#CryptoFees101 *#CryptoFees101* is a beginner’s guide to understanding the different *fees* involved in cryptocurrency transactions and trading.

💸 Common Types of Crypto Fees:

1. *Network/Blockchain Fees (Gas Fees)*

- Paid to miners/validators for processing transactions.

- Varies by network (e.g., *Ethereum gas*, *Bitcoin mining fee*).

- Can be *high during congestion* (ETH) or *very low* (SOL, TRX).

2. *Trading Fees*

- Charged by *CEXs* (Binance, Coinbase) or *DEXs* (Uniswap, PancakeSwap).

- Usually a *percentage of the trade* (e.g., 0.1%–0.5%).

- Some platforms offer fee discounts with native tokens (e.g., BNB on Binance).

3. *Withdrawal Fees*

- Fixed fee for moving assets *off the exchange* to a wallet.

- Varies per token and platform.

4. *Slippage*

- Not a fee but a *price difference* between order time and execution.

- Common in volatile or low-liquidity markets.

5. *Deposit Fees*

- Rare in crypto; most exchanges don’t charge for crypto deposits.

- Fiat deposits (via card or bank) might incur fees.

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🧠 Tips to Minimize Fees:

- Use *layer 2 networks* (e.g., Arbitrum, Optimism).

- Trade during *low network congestion*.

- Choose *low-fee exchanges or DEXs*.

- Use *limit orders* when possible to avoid slippage.