#CryptoFees101 Cryptocurrency fees vary across platforms and transactions. Here's a brief overview¹ ² ³:

- *Transaction Fees*: Fees are charged for buying, selling, or transferring cryptocurrencies. For example, Ethereum's daily fees are around $5.4 million, while Bitcoin's are approximately $2.4 million.

- *Exchange Fees*: Trading platforms like Kraken and Robinhood charge fees ranging from 0% to 2.8% per trade. Kraken's fees start at 0%, while Robinhood claims to offer trades at the lowest cost on average.

- *Withdrawal Fees*: Some platforms, like Revolut, charge fees for withdrawals, depending on the plan and trade volume. Others, like Robinhood, don't charge withdrawal fees but may have network fees.

Understanding these fees can help you minimize costs and maximize gains in cryptocurrency trading.