#TradingMistakes101 #CryptoFees101

Crypto fees are small charges users pay to process transactions on blockchain networks. These fees compensate miners or validators who maintain the network's security and integrity. Common types include gas fees on Ethereum, trading fees on exchanges, and withdrawal fees. Fees can vary based on network congestion, transaction size, and platform used. Some blockchains like Solana offer lower fees, while others like Ethereum may charge higher during peak times. Understanding crypto fees is essential for cost-effective trading and transfers. Efficient fee management helps users save money and make smarter decisions in the crypto space. Always review fees before confirming any transaction.