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Crypto Fees:
Trading Fees: Charged when buying or selling crypto on exchanges. These are typically a percentage of the trade (e.g., 0.1%–0.5%).
Withdrawal Fees: Imposed when transferring crypto from an exchange to a wallet. These vary based on the coin and network congestion.
Deposit Fees: Most exchanges offer free deposits, but some charge for fiat or third-party methods.
Network Fees (Gas Fees): Paid to blockchain validators for processing transactions. Ethereum is known for high gas fees.
Conversion Fees: Applied when converting one cryptocurrency to another within the platform.
Inactivity Fees: Rare but possible on some platforms for dormant accounts.
Hidden Fees: Some platforms offer zero-fee trading but adjust prices slightly to earn a spread.
Reducing Fees: Users can reduce costs by using native tokens (like BNB on Binance) or higher trading volumes.