#CryptoFees101

💸 #CryptoFees101: Where Does Your Crypto Go?

Ever wonder why your transaction costs more than expected? Here's a quick breakdown of common crypto fees:

1️⃣ Network Fees (Gas Fees)

Paid to miners or validators for processing transactions. Varies by network congestion—Ethereum fees can spike!

2️⃣ Exchange Fees

Charged when buying, selling, or trading crypto. Watch out for:

Trading Fees

Deposit/Withdrawal Fees

Spread (Hidden in the price!)

3️⃣ Wallet Fees

Most wallets are free—but some charge for swaps or advanced features.

💡Tips to Save on Fees

🔹 Trade during low-traffic hours

🔹 Use Layer 2 solutions (like Arbitrum or Polygon)

🔹 Compare fees across exchanges

🔹 Avoid frequent small transactions

Every satoshi counts. Be smart, stay informed. 💼🔍

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