#CryptoFees101

Crypto fees are charges associated with transactions, trades, or services on blockchain networks. Types include:

1. *Transaction fees*: Paid to miners or validators for processing transactions.

2. *Exchange fees*: Charged by exchanges for buying or selling cryptocurrencies.

3. *Withdrawal fees*: Applied when transferring cryptocurrencies from an exchange to a wallet.

4. *Network fees*: Paid for interacting with smart contracts or decentralized applications (dApps).

5. *Gas fees*: Specific to Ethereum, paid for computational resources used in transactions.

Understanding these fees is crucial for minimizing costs and maximizing returns in cryptocurrency transactions and investments. Fees can vary depending on network congestion and transaction complexity.