#CryptoFees101

💸 #CryptoFees101 – What You’re Really Paying For 💸

Understanding crypto transaction fees is key to making smart trading and investing decisions. Whether you're swapping tokens or transferring assets, here’s what you need to know:

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🔹 Types of Crypto Fees:

1️⃣ Network (Gas) Fees

Paid to validators for processing your transaction on a blockchain.

High on: Ethereum ($ETH) during congestion

Low on: Solana ($SOL), BNB Chain ($BNB), Avalanche ($AVAX)

2️⃣ Exchange Fees

Charged by platforms (CEX or DEX) for facilitating trades.

Maker Fee: For placing limit orders

Taker Fee: For executing market orders

3️⃣ Withdrawal Fees

Set by exchanges to move funds off-platform

Varies depending on asset and network

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⚡ Tips to Save on Fees:

✅ Use networks with low gas (e.g., $SOL, $BNB)

✅ Batch transactions where possible

✅ Compare fees across platforms before trading

✅ Use native tokens (e.g., $BNB on BNB Chain) to reduce platform fees

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Fees may seem small, but over time, they add up—understanding them is essential to protecting your profits.

#CryptoBasics #Blockchain101 #TradingTips #BNBChain #DeFiFees

Disclaimer: Not financial advice. Always do your own research before investing or transacting.