#CryptoFees101 #CryptoFees101 – Let’s break down the basics of crypto transaction fees in a simple, clear way:

🔹 What Are Crypto Fees?

Crypto fees are small payments required to process a transaction or interact with a blockchain. These fees incentivize validators/miners to include your transaction in the next block.

🔹 Types of Crypto Fees

Fee TypeDescriptionGas FeesUsed on networks like Ethereum; measured in gwei. Paid to execute operations.Trading FeesCharged by exchanges when you buy/sell crypto (usually % of trade volume).Withdrawal FeesCharged by exchanges to move funds to a wallet.Network FeesGeneral term for fees paid to blockchain validators.

🔹 Why Do