#CryptoFees101 💸 1. Network (Gas) Fees

These are fees paid to blockchain validators (miners or stakers) to process and confirm your transaction.

Ethereum (ETH): Known for high gas fees, especially during congestion.

Bitcoin (BTC): Fees go up with demand and block space limits.

Solana, Avalanche, etc.: Generally have much lower fees due to faster consensus mechanisms.

🔹 Tip: Use networks with lower fees for frequent transactions.

---

🏦 2. Exchange Fees

When you trade crypto on an exchange (e.g., Binance, Coinbase), you’ll usually pay:

Maker Fee: For placing an order not immediately matched (adds liquidity).

Taker Fee: For orders that get filled instantly (removes liquidity).

Withdrawal Fee: Charged to transfer your crypto to another wallet.

🔹 Tip: Use exchanges with fee discounts for using native tokens (like BNB on Binance).

---

🤖 3. DeFi Protocol Fees

In decentralized finance (DeFi), you may pay:

Swap Fees: On platforms like Uniswap or PancakeSwap, a portion goes to liquidity providers.

Lending/Borrowing Fees: Interest or protocol-specific charges.

Staking Fees: Some protocols charge a fee when staking or unstaking.

🔹 Tip: Always check slippage and fee breakdowns before confirming.

---

🔐 4. Wallet Fees

Most non-custodial wallets (e.g., MetaMask, Trust Wallet) don’t charge fees directly but still require you to pay network fees.

Custodial wallets might include hidden service fees.

🔹 Tip: Look out for transaction previews to avoid surprises.