#CryptoFees101

Do you feel like transaction fees in crypto are eating into your profits? Be smarter and trade wisely! First, don’t always rely on the Ethereum network; try cheaper and faster Layer-2 networks. Secondly, choose the right time for your transactions, because peak times = higher fees, so try to operate during quieter times like early morning GMT. Also, don’t forget that there are alternative networks that are faster and cheaper without sacrificing security. In trading, instead of using market orders, use limit orders to save in the long run. Additionally, calculate all the fees that might be deducted from you – from transfers, withdrawals, deposits, and network fees – so you actually know how much profit you’re making. Finally, keep an eye on the promotions offered by the platforms, as many of them provide days without fees or temporary discounts. Simple steps like these make a big difference over time and help you control your costs like a pro!