#CryptoFees101

Crypto fees are costs associated with using cryptocurrency networks and exchanges. They vary significantly depending on the blockchain, network congestion, and the platform used. Common types include:

* Network (Gas) Fees: Paid to miners/validators for processing transactions and securing the blockchain (e.g., Ethereum's gas fees). These fluctuate based on demand.

* Trading Fees: Charged by exchanges for buying or selling, often categorized as "maker" (adding liquidity) and "taker" (removing liquidity) fees.

* Withdrawal Fees: Levied when moving crypto from an exchange to an external wallet.

* Deposit Fees: Less common, but some platforms charge for depositing funds.

Understanding these fees is crucial for managing costs and maximizing profitability in crypto.