#CryptoFees101 Understanding transaction fees is crucial for every crypto trader, whether you’re a beginner or a seasoned investor. Different exchanges have varying fee structures—some charge based on your trading volume, while others offer discounts for using their native tokens. Network fees, especially for coins like Ethereum, can spike during periods of high congestion, leading to costly transactions. On the other hand, Layer 2 solutions or using exchanges with off-chain systems can help reduce those costs significantly. Always check the fee structure before executing a trade, and be aware of hidden costs like slippage or withdrawal fees. Smart trading starts with smart cost management.
