$USDC

📢 **#CryptoFees101: Understanding What You Pay in Crypto Transactions** 💸

When trading or transferring crypto, fees are unavoidable—but do you know what you're paying for? Here’s a quick breakdown:

🔹 **Network Fees (Gas Fees)**: On blockchains like Ethereum, fees fluctuate based on demand. High traffic = higher fees.

🔹 **Exchange Fees**: Platforms charge trading fees (usually 0.1%-0.5%) for buying/selling crypto.

🔹 **Withdrawal Fees**: Moving crypto off exchanges incurs costs, varying by asset and network.

🔹 **DeFi Fees**: Swapping tokens or providing liquidity? Expect protocol fees + gas costs.

Pro tip: Use Layer 2s (like Arbitrum) or time transactions during low congestion to save! 💡 #Crypto #Blockchain #DeFi