#CryptoFees101 CryptoFees101: What You Need to Know

Crypto fees can make or break your transaction — especially if you’re using networks like Ethereum during peak hours. Here’s a quick breakdown:

🔹 Network Fees (Gas): Paid to miners/validators to process your transaction. Higher fees = faster processing.

🔹 Exchange Fees: Centralized (like Binance) or decentralized (like Uniswap) platforms charge a fee per trade.

🔹 Hidden Costs: Watch out for slippage, spreads, and withdrawal fees — they add up fast.

🔹 Tips: Use Layer 2s (like Arbitrum or Optimism) for lower fees, and track gas prices with tools like Etherscan Gas Tracker.