#binancesquareofficial #criptofees101
QUICK GUIDE TO CRYPTO FEES & HOW TO SAVE
Crypto trading isn’t just about buy low, sell high—it’s also about avoiding high fees. Here's a quick breakdown of common fees and how to reduce them:
💸 Main Fee Types
Trading Fees::::
Maker (limit orders – cheaper)
Taker (market orders – more expensive)
Network (Gas) Fees::::
Paid to blockchain miners/validators
High on Ethereum, lower on Layer 2s like Arbitrum
Withdrawal Fees::::
Charged by exchanges when moving crypto out
Swap Fees (DeFi)::::
Charged by DEXs like Uniswap (avg. 0.3%)
Spread Cost::::
Difference between buy and sell price
💡 How to Save on Fees
Use limit orders (become a maker)
Trade on low-fee exchanges
Hold exchange tokens (e.g., BNB, KCS) for discounts
Use Layer 2 networks to reduce gas fees
Trade during low congestion times
Use DEX aggregators (like 1inch) for best rates
📌 Pro Tip
Small fees add up! Optimize every trade to protect your profit.
