💸 #CryptoFees101 – Transaction fees in the crypto world can vary depending on the network and activity.
Ethereum is known to be expensive due to congestion (gas fee), while Solana, Polygon, and BNB Chain are much cheaper.
There are three main types:
Network fees (gas) – paid to validators/miners
Trading fees – charged by exchanges (CEX or DEX)
Bridge fees – when moving assets between networks
🔑 Cost-saving tips:
Use L2 networks (Arbitrum, Optimism)
Transact during off-peak hours
Avoid small spam swaps
Understanding fees = more profits.
#CryptoFees101 #DeFi #BlockchainBasics