#CryptoFees101

Understanding Crypto Fees: What You Pay & Why

Crypto fees are charges linked to trading, transferring, or using cryptocurrencies. They fall into a few key categories:

Network Fees: Paid to miners or validators for processing blockchain transactions (e.g., Bitcoin’s miner fees, Ethereum’s gas fees).

Trading Fees: Charged by exchanges for buy/sell orders; makers usually pay less than takers.

Withdrawal/Deposit Fees: Fees when moving crypto between platforms or wallets, often fixed or network-based.

Staking Fees: Some platforms deduct a small cut from staking rewards.

Other Fees: May include inactivity or foreign transaction charges. Know your costs before you trade.