#CryptoFees101 #CryptoFees101

Crypto transactions often come with various fees. The most common are network fees (like gas on Ethereum), which go to miners or validators for processing transactions. Exchange fees occur when buying, selling, or trading on platforms like Binance or Coinbase—usually a small percentage of the transaction. Withdrawal fees apply when moving funds off an exchange. Some platforms also charge spread fees, hiding costs in price differences. Fees vary by blockchain, exchange, and transaction type. Always check fee structures before transacting. Using Layer 2 solutions or low-fee blockchains can help save costs. Being fee-savvy maximizes your crypto gains.