#CryptoFees101

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### 💸 **Understanding Crypto Fees**

Crypto transactions often come with **fees**, which vary based on the **blockchain**, **exchange**, and type of **transaction**. These fees are crucial for keeping networks secure and operational.

There are three common types of crypto fees:

1. **Network Fees (Gas Fees)** – Paid to blockchain validators or miners (e.g., Ethereum gas fees). They fluctuate based on network congestion.

2. **Exchange Fees** – Charged by centralized or decentralized platforms for trading. These can be **maker/taker fees** or flat percentages.

3. **Withdrawal Fees** – When transferring crypto from exchanges to wallets, platforms often charge a fixed or network-based fee.

Fee levels vary by chain: **Ethereum** can have high gas fees, while **Solana** and **Polygon** are known for low-cost transactions.

To reduce costs, users can time transactions during low activity or use **layer 2** solutions and **low-fee networks**.

Understanding crypto fees helps you **trade smarter**, save money, and choose the right platform for your needs.