#CryptoFeesShock
1. Transaction Fees
Bitcoin: Fees go to miners and vary based on network congestion and transaction size in bytes.
Ethereum: Uses gas fees, paid in ETH, which fluctuate based on demand for block space.
Other Blockchains (e.g., Solana, Avalanche): Often have lower fees due to different consensus mechanisms or scalability solutions.
2. Exchange Fees
Centralized Exchanges (CEX) (e.g., Binance, Coinbase):
Maker/Taker Fees for trading.
Withdrawal Fees per asset.
Decentralized Exchanges (DEX) (e.g., Uniswap, PancakeSwap)
Pay network gas fees plus small trading fees (usually 0.1%–0.3%) that go to liquidity providers.
3. Bridging and Swapping Fees
Moving assets across chains or swapping tokens incurs fees from protocols and networks.
4. Staking/Yield Fees
Some platforms charge performance or management fees for staking or yield farming.