#CryptoFees101
Cryptocurrency fees vary depending on the cryptocurrency, network congestion, and type of transaction. Here are some key points to consider:
- *Transaction Fees*: Paid to miners or validators for processing transactions on the blockchain.
- *Network Fees*: May fluctuate based on network congestion, with higher fees during peak times.
- *Exchange Fees*: Charged by cryptocurrency trading platforms for buying, selling, or trading cryptocurrencies.
- *Withdrawal Fees*: May be charged when transferring cryptocurrencies from a trading platform to a personal wallet.