#CryptoFees101

Understanding crypto fees is essential for every trader and investor. There are usually three types of fees: trading fees, withdrawal fees, and network (gas) fees. Trading fees are charged by exchanges when you buy or sell assets—these can be reduced with higher trading volume or using the exchange’s native token. Withdrawal fees are charged when moving assets out of an exchange, and they vary depending on the coin. Gas fees, especially on networks like Ethereum, can fluctuate wildly based on network congestion. To save money, always check fee structures and consider using layer-2 solutions or low-fee exchanges.