💰 #CryptoFees101 — Understanding and Optimizing Your Trading Costs

Crypto trading comes with several types of fees that can impact your profits:

🔹 Trading Fees — Charged per trade, usually a small percentage of the trade amount. Binance offers discounts if you pay fees with BNB or trade higher volumes.

🔹 Withdrawal Fees — Fees for moving crypto out of an exchange to your wallet. These vary by coin and network congestion.

🔹 Network (Gas) Fees — Especially in DeFi or Ethereum-based tokens, fees paid to miners for processing transactions.

To optimize fees:

✅ Use limit orders to avoid taker fees

✅ Hold and use exchange tokens (like BNB) for discounts

✅ Time withdrawals when network fees are low

✅ Choose coins with lower withdrawal fees for transfers

Minimizing fees helps keep more profit in your pocket!💰🚀