#CryptoFees101

Trading cryptocurrencies involves fees such as trading fees (maker/taker), withdrawal fees, and network fees (gas). Maker fees, which are lower for providing liquidity, and taker fees, which are higher for withdrawing, vary by exchange. Withdrawal fees depend on blockchain technology, while gas fees fluctuate with network congestion. To optimize performance, I trade on low-fee platforms, use limit orders to earn maker discounts, and time transactions during periods of low congestion to reduce gas costs. I also consolidate trades to decrease the frequency of withdrawals. Understanding fee structures and strategic planning of trades helps reduce costs, ensuring my capital increases while providing profitable opportunities.