#CryptoFees101
Crypto transactions aren’t always “free.” Here's a quick breakdown of the most common crypto fees you should know:
1️⃣ Trading Fees – Charged by exchanges when you buy/sell.
🔁 Maker vs Taker fees: Makers place limit orders; takers accept them.
2️⃣ Network Fees (Gas Fees) – Paid to miners/validators for processing transactions.
⚡️ High during congestion. Ethereum is notorious for this!
3️⃣ Withdrawal Fees – Charged when moving crypto from exchanges to wallets.
💰 Always compare before withdrawing!
4️⃣ Swap Fees – When using DEXs like Uniswap or PancakeSwap.
🔄 Often tied to liquidity provider incentives.
5️⃣ Hidden Spreads – The price difference between buy and sell.
🧐 Exchanges don’t always make this obvious!
👉 Tip: Lower fees = higher profits. Use fee-friendly platforms, time your transactions, and watch the networks!
#Crypto #Fees #BlockchainBasics #DeFi #Binance #Ethereum #Bitcoin #TradingTips #Web3