#CryptoFees101 💰 Crypto Fees 101: What Are You Really Paying For? 🧾📊
Whether you're trading, sending, or swapping — fees are part of crypto. Here's what you need to know 👇
🔹 1. Trading Fees
Charged when you buy or sell crypto on exchanges.
➡️ Usually a small % (like 0.1%) of the trade.
✅ Lower fees on high volume or VIP tiers on platforms like #Binance.
🔹 2. Withdrawal Fees
Charged when you move crypto from an exchange to your wallet.
➡️ Depends on the coin and network congestion.
🔹 3. Network (Gas) Fees
Paid to blockchain miners or validators.
➡️ Higher on Ethereum, lower on networks like BNB Chain or Solana.
🔹 4. Deposit Fees
Most major exchanges (like Binance) don’t charge for crypto deposits.
✅ Always double-check!
💡 Pro Tips:
– Choose the right blockchain to save on fees.
– Batch your transactions when possible.
– Know the difference between exchange fees & network fees.
Understanding fees = smarter trading & better planning.