#CryptoFees101 — Commissions in Crypto: Where Does Your Money Go? 🔍

When you trade, transfer, or interact with crypto assets, you almost always pay commissions. Ignoring them means losing profit.

📌 Main Types of Commissions:

1️⃣ Trading Fees — the fee for buying/selling on an exchange (taker/maker).

2️⃣ Network Fees (Gas) — the fee for transactions on the blockchain (for example, Ethereum or Bitcoin).

3️⃣ Withdrawal Fees — a fixed amount for withdrawing from the exchange to a wallet.

4️⃣ Swap Fees — the fee for exchanging tokens in DeFi.

⚠️ During peak moments (news, hype, NFT drops), fees can skyrocket by tens of times. It's important to consider them with every asset movement.

🎯 Optimize: use exchanges with low fees, choose the right time, and utilize Layer 2 solutions (Arbitrum, Optimism) for savings.