💸 #CryptoFees101 : Understanding Fees in Cryptocurrencies! 🔍💡
Every crypto transaction involves fees, and understanding them is essential for operating efficiently! 🧠📉
⛓️ Network Fees (Gas Fees): Paid to validators to process transactions. They vary by blockchain — Ethereum tends to be more expensive 💥, while Solana and Polygon are cheaper ⚡.
🏦 Exchange Fees: CEXs and DEXs charge for trades, withdrawals, or conversions. Keep an eye on the percentages! 📊
💼 Liquidity Fees: In DEXs, part of the fee goes to liquidity providers.
💡 Tip: Use off-peak hours and cheaper networks to save money! ⏰💰
#CryptoTips #DeFi #Blockchain #CryptoFees #Ethereum #Binance #Polygon 🪙