#CryptoFees101 ๐ธ
Understanding crypto fees is key to smarter trading!
There are mainly three types of fees youโll encounter:
1๏ธโฃ Trading Fees โ Charged when you buy or sell on an exchange (maker/taker fees).
2๏ธโฃ Network Fees โ Paid to miners/validators for blockchain transactions (like sending BTC or ETH).
3๏ธโฃ Withdrawal Fees โ Charged when moving crypto off an exchange to a personal wallet.
๐ Always check fee structures before trading โ low fees = more profit in your pocket!