#CryptoFees101 💸 #CryptoFees101: Understand what you really pay when trading crypto

When you trade or send cryptocurrencies, fees can make the difference between a good or bad investment. Knowing how they work is key to saving and trading intelligently.

🔍 Most common types of fees:

1. Trading fees

You pay when buying/selling on an exchange.

They vary if you are a maker (creating liquidity) or a taker (consuming liquidity).

Ex: Binance: 0.1% per standard transaction.

2. Withdrawal fees

Cost to withdraw crypto to your personal wallet.

Depends on the token and network congestion.

3. Network fees (gas)

What you pay to use the network (especially on Ethereum).

Affects swaps, transfers, and smart contracts.

💡 Tip: Use networks like Polygon, Arbitrum, or Solana to reduce fees. Always compare between exchanges.