💸 Why am I being charged for moving my crypto?
It's time to understand the famous fees.
In crypto, fees vary depending on the type of network and platform you use:
🔹Gas Fees (on Ethereum, Polygon, etc.):
You pay validators to process your transaction.
⛽ Sometimes cents… other times, dollars!
🔹 CEX Fees (Binance, Kraken, etc.):
* Trading fee
* Deposit or withdrawal fee
💼 These vary by pair and payment method.
🔹 DEX Fees:
* Protocol fee (like Uniswap)
* Network fee (gas)
🌀 Sometimes more expensive, but more decentralized.
💡 Tip: Some times and networks have lower fees. Research before moving!