#CryptoFees101 Crypto Fees 101 (in 120 words):

Crypto fees are charges users pay when making transactions or trading digital assets. There are mainly two types: network fees and exchange fees. Network fees (like gas fees on Ethereum) go to miners or validators for processing transactions on the blockchain. These fees vary depending on network congestion. Exchange fees are charged by platforms like Binance or Coinbase for buying, selling, or swapping crypto, often as a percentage of the trade amount. Some platforms also charge withdrawal fees when transferring crypto to an external wallet. Fee structures vary by platform and can affect your overall profits. Understanding crypto fees helps users make cost-effective choices and avoid unexpected costs during trading or transferring funds. Always review fee details before any transaction.