#CryptoFees101

#CryptoFees101

Every crypto transaction comes with a fee—sometimes small, sometimes surprising. These fees go to validators or miners who process and secure the network. On Bitcoin and Ethereum, high traffic can mean higher fees. Layer 2 solutions and alternative blockchains (like Solana or Avalanche) offer lower-cost options. Always check the fee before confirming a trade, swap, or transfer. On decentralized exchanges (DEXs), fees might include network gas and platform charges. Centralized platforms may charge hidden fees in spreads. Want to save? Time your transactions during low network activity and explore gas-optimized wallets. Understanding fees helps you protect your profits. Don’t let fees eat your gains—know before you go. #CryptoTips #BlockchainBasics