#CryptoFees101

Have you ever wondered why you pay fees when buying or selling cryptocurrencies?

This is the term that explains everything related to fees in the crypto world. When you make a transaction or transfer a coin, blockchain networks or trading platforms often charge fees for processing your transaction and securing the network. These fees vary depending on the type of currency, the network used, and the size of the transaction. For example, the 'gas' fees on the Ethereum network can be high during peak times. Understanding these fees helps you plan your transactions better and save money, especially if you trade frequently or use DeFi services. Do you want to know how to reduce these fees?