What is a crypto exchange fees calculator?
Could you please elaborate on what a crypto exchange fees calculator is? I'm interested in understanding how it functions and its significance within the realm of cryptocurrency trading. Is it a tool that allows traders to estimate the fees they might incur when conducting transactions on various crypto exchanges? If so, how does it work? Does it take into account different factors such as trading volume, coin type, and exchange platform? Additionally, how can traders utilize this calculator to make more informed decisions about their trading strategies? I'd appreciate a concise yet comprehensive explanation of this concept.