#CryptoFees101

💸 Fees in the crypto world may seem simple, but they significantly impact your profits, especially for day traders. Understanding the types of fees helps you make smarter decisions.

🔍 Here are the most important types of fees you should know:

1. Trading Fees: Vary by platform and account type. Usually, they are a percentage of the transaction.

2. Withdrawal Fees: Paid when transferring cryptocurrencies from the platform to your wallet.

3. Network Fees: Like gas fees on Ethereum, these are paid to miners or verifiers.

4. Spread: The difference between the buying and selling price, often hidden.

✏️ Tip: Always compare platforms before making any transaction, as fees can vary greatly!