#CryptoFees101 💸 #CryptoFees101 – How do you pay fees in crypto?

In the world of cryptocurrencies, fees are not just a small number that gets deducted... they are an important part of every transaction!

📌 Types of basic fees:

1️⃣ Trading Fees:

These are paid to trading platforms like Binance when you buy or sell a coin.

✅ They vary depending on whether you are a market maker or a taker.

2️⃣ Network Fees:

These go to miners or validators when you transfer your assets from one wallet to another.

🔹 Example: Ethereum fees can be higher during times of congestion.