#TradingMistakes101 Many newcomers are surprised why the same action in crypto can cost $0.02 at times and $20 at others. This is due to the mechanics of crypto fees.
In decentralized networks like Ethereum, users pay 'gas' — which is the fee for computational resources. Whether you're using DEXs, DeFi protocols, or simply transferring tokens — each action has its own 'cost' in terms of gas.
And here lies the dilemma: speed or savings? The more you pay, the faster your transaction will be processed. But always paying the 'maximum' isn't cost-effective.