#CryptoFees101

Crypto fees are charges users pay when making transactions or trading on cryptocurrency platforms. These fees vary depending on the exchange, network traffic, and type of transaction.

There are typically two main types of fees: trading fees and network (or gas) fees. Trading fees are charged by exchanges when you buy, sell, or swap cryptocurrencies. They may be fixed or based on your trading volume.

Network fees are paid to blockchain validators to process and confirm transactions. For example, Ethereum gas fees can fluctuate depending on demand and congestion.

Some platforms offer reduced fees for using their native tokens or achieving higher trading volumes. Understanding and comparing fees is important for managing costs and maximizing profits.