#CryptoFees101
Cryptocurrency Fees – Where Do Your Money Disappear?
Transferred $100 in crypto, but received only $97? 🤔 It's not magic – it's the fees. Let's break it down:
🔹 1. Network Fee (network/gas fee)
This is the payment to miners or validators for processing your transaction.
🪙 Depends on the blockchain:
— Ethereum: can be $5–$50+ during busy periods
— Bitcoin: $1–$10
— Solana/Tron: pennies
🔹 2. Exchange Fee
When you buy/sell on Binance, Bybit, Kraken, etc. – usually 0.1%–0.25%
📉 Maker/Taker models:
— Maker (places the order): lower fee
— Taker (fills the order): slightly higher
🔹 3. Withdrawal Fee
Each exchange has its own conditions. For example:
— USDT (TRC-20): $0.29
— ETH: $5+
— BTC: $10–$20
🔹 4. Hidden Losses - Spread
The buying/selling rate is not always market price. You can lose 0.5%-2% without noticing.
🛡 How to Save?
✅ Choose networks with low fees (TRC-20, Solana)
✅ Work with loyal exchanges (discounts for tokens, like BNB on Binance)
✅ Avoid peak network loads
✅ Check all fees before sending
💬 Now you understand why $3 “just disappeared” from your wallet?
Save this for yourself to avoid losing more!
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