#CryptoFees101

Crypto fees are charges you pay to process and confirm transactions on a blockchain network. These fees incentivize miners or validators to include your transaction in the next block.

Types of fees include:

Transaction fees: Paid when sending crypto from one wallet to another.

Network fees: Vary depending on blockchain congestion and speed.

Exchange fees: Charged by trading platforms for buying, selling, or converting cryptocurrencies.

Understanding fees helps you manage costs and choose the best time or platform for your crypto activities.