#CryptoFees101
Whether you are trading, transferring, or swapping - fees are a part of the cryptocurrency experience. Knowing what you are paying (and why) can help you navigate the ecosystem smarter.
🔹 1. Transaction Fees
Charged when you buy or sell on a centralized exchange (CEX).
Maker Fee: When you place a limit order (adding liquidity)
Taker Fee: When you place a market order (taking liquidity)
💡 Typically lower for makers; check your exchange's fee tier.
🔹 2. Network Fees (Gas)
Paid to blockchain validators to process transactions.
Varies by network (e.g., Ethereum gas fees vs. Solana fees)
Can spike during high demand periods
💡 Layer 2s and alternative chains often offer lower fees.
🔹 3. Withdrawal Fees
Charged by exchanges when transferring cryptocurrency to an external wallet.
Fixed by asset
Unlike network fees
🔹 4. Swap/Conversion Fees
In DeFi or wallets, swapping tokens may include slippage + protocol fees.