#CryptoFees101 When you're diving into the world of crypto, understanding fees is crucial. Every time you trade, send, or receive crypto, you’ll likely pay a fee—but not all fees are created equal. 🚀
Network fees (like gas on Ethereum) go to miners or validators who confirm transactions. These can spike during network congestion. Then there are exchange fees, which vary depending on whether you're using a centralized or decentralized platform. Some exchanges offer lower fees for high-volume traders or native token holders.
Also, wallet fees may apply when moving crypto off exchanges, and slippage can cost you more than you expect in volatile markets. 🧠
Before you trade, always check the fee structure. A few extra seconds of research can save you money in the long run.
Understanding crypto fees = smarter investing. 💡