#CryptoFees101

💸 #CryptoFees101: Where Do Your Crypto Fees Go? 💸

Ever wonder why you're charged a fee every time you trade, transfer, or swap crypto? Let’s break it down:

📊 1. Network Fees (Gas Fees)

Paid to miners or validators to process your transaction.

⚠️ Varies by network:

Ethereum = High fees during congestion

Solana/Polygon = Much cheaper

🏦 2. Exchange Fees

Charged by platforms like Binance, Coinbase, or Uniswap.

Maker Fees: When you add liquidity

Taker Fees: When you take from the order book

🧠 3. Hidden Fees

Watch for slippage, spread, and withdrawal charges—those cents add up!

💡 Pro Tip: Use Layer 2 solutions, choose low-fee networks, and always check the fee breakdown before hitting "Confirm."

Understanding fees = keeping more of your crypto!

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