#CryptoFees101 #CryptoFees101 explains the essential costs involved in using cryptocurrencies. Every blockchain transaction—whether sending coins, trading on an exchange, or interacting with smart contracts—incurs a fee. These fees compensate miners or validators for securing the network. On Bitcoin and Ethereum, fees fluctuate based on network congestion. Ethereum also charges gas fees, which vary with contract complexity. Centralized exchanges may charge maker/taker fees, while decentralized platforms have liquidity provider and protocol fees. Understanding fee structures is crucial for managing costs and optimizing trades. Newer blockchains like Solana and Layer