#CryptoFees101

In the crypto world, fees are charges applied for transactions, and knowing them is key to avoiding surprises.

1. Network Fees: These are paid to validators for processing transactions on blockchains like Bitcoin or Ethereum. They vary depending on network congestion.

2. Exchange Fees: Exchanges (CEX or DEX) charge for buying, selling, or withdrawing funds. They can be maker (for creating orders) or taker (for executing them).

3. Withdrawal Fees: Some exchanges charge fixed fees for withdrawing cryptocurrencies to an external wallet.

4. Hidden Fees: In DEX, price slippage can affect the final value of a trade.

Before trading, always check the applicable fees. Saving on fees can make a big difference in the long run. Inform your strategy!