#CryptoFees101 CryptoFees101

Trading cryptocurrencies involves fees such as trading fees (maker/taker), withdrawal fees, and network fees (gas). Maker fees, which are lower to provide 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 reduce the frequency of withdrawals. Understanding fee structures and strategically planning trades helps lower costs, ensuring my capital increases by providing profitable opportunities.