#CryptoFees101 breaks down the various costs you encounter in cryptocurrency. Primarily, there are **Network Fees (Gas Fees)**, paid to blockchain validators/miners to process transactions. These fluctuate significantly based on network congestion and transaction complexity.
Next, **Exchange Fees** are charged by trading platforms. These usually include **Maker fees** (for limit orders that add liquidity) and **Taker fees** (for market orders that remove liquidity), with makers often paying less. Additionally, exchanges may impose **deposit or withdrawal fees** when moving funds to or from their platform. Understanding these fees is crucial for maximizing profitability and efficient crypto management.