#CryptoFees101 #CryptoFees101: 100 Words to Understand Crypto Fees
Crypto transactions come with fees—understanding them helps you save. Network fees (or gas fees) are paid to miners/validators to process transactions. These vary by blockchain; Ethereum often has higher fees than Solana or Polygon. Exchange fees include maker (for placing limit orders) and taker (for market orders) fees. Some platforms also charge withdrawal fees. To reduce costs, use layer 2 solutions, choose off-peak times, or switch to low-fee networks. Always review the fee structure before trading or transferring. Smart users check before they click. Fees can eat into profits—stay informed and transact wisely. #CryptoFees101 💸