#CryptoFees101

What are crypto fees?: Costs associated with transactions on blockchain networks.

Types of fees:

1. Transaction fees

2. Network fees

3. Exchange fees

Factors affecting fees:

1. Network congestion

2. Transaction size

3. Blockchain protocol

Minimizing fees:

1. Choose low-fee blockchains

2. Optimize transaction timing

3. Use fee-efficient exchanges

Importance: Understanding crypto fees can lead to cost savings and transaction efficiency.