#CryptoFees101 — Understanding Crypto Transaction Fees

When you trade or move cryptocurrencies, you usually pay fees — but what are they for?

🔹 Network Fees (Gas Fees): Paid to miners or validators to confirm your transaction on the blockchain. Fees vary based on network congestion and blockchain type (Ethereum, Bitcoin, etc.).

🔹 Trading Fees: Charged by exchanges (CEX or DEX) when you buy, sell, or swap crypto. Usually a small percentage of your trade value.

🔹 Withdrawal Fees: When moving crypto off an exchange to a wallet, exchanges may charge a fixed fee.

🔹 Slippage: Not a fee per se, but the difference between expected price and executed price during trading, especially on DEXs with lower liquidity.

💡 Pro Tip: Check fees before trading! Using layer-2 solutions or off-peak times can save you big on gas fees.