💸 Understanding Crypto Fees: What You Pay and Why It Matters 💡
Whether you're trading, sending, or staking crypto — fees are everywhere. But what exactly are you paying for?
🔍 3 Types of Common Crypto Fees:
1️⃣ Network (Gas) Fees
Paid to miners or validators to process your transaction.
🟢 Low on Solana & XRP
🔴 High on Ethereum during congestion
2️⃣ Exchange Fees
Charged by platforms like Binance or Coinbase for buying/selling.
⚠️ Varies with trading volume and VIP level.
3️⃣ Withdrawal Fees
Charged when transferring your crypto off an exchange to a wallet.
💡 Always check before withdrawing — fees can differ coin to coin.
🚀 Pro Tips to Save on Fees:
✅ Use Layer 2 solutions like Arbitrum or Optimism for ETH.
✅ Trade on low-fee blockchains like SOL, TRX, or XRP.
✅ Consolidate transactions to avoid multiple small gas charges.
✅ Withdraw when the network is less busy (avoid peak hours).
📉 Every satoshi saved is a satoshi earned.
Fees may look small — but over time, they add up.
