#CryptoFees101 💰 **#CryptoFees101 – The Hidden Costs of Trading** 🔍
Crypto transactions aren’t free—fees can make or break your profits. Understanding them is the key to smart trading!
🚀 **Types of Crypto Fees:**
🔹 **Network Fees (Gas Fees)** – Paid to validators for securing transactions (Ethereum, Bitcoin).
🔹 **Exchange Fees** – Platforms charge for buying/selling; percentages vary across exchanges.
🔹 **Withdrawal Fees** – Moving crypto off an exchange? Expect a fee!
🔹 **Maker & Taker Fees** – Market makers (limit orders) pay less, takers (market orders) pay more.
⚠️ **How to Minimize Fees:**
✅ Use **low-fee exchanges** like Binance or Kraken.
✅ Trade during **off-peak hours** for lower gas fees.
✅ Opt for **layer-2 solutions** (Polygon, Lightning Network).
✅ Consider **staking or holding** instead of frequent trading.
📉 **Hidden Costs Matter!**
A small percentage here and there adds up—optimize your strategy to keep more profits in your wallet.