#CryptoFees101 #CryptoFees101 – June 2025 Edition
Understanding crypto fees is essential for managing your assets wisely. In 2025, fees vary across networks, and knowing how they work can save you money.
🔹 Network Fees (Gas Fees):
Charged by blockchain networks (like Ethereum, Bitcoin, Solana) to process and confirm transactions. Ethereum’s gas fees have decreased slightly thanks to scaling solutions like Layer 2s (Arbitrum, Optimism) and EIP-4844 (Proto-Danksharding).
🔹 Exchange Fees:
Centralized exchanges (e.g., Binance, Coinbase) charge trading fees—typically a percentage of the transaction (0.1%–1%). Some offer lower fees for higher trading volume or native token usage.
🔹 DeFi Fees:
Using decentralized protocols (Uniswap, Aave, etc.) may involve smart contract interaction fees. Layer 2s are increasingly used to cut these costs.
🔹 Bridging Fees:
Moving assets across chains involves bridge fees and sometimes double gas costs—once on each chain.
✅ Tips to Save on Fees:
Use Layer 2 networks for lower gas.
Schedule transactions during low network activity.
Compare fees across DEXs/CEXs before trading.
Always double-check fees before confirming any transaction. Even small costs can add up in the long run