💸 #CryptoFees101 – Know What You're Paying For!

Before you make that trade or transfer, understand the fees involved! Here's a quick guide to the most common crypto fees:

1️⃣ Trading Fees

Charged by exchanges (like Binance or Coinbase) when you buy or sell crypto.

👉 Usually a small % (like 0.1%–1%) per trade.

2️⃣ Gas Fees

These are network fees paid to process transactions (especially on Ethereum).

⛽ Gas prices go up when the network is busy!

3️⃣ Withdrawal Fees

Want to move your crypto off an exchange to your wallet? There's often a fixed fee for that.

4️⃣ Slippage

The difference between expected and actual price due to market movement. Fast-moving markets = more slippage!

5️⃣ Hidden/Spread Fees

Some platforms charge indirectly by offering slightly worse prices than the market — always compare!

💡 Tip:

Use exchanges with low fees for regular trading, and time your transfers when network traffic is low to save on gas!

🧠 Smart investors don’t just watch the market — they watch the fees too!

#CryptoTips #CryptoForBeginners #Blockchain101 #SaveOnFees