#CryptoFees101 Verifylink: —Hey team! Ready to unravel the mystery of crypto fees? Because sometimes I feel like my money evaporates like magic.

Alondra: —Totally! I find myself looking at my balance and saying, "But where did that little cent go?" It's time to unmask the culprits!

Nomhas: —Ha! And I thought it only happened to me. Go on, go on, Verifylink, you who are the guru of links and information.

Verifylink: —At your service! Let's start from the beginning: what the heck are these fees? Basically, they are the tolls we pay for each move on the crypto board.

Alondra: —Tolls? I like that analogy. And how many types of tolls are there?

Verifylink: —Good question, Alondra! We have three main villains in this story. First, the trading fees. These are what you pay when you hit the "buy" or "sell" button on the exchange. Think of them as the tip for the one who serves you in the market.

Nomhas: —Ah, I see! So, if I buy and sell a lot, is the tip bigger?

Verifylink: —Exactly, Nomhas! And be aware, they vary depending on the volume and type of order, whether you are a "maker" or a "taker". It's like in restaurants, sometimes they charge you differently for takeout or dining in.

Alondra: —And what's the second villain?

Verifylink: —The second is the famous network fees, or "Gas Fees". These are what give us gray hairs! They are the payment to miners or validators for including your transaction in the blockchain.

Nomhas: —Like fuel for the car?

Verifylink: —Exactly! And like gasoline, its price can go up and down faster than a yo-yo on a windy day, depending on how congested the network is. Sometimes they charge you more for the "gas" than for the transaction itself!

Alondra: —You don't say! And what's the third villain?

Verifylink: —The last, but not least, are the withdrawal fees. These are what you pay when you want to take your cryptos out of the exchange and send them to your personal wallet. It's like the fee for using Binance's messaging service to get your money home.

Nomhas: —Wow, now everything makes more sense! Thank you, Verifylink. With this explanation, even I can understand it. I won't feel like I'm being robbed in broad daylight anymore!

Alondra: —Yes, Verifylink! You are a genius! Let's invest with knowledge, colleagues!