#CryptoFees101 Network Fees (Gas)

Who charges them? Blockchain network (not an exchange)

Why? Paid to validators/miners for confirming transactions

Example:

On Ethereum, it's called gas

On Bitcoin, it's simply a network fee

b. Exchange Fees

c. Wallet Fees

Most non-custodial wallets (like MetaMask) do not charge fees themselves, but:

You will still pay network fees when sending cryptocurrency

Some wallets add a markup for swaps or token purchases

📉 4. How to reduce cryptocurrency fees

✅ Use Layer 2 solutions like Arbitrum or Optimism (for Ethereum users)

✅ Choose blockchains with low fees, like Solana, Avalanche, or Polygon

✅ Use limit orders on exchanges to qualify for maker fees

✅ Trade during low network activity (at night/weekends)

✅ Consolidate transactions (e.g., send once instead of multiple small ones)

❗️ 5. Hidden or additional costs to watch out for

Bridge fees (moving tokens between chains)

Slippage in swaps (you receive less due to price changes)

Service fees in DEX aggregators or wallet exchanges (e.g., MetaMask or 1inch)