Hey there, CryptoFees101 is your friendly guide to understanding crypto costs! When you buy, sell, or trade Bitcoin or other coins, you’ll encounter fees. Exchanges like Coinbase or Binance charge transaction fees—usually 0.1% to 1% per trade—depending on how much you trade or their payment method. Sending crypto to a wallet? Network fees, or “gas,” apply, varying with blockchain congestion (e.g., Ethereum can be pricier than Bitcoin). Want to save? Use low-fee platforms or time your transactions during quieter network times. Always check fee schedules before jumping in—knowledge is power! Let’s navigate these fees together and keep more of your crypto gains!
