Family, who understands this! All profits in the crypto world go to transaction fees
Family, I just entered the crypto world not long ago, thinking I could try my hand and earn some pocket money, but I ended up being backstabbed by transaction fees!
I finally made a profit of 24U on a trade, but the transaction fee actually deducted 19U! The profit left is almost negligible, it’s like I worked hard for nothing.
So, I have to ask, are these transaction fees too exaggerated? I completely don’t understand, is the trading platform “cutting leeks,” or are transaction fees in the crypto world just this outrageous?
I studied the trading rules for half a day, but I still can’t figure out how these fees are calculated. I asked friends around me, and they couldn’t explain it either.
Is there a crypto expert who can help me analyze why these fees are so high? How can I avoid this situation in the future? I’m waiting online, it’s quite urgent!$BTC $ETH $BNB
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