#CryptoFees101

💸 Why do you have fewer coins after a transaction? It's the fees.

Yes, fees are the price for convenience and security in the network. But not everyone understands how they work.

Here's a brief overview:

🔹 Trading fee - charged when buying/selling on the exchange.

🔹 Network fees (gas) - you pay for sending crypto or interacting with a contract. Especially in networks like Ethereum.

🔹 Withdrawal fees - there’s also a fixed amount for withdrawing to a wallet.

⚡ Life hack: you can reduce fees! For example, activate BNB for payment - this gives a discount on Binance.

💡 The more often you trade, the more you save, if you understand the fees.

Keep track, calculate, and don’t lose extra!