#CryptoFees101

Crypto fees are charges users pay to process transactions or interact with blockchain networks. These fees vary depending on the blockchain and activity type.

1. Network Fees (Gas Fees): Common in Ethereum and similar blockchains, these are paid to miners or validators for confirming transactions. They fluctuate based on network demand.

2. Exchange Fees: Centralized exchanges like Binance or Coinbase charge trading fees (usually a percentage of your trade), withdrawal fees, and sometimes deposit fees.

3. Wallet Fees: Some wallets charge for sending crypto or swapping tokens within the app.

4. Bridging & Swapping Fees: When moving assets across chains or swapping tokens, users may face service fees plus gas fees.

Tips to Save:

• Use Layer 2 networks (like Arbitrum, Optimism) for lower gas.

• Choose exchanges with lower fee structures.

• Monitor network congestion to time your transactions smartly.

Understanding fees = smarter, more cost-effective crypto use.