#CryptoFees101

**Crypto Fees 101: What You're Really Paying For**

Buying, selling, or moving crypto? Expect fees. Here’s the breakdown:

1. **Network/Gas Fees:**

* Paid to blockchain miners/validators to process your transaction.

* **Volatile:** Surge when networks are busy (e.g., Ethereum).

* **Fixed-ish:** Often lower/fixed on chains like Solana or BNB Chain.

* *You pay this for transfers & DeFi swaps.*

2. **Exchange/Trading Fees:**

* Charged by platforms (CEXs like Binance or DEXs like Uniswap) for executing your trade.

* Usually a small % of the trade value (e.g., 0.1%).

* *You pay this when buying/selling.*

3. **The Hidden Costs:**

* **Spread:** Difference between buy/sell prices – wider on low-liquidity assets.

* **Slippage:** Getting a worse price than expected on large or illiquid trades (common on DEXs).

**Key Takeaway:**

**Always check fees before confirming!** Network fees can make small transfers pointless, and slippage can eat profits. Factor them into every move.