#CryptoFees101 CryptoFees101: What do you need to know about fees in crypto? 💸

Beginners are often surprised: "Why did I pay so much to send crypto?" 😬

It's time to clear up the doubts! Here are the basics of fees in the world of cryptocurrencies:

🔗 1. Network fees ≠ exchange commissions

The network fee (gas fee) goes to miners/validators for processing the transaction.

The exchange commission is what the platform (e.g., Binance, Coinbase) takes for handling the order.

⛽ 2. Ethereum and 'gas fees'

On Ethereum, every operation — even simple ones — consumes what's called 'gas'.

The more congested the network, the more expensive the gas.

Want it cheaper? Use Layer 2 (e.g., Arbitrum, Optimism) or another network (e.g., Polygon, Solana).

🧾 3. Withdrawal fees from exchanges

Exchanges often impose their own fixed withdrawal fees.

💡 Tip: Before you withdraw, check which network is the cheapest and supported by the recipient.

🔁 4. Swaps in DeFi = more fees

Swaps on DEXs (e.g., Uniswap, PancakeSwap) can include:

gas fee,

slippage (exchange rate difference),

protocol commission.

🪙 5. Stablecoins ≠ always cheap

Some stablecoins (e.g., USDT) on Ethereum are expensive to transfer. But the same USDT on Tron (TRC20) – almost for free.

🛠️ 6. How to optimize costs?

✅ Choose cheap networks (Polygon, Solana, TRON)

✅ Bundle transactions when possible

✅ Monitor network status – avoid peak hours

✅ Use wallets that show estimated fees (e.g., MetaMask)

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📊 Crypto fees are not 'hidden costs' — they are part of the technology.

Understand them, and you'll start paying less and acting smarter 💡

📲 Share if you've ever overpaid for a transaction 😉

#CryptoFees101 #CryptoFees #GasFee #DeFiPL #Web3Education