#CryptoFees101 Navigating crypto can be tricky, and fees are a big part of it! Here's a quick breakdown:

💰 Network Fees (Gas Fees): These are paid to miners/validators for processing and securing transactions on the blockchain. They fluctuate based on network congestion – think of it like surge pricing on a busy road!

💸 Exchange Fees: When you buy, sell, or trade crypto on an exchange, they charge fees. These often come as "maker" (for adding liquidity with limit orders) and "taker" (for taking liquidity with market orders) fees, and can vary by volume.

🏦 Deposit/Withdrawal Fees: Some exchanges charge for depositing or withdrawing fiat (like USD) or even certain cryptocurrencies. Wire transfers can have higher fees than ACH or SEPA.

Pro-Tip: To reduce fees, consider using native exchange tokens for discounts, trading during off-peak hours (when networks are less congested), and consolidating smaller trades into larger ones.