#CryptoFees101 Sure! Here's a beginner-friendly breakdown under the hashtag:

---

💸 #CryptoFees101: Understanding Crypto Transaction Fees

Whether you’re swapping tokens, sending Bitcoin, or minting NFTs, fees are part of the game. Here’s what you need to know:

---

🔹 1. What Are Crypto Fees?

Fees are charges you pay to process transactions on a blockchain network. These fees go to miners or validators who secure the network.

---

🔸 2. Types of Crypto Fees

🪙 Network Fees (Gas Fees)

Paid to miners/validators for processing your transaction.

Ethereum calls them “gas.”

Bitcoin uses satoshis per byte (sat/vByte).

> Example: Sending ETH = paying gas; sending BTC = paying sats/byte.

---

🔄 Exchange Fees

Centralized Exchanges (CEXs) like Binance, Coinbase:

Trading fees (e.g., 0.1% per trade)

Withdrawal fees (can vary by asset)

Decentralized Exchanges (DEXs) like Uniswap:

Swap fee (e.g., 0.3%)

Plus network gas fee

---

🧾 Slippage

Not a fee, but a cost.

Happens when the price changes between when you place a trade and when it's