Oh my friend dealing in the crypto world, whether you are a beginner or have little experience, you have definitely noticed something important that can be annoying at times: transfer fees! 😩
When you come to transfer a digital currency from one platform to another, or from a platform to your own wallet (and vice versa), you are asked to choose a "transfer network". Here, the amount of "fee" you will pay for the transaction to occur on the blockchain is determined.
The strange (and beneficial for you) thing is that these fees can vary greatly from network to network, and also from time to time!
Why is there a difference in network fees? 🤔
Simply put, each blockchain network (like Ethereum, Binance Smart Chain, Solana, Polygon, etc.) has a different way of operating and a different speed in processing transactions. Times of congestion on the network can cause fees to increase (because your transaction takes priority). The design of the network itself also plays a big role.
Simple examples of the differences (generally):
* Networks with usually high fees (especially during congestion): The main Ethereum network (ERC20). Transferring currencies like ETH or any ERC20 currency on this network can be a bit costly.
* Networks with usually low fees (and faster): Binance Smart Chain (BSC/BEP20), Polygon (Polygon/MATIC), Solana (Solana), Avalanche (Avalanche C-Chain), and Ethereum's Layer 2 networks like Arbitrum and Optimism. Transferring the same currency (if supported on these networks) is much cheaper!
The secret is what? The secret is in "choosing the right network" when transferring between platforms and wallets!
Imagine you want to transfer a currency like USDT (which is the digital dollar) from Binance to an external wallet or another platform. You will find several choices for the network (ERC20, BEP20, TRC20, Polygon, Solana, etc.). Each network has a different fee and different speed.
How to take advantage of this to save on fees in 2025? (Practical steps):
* Check which networks your currency is supported on: Not all currencies are available on all networks. First, make sure the currency you want to transfer is supported on any networks on the platform you are sending from.
* Check which networks the other party supports: This is more important than the first step! You must ensure that the wallet or platform you will receive on supports the same transfer network that you will send on. (If you send on the wrong network that is not supported on the other end, your money could be lost!! Be very careful about this point!)
* Compare fees for supported common networks: After you know which common networks both parties support, compare their fees at the moment of transfer. The Binance platform usually shows you the fees for each available network for this currency.
* Choose the cheapest "supported" network on both sides: Have you found the cheapest network supported by both the sending and receiving parties? Choose it and make the transfer to save yourself extra fees!
Quick and important tips:
* Always, always, always make sure you selected the exact same network for sending and receiving. One letter or a different network means a big problem.
* Start with a very small amount as a test if you are using a specific network or transferring between two places for the first time.
* Network fees can change based on network congestion, so always check the displayed fees at the exact moment of transfer.
* Networks like BEP20 (Binance Smart Chain), Polygon, and Solana are often cheaper options for currencies like USDT and USDC and many others, if supported on the receiving end.
Now you know the secret! By using this simple method, you can save a significant amount of money that you would have paid as transfer fees if you had automatically used the more expensive network.
Try this method in your upcoming transfers, and see the difference for yourself! 😊#CryptoFees #Blockchain#CryptoFees e #BinanceTips #SaveMoney #CryptoTransfer #ERC20 #BEP20 #Polygon #Solana #Layer2 #الكريبتو #العمولات #شبكات_البلوك_تشين #توفير #تحويل_كريبتو #باينانس #نصيحة_اليوم 
