Part 2/9:
Investing in cryptocurrency often starts with a purchase from platforms like Coinbase. However, the transaction fees can significantly eat into the amount of cryptocurrency purchased. For instance, buying $11,000 of Ethereum on Coinbase may yield only 0.29 ETH, whereas executing the same amount using a low-fee platform can net considerably more Ethereum—up to 3 ETH in one example. This disparity underscores the importance of selecting the right exchange, especially in decentralized finance (DeFi) where fees can vary widely.