#CryptoFees101 In the world of cryptocurrencies, it is important to understand how fees work. There are three main types: network (on-chain), trading, and withdrawal fees.
🔹 Network fees are paid to miners or validators (for example, for transactions in Bitcoin or Ethereum).
🔹 Trading fees are the exchange's fee for trades (usually 0.1–0.2% of the transaction amount).
🔹 Withdrawal fee is a fixed charge for transferring crypto to another wallet.
To save money, trade during low activity hours, use exchanges with referral discounts, and choose networks with low fees (for example, BNB Chain).