#CryptoFees101 Network Fees: Payments for validating transactions. On Ethereum, these fees can be very high during congestion.
Exchange Fees: In DEX, every token swap involves liquidity fees.
Withdrawal Fees: Every exchange charges a fee to withdraw funds to an external wallet.
According to a report by The Block, traders who do not optimize their fees lose up to 12% of their annual returns. A mistake that can be avoided.