#CryptoFees101 Crypto fees are charges incurred for various activities within the crypto ecosystem. The main types include:

* Network (or Gas) Fees: Paid to miners/validators for processing and securing transactions on a blockchain (e.g., Bitcoin, Ethereum). These fluctuate based on network congestion and transaction complexity. Higher fees incentivize faster processing.

* Trading Fees: Charged by exchanges when you buy or sell crypto. These can be a percentage of the trade value and often differentiate between "maker" (adding liquidity) and "taker" (removing liquidity) fees.

* Withdrawal Fees: Applied when transferring crypto from an exchange to an external wallet, covering the cost of moving assets on the blockchain.

* Deposit/Conversion Fees: Less common but sometimes charged for depositing funds or converting one crypto to another within a platform.

Fees are crucial for incentivizing network participants and preventing spam.