#CryptoFees101 💸 #CryptoFees101: Where does your money go?
Many lose profits due to fees, not understanding what they are paying for:
1️⃣ Network (gas fee) — especially on Ethereum: during peak hours — $10+, on L2 (Arbitrum, Base) — $0.01.
2️⃣ Exchange fee — usually 0.1–0.25% per transaction. Some take hidden spreads.
3️⃣ Withdrawal — a fixed amount, for example, 0.0005 BTC.
4️⃣ Withdrawal via card/fiat — up to 2–5% with unfavorable partners.
⚠️ Before any transaction, check the fee — especially on DEXs and when using “bridges” between networks.
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