#CryptoFees101

Before diving into crypto trading, it's important to understand the different types of fees that can eat into your profits. Here are a few key ones:

Trading Fees: Most platforms charge a fee for each trade you make. This can either be a flat rate or a percentage of the transaction.

Withdrawal Fees: When you transfer your crypto to an external wallet, there’s often a fee for the withdrawal. It can vary depending on the cryptocurrency and the platform.

Network Fees (Gas Fees): For cryptocurrencies like Ethereum, network fees are required to process transactions. These can fluctuate based on network congestion.