#CryptoFees101 What You Pay & Why It Matters 💸📊
Whether you’re swapping tokens, minting NFTs, or bridging across chains, crypto fees are everywhere — and understanding them can save you serious money.
Let’s break it down 👇
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🔍 Types of Crypto Fees:
🔹 1. Network (Gas) Fees
⛽ Paid to validators/miners to process transactions
🔸 Varies by chain:
• Ethereum = high (when congested)
• Solana, Avalanche, Base = low & fast
🔹 2. Trading Fees
💱 Charged by CEXs (like Binance) or DEXs when you trade
🔸 CEX: Usually tiered by volume
🔸 DEX: Protocol + liquidity provider fees (e.g., Uniswap 0.3%)
🔹 3. Withdrawal Fees
💼 Paid when transferring crypto from an exchange to a wallet
🔸 Some exchanges adjust based on network congestion
🔹 4. Bridging Fees
🌉 When moving assets across blockchains (L1 ↔ L2 or L2 ↔ L2)
🔸 Includes gas + service + liquidity provider fees
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🧠 Tips to Save on Fees:
✅ Use Layer 2s (e.g., Arbitrum, Optimism) for cheaper transactions
✅ Bundle trades or use aggregators like 1inch
✅ Avoid peak hours on Ethereum
✅ Monitor gas prices on sites like GasNow or Etherscan
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In crypto, every transaction counts.
Learn the fee game — and keep more of your gains.#Ethereum $ETH