#CryptoFees101
💸 #CryptoFees101 – Because Every Satoshi Counts
Crypto isn’t free money — fees can eat into your profits if you’re not careful. Here’s what to watch:
🔹 1. Network Fees (Gas)
→ Paid to miners/validators. Ethereum gas can spike during congestion.
🔹 2. Exchange Fees
→ Trading platforms charge maker and taker fees (e.g., 0.1–0.5%).
🔹 3. Withdrawal Fees
→ Fixed or variable, depending on the token and platform. Always check before moving funds.
🔹 4. Slippage
→ Hidden cost when price moves between order placement and execution. Common in volatile markets.
🧠 Pro Tip: Use Layer 2s, fee calculators, and centralized exchanges with fee discounts to save more.
Know the fees. Trade smarter.
#CryptoTrading #DeFi #Ethereum #Bitcoin #FinancialLiteracy #BlockchainBasics