๐ธ #CryptoFees101 โ Where Do Your Fees Really Go?
Whether you're trading, swapping, or transferring crypto, fees are inevitable โ but do you know what you're actually paying for?
๐งพ Types of Crypto Fees You Should Know:
๐ Trading Fees โ Charged by exchanges like Binance when you buy/sell.
โ๏ธ Network/Gas Fees โ Paid to miners or validators to process transactions (ETH gas, BTC miner fee).
๐ฐ Withdrawal Fees โ When moving assets out of an exchange wallet.
๐ง Hidden Fees โ Slippage, spread, or poor routing on DEXs.
๐ Pro Tip:
Lower your trading fees by using native tokens (like BNB on Binance) or switching to Layer 2s like Arbitrum or Optimism.
๐ค Are your trades fee-efficient, or are you leaking crypto every step of the way?
๐ฌ Drop your favorite low-fee platforms or tips below!
