#CryptoFees101
Understanding trading fees is essential for every crypto trader, especially when dealing with the ETH/USDT pair. Whether you're a beginner or seasoned investor, fees can eat into your profits more than you might expect. Most centralized exchanges charge a maker and taker fee, typically ranging from 0.1% to 0.25% per trade, depending on your 30-day volume or VIP status. While these percentages may seem small, they add up fast in active trading.
On decentralized exchanges (DEXs), fees often come from liquidity provider (LP) rewards and network gas fees. For ETH-based tokens, high Ethereum gas prices can make small trades expensive. Always check the current gas fees before executing a transaction.
Pro tip: Use fee calculators or tools like CoinGecko’s fee trackers to compare platforms. Choosing low-fee exchanges and trading off-peak can help you keep more of your gains.
#CryptoFees101
