#CryptoFees101
Not all crypto transactions are created equal — and neither are the fees! Understanding how fees work can save you a lot of money and frustration.
🔍 Network Fees (Gas Fees):
Paid to miners or validators to process your transaction. High during network congestion (especially on Ethereum).
🔁 Exchange Fees:
Centralized exchanges (like Binance, Coinbase) charge for trading, depositing, or withdrawing. Compare rates before you trade!
💼 Wallet Fees:
Some wallets may charge a service fee — always read the fine print.
💡 Tips to Save on Fees:
• Use Layer 2 solutions (like Polygon, Arbitrum) for lower gas costs.
• Trade during off-peak hours.
• Use fee calculators and choose slower but cheaper transaction speeds if you’re not in a rush.
Master the fees, maximize your gains. Every satoshi counts!
