#CryptoFees101 explains the charges you pay when using cryptocurrencies.

These fees compensate miners/validators for securing the network and prevent spam.

The main types are:

* Network Fees (Gas Fees): Paid to the blockchain network, these fluctuate with network congestion and transaction complexity (e.g., Ethereum gas).

* Exchange Fees: Charged by crypto exchanges for services like trading (maker/taker fees), withdrawals, and deposits.

Fees vary based on network demand, transaction type, and the specific crypto or exchange used. You can often reduce costs by trading during off-peak hours, using limit orders, or choosing lower-fee platforms.