#CryptoFees101 a. Network (Gas) Fees

Who charges it? The blockchain network (not the exchange)

Why? Paid to validators/miners for confirming transactions

Example:

On Ethereum, this is called gas

On Bitcoin, it's just a network fee

b. Exchange Fees

c. Wallet Fees

Most non-custodial wallets (like MetaMask) don't charge fees themselves, but:

You’ll still pay network fees when sending crypto

Some wallets add a markup to swaps or token purchases

📉 4. How to Reduce Crypto Fees

✅ Use Layer 2s like Arbitrum or Optimism (for Ethereum users)

✅ Choose low-fee blockchains like Solana, Avalanche, or Polygon

✅ Use limit orders on exchanges to qualify for maker fees

✅ Swap during low network activity (nights/weekends)

✅ Consolidate transactions (e.g., send once instead of multiple small ones)

❗️ 5. Hidden or Additional Costs to Watch For

Bridging fees (moving tokens between chains)

Slippage in swaps (you receive less due to price movement)

Service fees in DEX aggregators or wallet swaps (e.g., MetaMask or 1inch)