#CryptoFees101
When using crypto, every transaction comes with a fee whether you're trading, transferring, or using DeFi apps. Network fees (like Ethereum gas or Bitcoin transaction fees) go to miners or validators to process your transaction. Trading fees are charged by exchanges, typically split into maker and taker fees, with platforms like Binance offering discounts when using BNB. Withdrawal fees apply when moving assets off an exchange, varying by token and network. DeFi protocols may also charge protocol fees to reward liquidity providers or support governance. To reduce fees, consider using low-cost networks (like BNB Chain or Arbitrum), avoid peak congestion times, and take advantage of fee discounts. Understanding fees helps you trade smarter and save more in the long run..