#CryptoFees101
๐ธ CryptoFees101: Know What Youโre Paying
1. Network (Gas) Fees
๐ ๏ธ Paid to blockchain validators (miners or stakers).
โฝ Examples:
Ethereum (ETH): High during congestion
Solana, Polygon: Much cheaper
๐ก Tip: Use networks with low fees for small transactions.
2. Exchange Fees
๐ฆ CEX (e.g., Binance, Coinbase):
Maker fee (you place an order)
Taker fee (you match an order)
Range: 0.1%โ0.5%
โ๏ธ DEX (e.g., Uniswap, PancakeSwap):
Swap fee (0.1โ0.3%)
Plus gas fee from wallet
3. Withdrawal Fees
When moving crypto from exchanges to wallets.
Fixed per coin (e.g., BTC ~0.0005 BTC, varies by platform).
4. Slippage
๐ฑ The price difference between when you click and when it's executed.
Set slippage % in DEX settings (1%โ3% common for volatile coins).
5. Hidden Fees
๐ฌ Poor conversion rates or surprise fees on shady platforms.
๐ง Always check full preview before confirming.
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