#CryptoFees101 Understand the fees & save more on every transaction 🔍📉
Every transaction has a cost — but savvy traders know how to keep fees low and profits high. Let’s break down the main types of fees in crypto:
🔹 Trading Fees
Charged when buying or selling crypto on exchanges.
✔️ Maker Fees: You add liquidity (e.g., limit orders)
✔️ Taker Fees: You remove liquidity (e.g., market orders)
📌 Tip: Maker fees are generally lower — use limit orders when possible.
🔸 Withdrawal Fees
Fees for transferring cryptocurrencies from the exchange to your wallet.
📌 Tip: Bundle withdrawals or choose low-fee networks like TRC20 or BEP20.
🔸 Network/Gas Fees
Paid to miners/validators for processing transactions on blockchains (notably on Ethereum).
📌 Tip: Use layer 2 solutions or trade during low congestion periods to save on gas.
✅ How I reduce fees:
Use exchange fee discounts (like paying fees in BNB or BGB)
Choose high liquidity pairs to avoid slippage
Bundle transactions using limit orders
Take advantage of fee promotions and VIP levels
Fees can be low — but they add up. Trade smarter, not harder. 💡