#CryptoFees101

Crypto fees are the costs you pay when trading or transferring cryptocurrencies. There are three main types: network fees, exchange fees, and withdrawal fees. Network fees, also known as gas fees, go to miners or validators for processing your transaction on the blockchain. Exchange fees are charged by platforms like Binance or Coinbase when you buy or sell crypto—these include maker and taker fees. Withdrawal fees apply when moving your crypto to an external wallet. Fees can vary based on the coin, exchange, and network traffic. Always check the fees before trading to avoid unexpected costs and losses.