💸 Crypto transaction fees - not knowing can easily lead to "burning your wallet"!
When participating in the crypto market, there is one thing that always accompanies you everywhere: transaction fees. Whether buying, selling, or withdrawing coins - fees will silently eat away at your account if you are not careful.
📌 Common types of fees:
1. Trading Fee: On CEX platforms like Binance, it is usually 0.1%, but it can be reduced if you use BNB for payment.
2. Withdrawal Fee: Withdrawing USDT via Ethereum can cost up to $5-$20, while through TRON (TRC20) it's only a few cents!
3. Gas Fee: For on-chain transactions on the Ethereum network, BNB Chain, Solana… Network congestion → fees increase dramatically.
✅ Tips to save:
• Use cheaper networks (TRC20, BNB Chain).
• Avoid small withdrawals; consolidate and withdraw once.
• Use exchange tokens to reduce fees.
Knowing the fees = keeping your wallet. Smart trading means optimizing every penny 💰
