#CryptoFees101 #CryptoFees101
Most people blindly accept gas fees, exchange fees, withdrawal fees, and network fees, never considering why they are paying them—or how much they are actually losing. Spoiler: it adds up.
Suppose you are transferring ETH worth $1000 and you pay $25 in gas fees. That's 2.5%—more than many traditional banks charge for international transactions. Now imagine you do this ten times a month.
The solution? Start tracking fees. Use Layer 2 whenever possible. Avoid small frequent transfers. And always compare fees before choosing an exchange.