#CryptoFees101

Understanding Crypto Fees 💸

Crypto fees are small charges paid when making transactions on a blockchain. These include network fees (paid to miners or validators) and trading fees on exchanges. On platforms like Ethereum, network fees can fluctuate based on demand—called gas fees. Centralized exchanges like Binance or Coinbase charge trading fees, usually a percentage of the trade. Some platforms offer discounts for using their native tokens. Always check the fee structure before trading or transferring crypto to avoid surprises. Smart moves save money! 🔍💰 #CryptoFees