#CryptoFees101 – Don’t Let Fees Eat Your Gains 💸🔍
Every crypto transaction has a cost—know your fees or risk losing profit. Here's what to watch for:
🔹 Network Fees (Gas Fees)
– Paid to miners or validators for processing transactions
– Ethereum fees can spike during high traffic
– BSC, Solana, and Layer 2s often offer lower-cost alternatives
🔹 Trading Fees
– Charged by exchanges like Binance, Coinbase, or Uniswap
– CEXs: Fixed or tiered fees based on your volume
– DEXs: Usually include liquidity provider fees + slippage
🔹 Withdrawal Fees
– Most CEXs charge for transferring assets off-platform
– Varies by asset and network—check before moving funds
🔹 Slippage
– Happens when your trade executes at a different price than expected
– High in low-liquidity pairs or during fast market moves
Pro Tip: Always preview the full cost before confirming. Small fees compound fast.
#CryptoFees101 #TradeSmart #GasFees #DEXvsCEX