#CryptoFees101
Did you make a transaction and think you lost money? Calm down, it might just have been the fee.
Welcome to the universe of crypto fees, a detail that can eat into your profits if you're not careful.
📌 Network fee (gas fee) – paid to validate transactions on blockchains like Ethereum. During peak times, it can skyrocket!
📌 Exchange fees (CEX) – each purchase, sale, or withdrawal may have a hidden fee. Always read the conditions!
📌 Slippage (in DEX) – the difference between the expected price and the executed price. It may seem small, but it hurts when it adds up.
💡 Tip: compare fees before trading and, if possible, trade when the network is less congested.