#CryptoFees101 Crypto Fees 101 – What Are You Really Paying For? 💸

When trading or transferring crypto, fees can eat into your profits if you don’t understand how they work. Here’s a quick guide:

🔹 Network Fees (Gas Fees)

These are paid to blockchain miners or validators.

Example: Ethereum gas fees for sending ETH or using DeFi apps.

Vary based on network congestion.

🔹 Trading Fees

Charged by exchanges (CEX or DEX) when you buy/sell crypto.

Usually a small % of the trade (e.g. 0.1% on Binance).

Can be maker (placing orders) or taker (filling orders).

🔹 Withdrawal Fees

Charged when moving crypto from an exchange to a wallet.

Fixed in some cases (e.g. 0.0005 BTC), varies by asset.

🔹 Slippage

The difference between the expected price and executed price due to low liquidity or fast-moving markets.

💡 Tips to Save on Fees:

✅ Trade during low network activity

✅ Use exchanges with fee discounts (token-based or VIP tiers)

✅ Bundle transfers when possible

Understanding fees = smarter trading = better profits.