#CryptoFees101 *#CryptoFees101: Understanding Transaction Costs*
Crypto fees can eat into your profits! Here's what you need to know:
1. *Network Fees*: Paid to miners or validators for processing transactions.
2. *Exchange Fees*: Charged by exchanges for buying, selling, or trading.
3. *Withdrawal Fees*: Fees for withdrawing crypto from an exchange or wallet.
Minimize fees by:
1. Choosing low-fee exchanges and wallets.
2. Optimizing transaction timing.
3. Using layer 2 scaling solutions.
Stay fee-savvy and maximize your crypto gains!
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