#CryptoFees101 💸 #CryptoFees101

Navigating crypto fees can be tricky, but understanding them is key to smarter trading. There are three main types:

1️⃣ Network fees (paid to miners/validators, vary by blockchain activity)

2️⃣ Exchange fees (charged when you buy/sell crypto)

3️⃣ Wallet fees (for sending or converting assets)

⛽ Gas fees on Ethereum can spike during high demand—consider transacting during off-peak hours!

🔄 Some platforms offer fee discounts when using their native tokens.

Always compare fees before trading or transferring crypto to avoid losing value.

💡 Tip: Use Layer 2 solutions (like Arbitrum or Optimism) for lower network costs.