#CryptoFees101
Where Does Your Crypto Go? ๐ชโก๏ธ๐จ
Every time you send, swap, or stakeโฆ ๐งพ You pay a fee.
Letโs break it down so you keep more of your coins! ๐ผ๐ง
๐ Types of Crypto Fees You Should Know:
๐น ๐ค Network Fees (Gas Fees) โ Paid to miners or validators (ETH โฝ, BTC โ๏ธ)
๐น ๐ฆ Exchange Fees โ Centralized platforms (like Binance, Coinbase) take a cut (๐ฑ Maker/Taker)
๐น ๐ Spread Fees โ The hidden gap between buy/sell prices ๐ค๐
๐น ๐ Withdrawal Fees โ To transfer from exchange to wallet
๐น ๐ผ Wallet Fees โ Some wallets charge service/transaction fees too
๐ Tips to Save Your Crypto:
โ Use low-fee networks (Solana โก, Polygon ๐ท)
โ Batch transactions when possible ๐ฆ
โ Check fee previews before hitting send ๐ต๏ธโโ๏ธ
๐ฌ Ever paid a crazy gas fee? Drop a ๐ฅ if yes or ๐ if you're fee-smart!