#CryptoFees101

💸 What Are Crypto Fees?

Crypto fees are the costs you pay when sending, trading, or interacting with blockchains. They go to miners, validators, or exchanges to process and secure transactions.

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🔹 Types of Crypto Fees

1. Network Fees (Gas Fees)

• Paid to the blockchain (not the exchange)

• Varies based on congestion and blockchain type

2. Exchange Fees

3. DeFi Fees (Decentralized Finance)

• Smart contract interactions (swaps, staking)

• Can include both gas fees and protocol fees