#CryptoFees101 💸 – Understanding the Cost of Crypto Transactions 💡

Ever sent crypto and wondered where did my money go? 🤔 That’s the network fee at work!

Here’s a quick breakdown:

🔹 Gas Fees – Common on Ethereum. You're paying miners/validators to process your transaction. Can spike during high traffic! ⛽

🔹 Exchange Fees – Centralized exchanges (like Binance or Coinbase) charge for buying, selling, or withdrawing.

🔹 Withdrawal Fees – Vary by token & platform. Always check before moving your funds.

🔹 Slippage – Not a fee, but a hidden cost! If the price shifts during your trade, you might get less than expected. 📉

👉 Pro Tip: Use Layer 2 solutions like Arbitrum or Optimism to cut down on gas fees!

💼 The more you know, the more you save in crypto.

🔁 Share this with a friend who keeps asking “Why did I get less than I sent?” 😅