#CryptoFees101 Sure, here's "Crypto Fees 101" condensed to approximately 150 words:

## Crypto Fees 101

Crypto fees are payments for using blockchain networks and services, rewarding miners/validators and preventing spam. They significantly impact your costs.

1. **Network Fees (Gas Fees):** Paid to the blockchain (e.g., Bitcoin miners, Ethereum validators) for processing transactions. These fluctuate wildly based on network congestion. During high demand, fees surge. You can pay more for faster processing.

2. **Exchange Fees:** Charged by centralized platforms:

* **Trading Fees:** Percentage of trade value (maker/taker fees). Makers (add liquidity) pay less than takers (remove liquidity).

* **Withdrawal Fees:** Charged when moving crypto off the exchange, covering network costs plus a service fee.

* **Conversion Fees/Spreads:** For simple swaps or the difference between buy/sell prices.

To reduce fees: monitor network congestion, use lower-fee networks when possible, compare exchange fees, use limit orders, and consider Layer 2 solutions for Ethereum. Always be mindful of every on-chain transaction's cost.