#CryptoFees101 Crypto transactions aren’t always free—fees play a big role in trading, transferring, and using digital assets. Understanding these fees can help you save money and trade smarter.
On Centralized Exchanges (CEXs), fees usually include trading fees (for buying/selling), deposit/withdrawal fees, and sometimes conversion fees. Trading fees are often lower for makers (who add liquidity) than takers (who remove it).
On Decentralized Exchanges (DEXs), fees come from network (gas) fees and liquidity provider (LP) fees. For blockchains like Ethereum, gas fees can spike during high traffic, making small trades costly. Networks like Solana or Polygon offer lower fees and faster transactions.
Also, cross-chain transfers, bridging, or swapping tokens can add hidden charges. Always check fees before confirming any transaction.
Being fee-aware helps you maximize gains and reduce losses, especially for frequent traders or small portfolios. In crypto, every satoshi counts!