#CryptoFees101

*Crypto Fees* ๐Ÿ’ธ๐Ÿ“Š

Crypto fees vary depending on:

1. *Network congestion*: Higher fees during peak usage.

2. *Transaction size*: Larger transactions may incur higher fees.

3. *Exchange fees*: Trading fees differ between exchanges.

Types of fees:

1. *Transaction fees*: Paid to miners for processing transactions.

2. *Trading fees*: Charged by exchanges for buying/selling.

3. *Withdrawal fees*: Paid when transferring crypto to an external wallet.

Understanding fees helps you minimize costs and maximize gains! ๐Ÿค” #cryptofees #tradingcosts #blockchain