#CryptoFees101
💸 #CryptoFees101 💸
Understanding crypto fees can save you money! 🧠💰
1. Network fees (gas fees) are charged for processing transactions — higher during peak times.
2. Exchange fees vary by platform — look out for trading, withdrawal, and deposit charges.
3. Slippage happens when the price changes during a trade — adjust tolerance settings.
4. Layer 2 solutions (like Arbitrum, Optimism) offer cheaper transactions.
5. Always compare fees before choosing an exchange or wallet.
Smart traders manage fees wisely.
Cutting costs = boosting profits! 📈
#Crypto #TradingTips #SaveOnFees
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