#CryptoFees101 Understanding Transaction Costs**

Crypto transactions involve unavoidable fees, crucial to understand:

1. **Network Fees (Gas):** Paid to miners/validators to process transactions on the blockchain (e.g., Ethereum gas, Bitcoin miner fees). Demand and network congestion make these **variable**. Higher fees = faster confirmation.

2. **Exchange/Trading Fees:** Charged by platforms (CEX/DEX) for executing trades. Often a **percentage** of the trade value. CEXs may have maker/taker models; DEXs add network fees on top.

3. **Withdrawal Fees:** Charged by exchanges to send crypto to your private wallet. Costs vary significantly by asset and platform.

**Tip:** Always check fee estimates before sending or trading. Factor fees into your strategy! High fees can erode small gains. #CryptoFees101