#CryptoFees101

#CryptoFees101: Understand the fees before making crypto transactions

Cryptocurrencies offer financial freedom, but they are not free of hidden costs. Before sending, exchanging, or withdrawing, it is vital to understand what fees you are paying and why.

Network fees: These are paid to validators/miners. They can vary greatly depending on network congestion (especially on Ethereum).

Exchange fees: Some charge for trading, withdrawing, or even for inactivity. Always read the fine print.

Slippage: In exchanges with low liquidity, you may end up paying more than expected for a transaction.

Tip: Use tools that compare fees and consider networks with lower fees like Polygon, Solana, or Arbitrum if you are making many transactions.

Don't let fees catch you off guard. A good strategy starts with understanding all costs.

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