-check during high congestion times.
Mastering fees is just as important as mastering the market. đđĄ
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Let me know if you want this simplified for beginners or expanded with examples from real platforms!