#CryptoFees101

#CryptoFees101 – A Beginner’s Guide to Cryptocurrency Fees

Whether you're trading, transferring, or staking crypto, fees are part of the deal. Here's a breakdown to help you understand where your money goes:

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🔹 Types of Crypto Fees

1. Network (Blockchain) Fees

Paid to miners/validators for processing your transaction.

Examples: Gas fees on Ethereum, sats/byte on Bitcoin.

Variable: Depends on network congestion and transaction size.

2. Exchange Fees

Charged by platforms like Binance, Coinbase, or Kraken.

Types:

**Trading fees